Boursa Kuwait

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
State of Kuwait
Boursa Kuwait
بورصة الكويت
Boursa Kuwait.jpg
Agency overview
JurisdictionKuwait
HeadquartersKuwait City Kuwait
Coordinates: 29°22′40″N 47°58′33″E / 29.37778°N 47.97583°E / 29.37778; 47.97583
Agency executive
  • Hamed Al Saif, Director General
Websitewww.boursakuwait.com.kw

Boursa Kuwait, formerly the Kuwait Stock Exchange (KSE), is the national stock market of Kuwait.

History[edit]

Kuwait Stock Exchange

Although several share holding companies (such as NBK in 1952) existed in Kuwait prior to the creation of the Kuwait Stock Exchange, it was not until October 1962 that a law was passed to organize the country's stock market. In April 1977, the stock exchange was initiated and it was named as the Kuwait Stock Exchange (KSE) in 1983.[1][2]

The stock market in Kuwait is regulated by four bodies: the KSE, the Ministry of Commerce and Industry, the Ministry of Finance and the Central Bank of Kuwait;[1] the KSE is also among the first and largest stock exchanges in the Persian Gulf region.[citation needed]

Its name changed to Boursa Kuwait in 2016.[citation needed]

Boursa Kuwait is a member of the Federation of Euro-Asian Stock Exchanges.[citation needed]

See also[edit]

References[edit]

  1. ^ a b Nabeel Al Loughani; David Chappell (2001). "Modelling the day-of-the-week effect in the Kuwait Stock Exchange: a nonlinear GARCH representation". Applied Financial Economics. 11 (4): 353. doi:10.1080/096031001300313910.
  2. ^ Kuwait Banking & Financial Market Handbook. Int'l Business Publications. 7 February 2007. p. 65. ISBN 978-1-4330-2831-1. Retrieved 10 September 2014.

External links[edit]

|} |}