Mubasher: The new board of Boursa Kuwait Securities Company, led by Hamad Meshary Al Humaidhi, includes a group of market experts and will push ahead with the development of the stock exchange over the coming period, the company’s CEO told Al Rai newspaper.
The executive management will collaborate with Boursa Kuwait’s new board of directors to keep pace with the bourse’s development on the back of the approaching inclusion of Boursa Kuwait by global index compilers, such as MSCI, Mohammad Al Osaimi said.
The top official further noted that the Kuwaiti bourse has made headway towards the upgrade of its performance.
The stability of liquidity is a positive indicator, and the bourse is ready to attract further foreign investments over the next period, Al Osaimi noted.
On Sunday, Boursa Kuwait Securities elected a new board for the coming three years.
On Monday, 15 April, the chairman of Capital Market Authority (CMA) Board of Commissioners said that the initial public offering (IPO) of Boursa Kuwait Securities Company is forecast to take place during the first quarter of 2020.
