Boursa sees surge in suspended portfolios

Boursa sees surge in suspended portfolios

KUWAIT CITY, Feb 11: The Kuwait Stock Exchange has seen a rise in the percentage of suspended portfolios despite an increase in the overall number of investment portfolios since the beginning of the year. Currently, suspended portfolios account for 37%, with the remaining 63% active, reports Al-Jarida daily. According to reliable sources, there are currently …

<p>The post Boursa sees surge in suspended portfolios first appeared on ARAB TIMES - KUWAIT NEWS.</p>KUWAIT CITY, Feb 11: The Kuwait Stock Exchange has seen a rise in the percentage of suspended portfolios despite an increase in the overall number of investment portfolios since the beginning of the year. Currently, suspended portfolios account for 37%, with the remaining 63% active, reports Al-Jarida daily. According to reliable sources, there are currently 1,619 suspended investment portfolios out of a total of 4,339 active portfolios. These suspensions can be attributed to various factors, including personal decisions by portfolio managers, disciplinary actions taken by the Disciplinary Board, or scrutiny by the Capital Markets Authority for violations. The prevalence of manipulative practices in the stock exchange has heightened concerns among traders, leading many to prefer institutional channels for investment rather than managing portfolios independently to mitigate potential risks and errors.There