Kuwait stock exchange launches new main market index | ZAWYA MENA Edition:
Kuwait’s stock exchange, Boursa Kuwait, has launched BK Main 50 Index, which represents the 50 most liquid securities in the main market.
The new index will include or exclude companies based on the calculation of the average daily traded value, that signifies liquidity.
“The launch of the BK Main 50 Index represents a significant step further in Boursa Kuwait’s market segmentation and forms part of our ongoing endeavors aimed at creating a robust capital markets ecosystem in Kuwait that will benefit all market participants,” said Noura Al-Abdulkareem, Acting Head of Markets, Boursa Kuwait.
“This development, helping enhance the appeal of the equity market to foreign investors and encourage higher participation of local retail investors, will further strengthen the company’s position as a leading stock exchange in the region,” she added.
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