Friday 31 October 2014
 
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Kuwait Stock Exchange

Kuwait stock exchange moves towards IPO

Kuwait's stock exchange took a step towards an initial public offer of its shares on Monday after the state's financial regulator said it had established the bourse as a company with a capital of 60 million dinars ($213 million).

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Kuwait exchange off to strong start

The Kuwait Stock Exchange (KSE) got off to a strong start in 2014, with the value-weighted index gaining 6.7 per cent during the first quarter of 2014. The rally was primarily driven by large caps and more precisely bank stocks, s

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Kuwait bourse 'float plan flawed'

Plans to float the Kuwait Stock Exchange (KSE), the Arab world's second largest bourse, are flawed and will hurt its independence, the exchange's head said on Sunday. Hamed al-Saif, the director of the Kuwaiti bourse, said the privatizatio

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Kuwait halts trading in stocks of 24 firms

The Kuwait Stock Exchange halted on Sunday trading in 24 companies that failed to submit their results for the third quarter on time. Most of the companies were investment firms that missed the deadline of filing the Sunday before the star

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NBK fund ‘best performing’

NBK Kuwait Equity Fund was the best performing fund in 2010 in comparison with 32 other all-sector funds of equities listed only in the Kuwait Stock Exchange, said NBK Capital, a leading investment management firm. The fund achieved a +13.

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GHC set to list shares despite global turmoil

Gulf Holding Company (GHC) plans to go ahead with the listing of the company's shares on the Kuwait Stock Exchange despite the current global crisis, a top official said. GHC vice-chairman and chief executive officer Ahmed Al Ameer was

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GHC set to list shares despite global turmoil

Gulf Holding Company (GHC) plans to go ahead with the listing of the company's shares on the Kuwait Stock Exchange despite the current global crisis, a top official said. GHC vice-chairman and chief executive officer Ahmed Al Ameer was

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GHC names CapCorp shares listing consultant

Gulf Holding Company (GHC), a leading Shariah-compliant investment products and services provider, has appointed CapCorp Investment Company (CapCorp) as a consultant for listing its shares on the Kuwait Stock Exchange (KSE). “Listing GHC o

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KSE selects Nasdaq OMX for system buy

Kuwait Stock Exchange (KSE) has chosen Nasdaq OMX Group Inc to develop its trading system, a senior bourse official said on Monday, as part of a plan to introduce greater transparency. "The bourse committee chose Nasdaq OMX not only for a

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Shuaa de-lists from Kuwait exchange

Shuaa Capital, a leading financial services institution in the GCC, confirmed today that its shares have been de-listed from the Kuwait Stock Exchange (KSE) with effect from January 1. The move follows a decision taken by the company's sha

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