Boursa Kuwait halts trading to safeguard investors and market stability
The Kuwait Stock Exchange announced the suspension of trading sessions starting Sunday and until further notice, citing national responsibility and a commitment to safeguarding traders, investors, and employees amid the exceptional circumstances facing the country.
The decision follows a directive issued Saturday by the Board of Commissioners of the Capital Markets Authority.
Bader Nasser Al-Kharafi, Chairman of Boursa Kuwait Securities Company, affirmed that the security of Kuwait and the safety of its citizens and residents remain the highest priority, taking precedence over all other considerations.
He described the suspension of trading as a precautionary and responsible step taken in full coordination with the Capital Markets Authority and relevant state authorities to protect investors’ interests and preserve market fairness during the current situation, reports Al-Rai daily.
Al-Kharafi reassured local and international investors that the exchange’s technical and operational systems remain fully functional and unaffected by ongoing developments.
He stressed that business continuity plans are operating at maximum efficiency to safeguard data and financial assets, reflecting the strength and resilience of Kuwait’s capital market infrastructure and its ability to manage crises with professionalism.
He added that the exchange stands fully prepared to resume trading immediately once official directives are issued, reaffirming its role as a key pillar supporting the national economy. He also expressed hopes for Kuwait’s continued security and stability under its leadership and government.
For its part, the Kuwait Stock Exchange emphasized that the suspension is a temporary precautionary measure and that the primary aim is to protect investors and ensure market integrity while prioritizing public safety and financial system stability amid recent security developments.
The KSE confirmed that all technical systems and databases are operating normally, with investors’ funds and financial positions fully protected under established regulatory frameworks.
Emergency technical and operational teams remain on high alert, implementing business continuity plans to guarantee readiness for a swift return to trading once conditions stabilize.
