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Boursa Kuwait suspends trading activity on 3 stocks

Boursa Kuwait suspends trading activity on 3 stocks
Both of Ithmaar and Yiaco’s stocks were suspended
ALKOUT
ALKOUT
1.43% 779.00 11.00
Ithmaar Holding
ITHMR
7.69% 0.03 0.00
YIACO
YIACO
7.14% 4,860.00 340.00

Mubasher: Boursa Kuwait announced that it has suspended the trading activity of three listed-companies for various reasons.

On Sunday, Boursa Kuwait stated on its official website that it has suspended Al Kout Industrial Projects’ stock from trading as its 31 March 2019’s financial statements had not yet been disclosed.

Both of Ithmaar Holding and Yiaco Medical Company’s stocks were also suspended as their losses exceeded 75% of total capital, Boursa Kuwait noted.

Earlier on Sunday, Boursa Kuwait announced a trading halt on the International Financial Advisors’ (IFA) stock starting from 19 to 25 August 2019