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Trading on 9 Boursa Kuwait stocks still suspended

Trading on 9 Boursa Kuwait stocks still suspended
Mushrif Trading & Sultan Center are among the suspended companies
HAYATCOMM
HAYATCOMM
4.61% 84.00 3.70
K-GYPS
GYPSUM
0.00% 95.00 0.00
SULTAN
SULTAN
-0.91% 109.00 -1.00

MTCC
MTCC
-2.00% 56.00 -1.00

Mubasher: Boursa Kuwait on Thursday announced that it will continue suspending trading on nine stocks for various reasons.

The affected companies are Kuwait Bahrain International Exchange, Warba Insurance, Kuwait Gypsum Manufacturing and Trading, Sultan Center Food, Mushrif Trading and Contracting, Hayat Communications, Yiaco Medical, Metal and Recycling, and Mena Real Estate, according to a bourse statement.

Mushrif Trading and Contracting did not submit the financial statements for the last two quarters of 2016 and the first two quarters of 2017, and did not pay the annual fees, besides not holding its ordinary general meeting (OGM), the bourse added.

On the other hand, Sultan Center was suspended upon its own request, the bourse said.