Thursday 15 March 2018

Kuwait to divide its stock market into three segments | ZAWYA MENA Edition

Kuwait to divide its stock market into three segments | ZAWYA MENA Edition:

"Kuwait Stock Exchange plans to divide its stock market into three market segments from April 1 in a bid to boost liquidity for investors, a regulatory official said on Thursday. The bourse will also introduce new rules for listings on the same day, Abdulrahman al-Failakawi, the representative of the Capital Markets Authority (CMA). told reporters. The three market segments will be known as the premier market, the main market and the auction market. It will replace the current market. The premier market would be home to relatively larger and more liquid listed companies, Boursa Kuwait has said in the past."



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