A recent special economic report published by Al-Shall Consulting shows the performance of the Kuwait Stock Exchange (Boursa Kuwait) during April 2025 was less robust than in the preceding month of March, as evidenced by a decline in trading activity and most price indicators.
According to the report, issued today (Saturday), the stock market witnessed a noticeable retreat across key indices. The Premier Market Index dropped by approximately 1.4%, the Main Market Index by 1.5%, and the All-Share Index also declined by 1.4%. The only exception was the Main 50 Index, which recorded a slight increase of 0.2%, suggesting selective activity within a limited segment of the market, reports Al-Rai Arabic daily.
In terms of market liquidity, the report said, the total value of trades executed in April reached around KD 2.006 billion (roughly $6.13 billion), reflecting a 6.1% decrease compared to March’s liquidity, which stood at KD 2.135 billion (approximately $6.5 billion).
The average daily trading value for April was also impacted, settling at approximately KD 95.5 million (about $292.2 million). This represents a significant drop of 10.5% compared to the average daily value of KD 106.7 million (about $326.5 million) recorded in March.
However, the broader picture since the beginning of 2025 presents a more optimistic outlook. The report noted that over the first 77 trading days of the year, the cumulative liquidity in the market reached KD 8.722 billion (about $26.6 billion). The average daily trading value during this period stood at KD 113.3 million (around $346.6 million), marking a substantial increase of 98.4% compared to the same period in 2024, which had an average of KD 57.1 million (approximately U$174.7 million).
Despite this year-to-date improvement, the report highlighted a continued imbalance in liquidity distribution. It pointed out that half of the listed companies received only 3.3% of the total liquidity. Notably, 50 companies accounted for just 1% of total market trades, and two companies witnessed no trading activity at all during the reported period.
These figures underscore the persistence of concentration risk within Boursa Kuwait, with a large portion of trading activity being dominated by a limited number of stocks, while a significant number of companies remain under-traded or entirely inactive.
