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Marakez sends clarification on stock surges

MARAKEZ MARAKEZ 0.00% 45.70 0.00

Kuwait Stock Exchange (KSE) announced receiving a letter from Real Estate Trade Centers Co. (Marakez) which reads as follows:" Further to CMA's statement about the stock's trading in the period from 22/8/2012 till 5/9/2012, please note that Marakez does not have any undisclosed material events that may impact the stock trading.

The company added in a filing posted on KSE website that it did not sell or buy any treasury shares and did not issue statements relevant to the stock or the company.

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