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Kuwait bourse to resume trading Monday

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 16 November 2008
APPEAL ACCEPTED: Kuwait's bourse will begin trading against on Monday. (Getty Images)

Trading at the Kuwait Stock Exchange will resume on Monday, after a court accepted an appeal against a court ruling that suspended dealings last week, a lawyer said on Sunday.

A court had ordered the bourse to suspend trading until Nov. 17 on Thursday after a group of investors filed a lawsuit to halt trading to prevent further declines on the sagging bourse.

"The court accepted the appeal... Trading will resume tomorrow [Monday]," Abdullah Al-Kandari, one of the lawyers representing the investors told newswire Reuters by telephone. (Reuters)

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