Kuwait's Abyaar to resume trading from June 24

The stock was suspended as the company did not pay the subscription fees for 2020

  
Kuwaiti traders are seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019.

Kuwaiti traders are seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019.

REUTERS/Stephanie McGehee

Kuwait -  Boursa Kuwait announced that trading the stock of Abyaar Real Estate Development will resume on Wednesday.

The stock was suspended as the company did not pay the subscription fees for 2020.

A total of 14 stocks were recently announced to be suspended from trading due to various reasons.

Abyaar reported a 50% decline in net losses during 2019 to KWD 15.78 million, down from KWD 31.67 million in 2018.

Source: Mubasher

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