Arab Today, arab today bourse conducts first review of kuwait15 index
Last Updated : GMT 18:19:32
Arab Today, arab today
Arab Today, arab today

Bourse conducts first review of Kuwait-15 index

Arab Today, arab today

Arab Today, arab today Bourse conducts first review of Kuwait-15 index

Kuwait - Kuna

Kuwait Stock Exchange (KSE) conducted its first review of the Kuwait-15 index introduced in mid 2011, and said there would be regular reviews late May and late November each year. KSE\'s data and indices work-team issued a statement saying the objective of the regular review is re-assessment of companies\' status and merit against set criteria, which could mean exit of certain stocks and debut of others into the Kuwait-15 group. Among top criteria are a company\'s liquidity and market value, and the team starts by short-listing stocks of the top 50 companies to later decide on just 15 for the index. As an additional measure in case a company drops off the list, the team would also select three companies that would make the list in such event. The statement pointed out the Kuwait-15 index would be launched alongside launch of the market\'s new trading system soon. It would serve as a better reflector of state of affairs in the market and better guide investors as they make their choices and decisions. The first review resulted in approval of the companies to be listed at present, and the next review is set for May, unless need arise to cross out a company and replace it by another, the top one on the reserve list. The review pushed Boubyan Petrochemical Company out and onto the reserve list, and replaced it by Commercial Bank of Kuwait. Imtiaz company was meanwhile crossed out, and is now off the reserve list. The KSE statement pointed out that the Kuwait-15 companies represent 68.02 percent of overall market value, and 51.43 percent of the overall liquidity.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bourse conducts first review of kuwait15 index Arab Today, arab today bourse conducts first review of kuwait15 index

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bourse conducts first review of kuwait15 index Arab Today, arab today bourse conducts first review of kuwait15 index

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday