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Kuwaiti Bourse Suspends 22 Firms | ASHARQ AL-AWSAT English Archive 2005 -2017
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KUWAIT CITY (AFP) – The Kuwait Stock Exchange on Sunday suspended trading in stocks of 22 listed firms for failing to declare their first quarter results on time.

A statement posted on the KSE website said the companies — 15 of which are investment firms hit by the global financial crisis — failed to announce first quarter results within the stipulated 45 days.

The suspensions will end once companies announce results, it said.

KSE, the second-largest Arab stock market in terms of market value, has around 210 listed Kuwaiti and Gulf companies.

Among the suspended firms are troubled Investment Dar and Global Investment House.