Trading halt on some shares affects small investors – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

Trading halt on some shares affects small investors – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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‘Audit authorities implement procedure for existence of legitimate threats’

KUWAIT CITY, April 5: The trading on shares of listed companies at Boursa Kuwait (the stock exchange) had a negative impact on small investors, said a number of Kuwaiti economists on Wednesday. In separate interviews with KUNA, the economists indicated that the holding of trade on some shares were attributed to several factors including delay in issuing periodical financial statements, inability to pay due fees or other technical factors. Member of the board for Sorooh holding company Suleiman Al- Wuqayan stressed that there was a need for strict procedure to prevent holding of trade, saying that those behind such acts must be subjected scrutiny by auditing authorities.