Kuwait’s CMA resumes trading on Marakez

Mubasher: The Board of Commissioners of the Capital Markets Authority (CMA) approved on Sunday, 19 April, to resume trading on the stock of Real Estate Trade Centers (Marakez) on Boursa Kuwait.

Meanwhile, the CMA will continue examining the regulatory requirements that were previously submitted by the company, including data and information, within its scope of regulatory competence, according to a bourse disclosure on Monday.

In February, the CMA announced the suspension of trading activity on Marakez for five business days until meeting regulatory requirements.

It is noteworthy that in 2019, the company recorded higher profits by 45.12% at around KWD 22,530 from nearly KWD 15,520 in 2018.

 

Mubasher Contribution Time: 20-Apr-2020 07:40 (GMT)
Mubasher Last Update Time: 20-Apr-2020 09:53 (GMT)