Mubasher: Boursa Kuwait Securities Company plans to step up transparency and efficiency in trading activities over the coming period in an effort to be added into emerging market (EM) indices by all international index compilers, the firm’s acting head of markets stated.
Boursa Kuwait also seeks to develop investment instruments, along with attracting more investments, and remodel the market in a bid to boost competition, Noura Al Abdulkareem told Al Anba newspaper.
The official further noted that the second tranche in the third phase of developing the Kuwaiti stock market is forecast to be carried out in the fourth quarter of 2019 and Q1-20.
Boursa Kuwait succeeded in attracting local and overseas investors after the private sector has led its business over the previous period.
In 2018, Boursa Kuwait amended listing rules in order to cope with the requirements of governmental and family companies.
Al Abdulkareem noted that an investment firm received the capital market authority’s (CMA) approval to start acting as a market maker recently.
