Mubasher: Boursa Kuwait has suspended trading on Premier Market until the end of Sunday's trading session, as its index slid by more than 10% earlier today, subject to the rulebook of the bourse.
The bourse further cancelled the closing auction, according to a statement on Sunday.
In addition, it noted that the said suspension will not automatically halt trading on the Main Market as long as it did not fall to levels that dictate so.
Earlier this day, the Premier Index declined by 10.98%, while the All-Share, Main, and BK 50 market indices dropped by 9.18%, 4.07%, and 5.06%, respectively.
Source:
Mubasher