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Kuwait index halts trading in nine companies

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 13 August 2009
TRADING CRACKDOWN: Nine companies listed in Kuwait have been suspended from trading. (Getty Images)
TRADING CRACKDOWN: Nine companies listed in Kuwait have been suspended from trading. (Getty Images)

The Kuwait Stock Exchange on Thursday suspended trading in nine companies after they failed to release second-quarter earnings within the 45-day deadline.

Investment Dar Co., Aref Investment Group and Pearl of Kuwait Real Estate Co. were among the companies suspended, according to a statement posted on the bourse’s Web site.

Investment Dar, owner of half of Aston Martin Lagonda Ltd., has been barred from trading since April 1 for failing to release its 2008 results before the deadline.


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