Boursa Kuwait
بورصة الكويت | |
Agency overview | |
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Jurisdiction | Kuwait |
Headquarters | Kuwait City Coordinates: 29°22′40″N 47°58′33″E / 29.37778°N 47.97583°E |
Agency executive |
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Website | www |
Boursa Kuwait, formerly the Kuwait Stock Exchange (KSE), is the national stock market of Kuwait.
History[]
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[]
- Economy of Kuwait
- List of Mideast stock exchanges
- List of stock exchanges
References[]
- ^ Jump up to: 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.
- ^ 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[]
- Boursa Kuwait Official Website
- Kuwait Stock Exchange previous website
- Kuwait Stock Exchange website's List of Listed Companies
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- 1983 establishments in Kuwait
- Organizations established in 1983
- Economy of Kuwait
- Stock exchanges in the Middle East
- Stock exchanges in Asia
- Companies based in Kuwait City