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Tuesday , November 13 2018

Tag Archives: Boursa Kuwait

Upgrading Boursa Kuwait to emerging market ‘vital’: CEO

All traders, shareholders urged to focus on upcoming steps KUWAIT CITY, Sept 23, (KUNA): Upgrading of Boursa Kuwait, the national stock exchange, to the status of an emerging market is vital for the country’s economic development, said the bourse CEO Khaled Al-Khaled on Sunday. Speaking to KUNA, Al-Khaled that the …

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CMA holds session with local investors on bidding process for stake in Boursa Kuwait

KUWAIT CITY, Sept 3: On the 3rd of September 2018, the Capital Markets Authority’s (“CMA”) advisors, Tri International Consulting Group and KAMCO Investment Company, held a consultation session with local investors to guide them through the next phase of the bidding process for an equity stake in Boursa Kuwait. During …

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Kuwait index ticks up in ‘lackluster’ session

Mabanee Co gains 7 fils, Ooredoo slips KUWAIT CITY, Aug 14: Kuwait stocks ticked higher on Tuesday stemming the three-day retreat. The All Shares Main Index rose 3.35 pts in lackluster session to 5,217.96 points as counters closed narrowly mixed. Some of the tech shares notched robust gains. The Premier …

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Kuwait equities retreat into red, volume drops

KFH shed 10 fils, KIPCO flat KUWAIT CITY, Aug 12: Kuwait stocks swung lower on Sunday following last week’s winning spree. The All Shares Index dipped 23.99 pts in  choppy trade to 5256.87 points as  profit taking  dragged most of the heavyweights into red. The Premier Market  skidded  31.74 points …

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Boursa Kuwait ends trading in green

Boursa Kuwait ended last week in the green zone. The Premier Market Index closed at 5,455.85 points, up by 1.99%, the Main Market Index increased by 0.34% after closing at 4,963.10 points, and the All-Share Index closed at 5,280.86 points up by 1.44%. Furthermore, last week’s average daily turnover increased …

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CMA launches next phase of bidding for equity stake in Boursa Kuwait

Qualified local investors, int’l operators were given additional time to express interest KUWAIT CITY, Aug 2: The Capital Markets Authority (“CMA”) on the 28th of June 2018 issued an announcement regarding the bidding for an equity stake in Boursa Kuwait. Following consultation sessions with local investors, the CMA had agreed …

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Boursa Kuwait announces its full membership with FEAS exchanges

FEAS facilitates integration with global markets and exchanges KUWAIT CITY, July 21: Boursa Kuwait has announced its membership with the Federation of Euro-Asian Stock Exchanges (FEAS), which facilitates its integration with global financial markets and exchanges. Through this membership, Boursa Kuwait will be a member of a federation that gathers …

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Kuwait Index upgrade soon

KUWAIT CITY, July 11, (KUNA): Boursa Kuwait management met on Wednesday with MSCI representatives during their visit to Kuwait to engage with several key entities. The meeting took place after MSCI’s recent announcement to include the MSCI Kuwait Index in its 2019 Annual Market Classification Review for a potential reclassification …

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FDI in Kuwait drops 28.2% in 2017

Boursa Kuwait performance mixed during week The US Federal Reserve decided on 13/06/2018 to raise the interest rate on the US dollar by a quarter percent point to 2%. This was the seventh increase since the first increase on  December 16, 2015. The base interest rate was fixed at 0.25%, …

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MSCI Kuwait index to be included in the 2019 review

Announcement is testament to progress of Boursa Kuwait development plan: CEO KUWAIT CITY, June 21: Boursa Kuwait would like to confirm that Morgan Stanley Capital International (MSCI) announced that it will include the MSCI Kuwait Index in its 2019 Annual Market Classification Review for a potential reclassification from Frontier Markets …

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