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CMA approves 3 firms delisting from KSE

CMA approves 3 firms delisting from KSE
Kuwait Stock Exchange (Photo Credit: Arabianeye-Reuters)
RIC
REFRI
-2.00% 300.00 -5.00
IKARUS
IKARUS
-7.00% 33.00 -2.00
SAFWAN
SAFWAN
6.00% 410.00 25.00

Kuwait – Mubasher: The board of the Kuwaiti Capital Markets’ (CMA) commissioners agreed on the withdrawal requests previously submitted by three companies; Refrigeration Industries and Storage Co, Ikarus Petroleum Industries, and Safwan Trading and Contracting.

Refrigeration Industries’ shares available for trading represent 24.881% of the overall shares listed on Kuwait Stock Exchange (KSE), according to a recent bourse statement.

Ikarus’s shares account for 39.41% of the overall listed stocks, while Safwan’s shares available for trading represent 17.43% of the overall shares listed on KSE.