Kuwait's bourse fell from a near four-week high on Wednesday as investors sold shares in companies that failed to announce their financials by the regulatory deadline, while Gulf markets finished mixed in lacklustre trade.
Kuwait's stock exchange said it will suspend trading on about 50 companies starting next week for not announcing their financials before the specified deadline of Nov. 15. The market is closed on Thursday for the Islamic New Year Holiday.
The act is a regular occurrence on the exchange, with firms often missing the deadline - trading will resume once earnings have been submitted.
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