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CBK, ABK exit Kuwait-15 index

CBK, ABK exit Kuwait-15 index
Photo Credit: Arabianeye-Reuters
KIB
KIB`R
22.03% 288.00 52.00
JAZEERA
JAZEERA`R
10.81% 1,507.00 147.00
ALMUTAHED
ALMUTAHED`R
-0.35% 288.00 -1.00

ABK
ABK`R
2.10% 292.00 6.00
WARBABANK
WARBABANK`R
25.32% 297.00 60.00
CBK
CBK`R
-14.55% 458.00 -78.00

Kuwait-Mubasher: Boursa Kuwait Company has reevaluated the firms listed under Kuwait-15 index by the end of May, according to an issued statement.

Thus, the Commercial Bank of Kuwait (CBK) and Al Ahli Bank of Kuwait (ABK) have exited the index, while both Ahli United Bank – Kuwait (AUB Kuwait) and Kuwait International Bank (KIB) entered the index.

The market’s administration will start applying the results of the evaluation process on 16 June, 2016.