Market

Boursa Kuwait suspends trading in ‘Premier’ Market for Mon.

KUWAIT, Boursa Kuwait announced Monday suspending trading in the ‘Premier’ Market until the end of today’s session due to a +10-percent decrease of the aforementioned index.

In a press release on its website, Boursa Kuwait said the decision was based on clause 9-26-2 of the Rulebook, with the Closing Auction session also being suspended.

Suspension of trading in the ‘Premier’ Market does not affect trading on the ‘Main’ Market. Only a 10-percent decline in that market’s index can lead to full day suspension of trading in the ‘Main’ Market.

Source: Kuwait News Agency