Kuwait Stock Exchange rebounds with 438 million dinars gains on Monday

The Kuwait Stock Exchange (KSE) reversed the downward trend that had affected its performance in recent sessions, recording collective gains during Monday’s trading amid anticipation of regional developments.

Both the First and Main markets saw improved performance, led by leading and medium-weight operational stocks.

The market’s total gains reached 438 million dinars, most of which were in the Premier Market. The Main Market posted the largest rise in its indices at 1.7 percent, while the First Market increased by 0.8 percent.

The General Index closed up by 73 points, the First Market by 72 points, the Main by 92.5 points, and the Main 50 index gained 143 points.

The surge in activity extended beyond Kuwait, with several Gulf markets also witnessing increased portfolio and fund interest in operational stocks, particularly those expected to deliver attractive dividends.

Analysts noted that the upward momentum could continue if the market maintains confidence in its structural and operational stability.

Several listed companies have recently renewed or obtained new credit facilities, encouraged by the anticipated continuation of reduced interest rates, which supports ongoing projects and investment expansion.

Other indicators of confidence include disclosures of speculative agreements and deals, highlighting strong backing for long-term operational investments.

The growth in earnings among listed companies and banks further reinforces the market’s stability, encouraging additional capital injection into operational stocks.

Economic reforms underway in Kuwait are also contributing to the robust performance of local entities. Additionally, international institutions and funds have increased their stakes in Kuwaiti banks and companies, injecting fresh liquidity and signaling growing foreign interest in the market.

Market observers also noted a shift in speculation culture. Investors are increasingly adopting a structured approach to share accumulation, focusing on projected profits, planned projects, and financial restructuring rather than pursuing abrupt, high-price jumps.

The availability of liquidity across multiple sources supports these strategies, allowing both large and small investors to participate cautiously and strategically.