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Al-Shall report shows 63 pc of Kuwait-listed firms trade above book value - Times Kuwait
Summary by timeskuwait.com
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1 Articles
Al-Shall report shows 63 pc of Kuwait-listed firms trade above book value - Times Kuwait
A special economic report shows a significant portion of companies listed on the Kuwait Stock Exchange are trading at prices well above their book value, highlighting growing valuation gaps driven largely by uneven liquidity distribution. According to a study by Al-Shall Consulting Company, 35 listed firms, representing 25.2 percent of the market, are trading at more than double their book value. In addition, 53 companies, or 38.1 percent, are p…
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