Boursa breaks historic barrier: Market capitalization surpasses 50 bln dinars for first time
The Kuwait Stock Exchange continued its upward momentum, buoyed by regional calm following the end of the 12-day conflict between Iran and Israel. The de-escalation eased investor anxiety, allowing market participants to shift their focus toward building positions in the Premier Market and engaging in selective trading on the Main Market.
Despite some variation in individual indicators, the session closed with continued gains in market capitalization, extending last week’s positive trend.
The exchange added 867 million dinars in value, marking a 1.75 percent increase and pushing total market capitalization to a historic high of 50.42 billion dinars — up from 49.56 billion dinars on Wednesday, reports Al-Rai daily.
This milestone marks the first time the market has surpassed the 50 billion dinars threshold. Since the beginning of the year, the exchange has recorded cumulative gains exceeding 6.85 billion dinars.
Market liquidity also surged during the session, climbing 35.5 percent to reach 162.68 million dinars, up from 120 million dinars the day before. A total of 759.14 million shares changed hands amid strong buying interest, particularly in blue-chip stocks.
Notably, 63 percent of the day’s liquidity was concentrated in leading shares, boosting their combined market value by 867 million dinars, or 2.11 percent, to reach 42.11 billion dinars.
Financial analysts attributed the sustained market rally to investor confidence in Kuwait’s economic resilience, despite ongoing regional and global uncertainties. They noted that the Kuwaiti stock index has emerged as the Gulf’s top performer in 2025, supported by both internal and external factors.
On the domestic front, government efforts to stimulate the economy have bolstered sentiment, while external stability has helped mitigate volatility.
Although oil prices have recently declined due to expectations of increased OPEC+ supplies and easing geopolitical tensions, analysts remain unconcerned. Crude remains above both pre-crisis levels and Kuwait’s budgeted benchmark of $68 per barrel.
Market observers also pointed to strong liquidity across various stocks, with recent daily trading volumes averaging 125 million dinars, reflecting increased investor participation.
Looking ahead, optimism is being fueled by the anticipated release of first-half corporate earnings, as well as the solid operational performance of listed companies. Several firms are reportedly receiving acquisition offers for key assets, both domestically and abroad—further enhancing market sentiment.
