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Boursa Kuwait suspends trading on 6 stocks

Boursa Kuwait suspends trading on 6 stocks
The companies include Commercial Facilities and Ream Real Estate Co
AJWAN
AJWAN
3.07% 16.80 0.50
MASSALEH
MASSALEH
10.00% 29.70 2.70
FACIL
FACIL
1.78% 172.00 3.00

REAM
REAM
6.62% 90.20 5.60
ALMUDON
ALMUDON
3.52% 20.60 0.70
MTCC
MTCC
-2.00% 56.00 -1.00

Mubasher: Trading on the stocks of Commercial Facilities, Ream Real Estate Co, Al Mudon International Real Estate (Al Mudon), Mushrif Trading and Contracting, and Ajwan Gulf Real Estate has been suspended until announcing their earnings statements in line with article (18-1) of listing rules, Boursa Kuwait said in a statement on Monday.

Trading on Mushrif Trading and Contracting’s stock was halted due to not revealing its financial results for the period started on 30 June 2016, until 31 December 2018.

In the same vein, the Kuwaiti bourse stated that it suspended trading on Al Massaleh Real Estate’s stock after the company’s accumulated losses reached 79%.