Ikarus’s board to consider delisting from KSE

Kuwait-Mubasher: Ikarus Petroleum Industries will hold a board meeting on Monday to discuss a voluntary withdrawal from the Kuwait Stock Exchange (KSE).

The Kuwaiti firm suffered losses worth KWD 7.84 million in the fiscal year 2015, against earnings worth KWD 10.11 million in FY14.

On the Kuwaiti exchange, Ikarus stock settled at 83 fils by the end of Sunday’s trading session, after about 3,600 shares were traded with a liquidity standing at KWD 288. 

Mubasher Contribution Time: 10-Apr-2016 11:18 (GMT)
Mubasher Last Update Time: 10-Apr-2016 11:44 (GMT)