FTSE Licences Kuwait Stock Exchange with the Industry Classification Benchmark (ICB)

chosen classification system. The introduction of the internationally acclaimed ICB opens up the doors to a range of new sector-based investment strategies within exchange-based and wider investment products and services for domestic investors.

Established in 1962, the Kuwait Stock Exchange is one of the first and largest stock exchanges in the Gulf region. Its adoption of the globally recognised ICB marks a significant development as the exchange continues to gain prominence within the world financial markets. The incorporation of ICB within the exchange’s current index solutions and trading platform will further enhance the depth of information available in the market.