Mubasher: Boursa Kuwait has drawn attention to the current and emerging investment and partnership opportunities in Kuwait during its participation in the 22nd annual meeting of the Kuwaiti-Japanese Businessmen Committee held in Tokyo, Japan.
The CEO of Boursa Kuwait Khaled Abdulrazzaq AlKhaled has also highlighted the ongoing efforts of the stock exchange to promote Kuwait’s capital market, according to a recent press release.
“With the objective of delivering on our vision of positioning Boursa Kuwait as a leading regional stock exchange, we will continue to strive to develop a sound capital market, providing issuers with efficient access to capital and investors with diverse return opportunities,” the CEO said.
The CEO has focused on the significant progress Boursa Kuwait has been developing since it was founded with “its relentless pursuit of excellence through infrastructural upgrades, regulatory reforms, and diversification of offerings.”
He also highlighted the stock market’s achievement such as its inclusion in the FTSE Russell Emerging Markets Index and the launch of a new rulebook, which has helped the company to specify new three-tiered market segmentation, consisting of the Premier market, the Main market, and the Auction market, in addition to announcing a new set of economic indicators available on Boursa Kuwait website. This aims at helping individuals, businesses, and organizations make more informed financial decisions.
“Other landmark achievements include the official launch of Over the Counter Market (OTC), whereby investors can now trade stocks that are not listed, in a highly transparent investment environment, and the company’s very own proprietary digital education portal ‘Boursa Academy Online’, which aims at promoting financial literacy among the general public and particularly stimulate retail investors’ interest in becoming involved in the country’s capital market,” according to the press statement.
Boursa Kuwait plans to introduce short selling, margin trading, exchange-traded funds, and derivatives.
