Kuwait bourse may halt 47 firms without earnings

Global Investment House and Investment Dar Co among companies facing stop.
Kuwait bourse may halt 47 firms without earnings
By Eman Goma
Tue 31 Mar 2009 12:06 PM

Kuwait's bourse will halt trading of 47 listed companies, among them the country's biggest investment bank Global Investment House, if they do not report their 2008 earnings by Wednesday, it said."Trading in the shares of these companies will be halted, if the annual financial reports (for 2008) are not submitted by 0830 on Wednesday morning," the bourse said on a statement on its website (www.kuwaitse.com ) on Tuesday.

Global Investment House and Islamic rival Investment Dar Co and many other investment firms are among the companies facing a trading suspension. (Reuters)

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