Boursa Kuwait Discusses the Latest Developments Related to Market Development Plans with the Investment Companies

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Boursa Kuwait Discusses the Latest Developments Related to Market Development Plans with the Investment Companies

Boursa Kuwait held an introductory meeting with 18 investment companies to discuss the latest updates in the market and put forward the Kuwaiti future development plans.

Discussions were held about some of the new real estate and financial investment instruments which Boursa Kuwait plans to launch shortly. These include, but are not limited to: REITs, shares lending and borrowing,  short selling, share swap transactions, and the introduction of market-on-close trading sessions, as well as new benefits of market maker and clarifications regarding listing rules, analysts conferences and improvements in special trade transactions.

Boursa Kuwait Board Members also recommended an extension to the transitional period for shares for an additional year, ending December 31st, 2019, and the plan to renaming of the auctions market.

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