The Kuwait Stock Exchange witnessed strong confidence from foreign investors in the favorable opportunities across all market sectors, evident in the purchasing trends that dominated their activity during 2024.
The purchasing tendency of foreigners for shares listed on the Kuwait Stock Exchange in 2024 was reflected in a significant increase in their net purchases, which rose to 222 million dinars compared to 74.8 million dinars in 2023, marking a 197% increase, according to official data from the Kuwait Clearing Company published on the Kuwait Stock Exchange website.
Importantly, foreigners’ buying activity on the Kuwait Stock Exchange was notably institutional, with foreign institutions recording a net purchase of 227.8 million dinars. In contrast, foreign individuals showed a selling tendency with a net sale of 4.9 million dinars, while investment funds registered a significant net sale of 473 million dinars, by the end of last year’s trading.
Foreign investors’ performance toward Kuwaiti stocks aligned with the Kuwait Stock Exchange’s positive trajectory in 2024. The market experienced notable growth across all levels, with market value gains exceeding 3.3 billion dinars.
The main market index surged by 24%, driven by significant momentum in medium and small stocks across various sectors, particularly real estate, industrial, and financial services. Additionally, the premier market index recorded a 4.8% rise by the end of the year.
Liquidity rates in the Kuwaiti stock market witnessed a significant increase in 2024 compared to 2023, with total liquidity reaching 14.9 billion dinars by year-end, up from 10.6 billion dinars in 2023. This rise was attributed to strong demand for various types of stocks and foreign inflows into the Kuwaiti Stock Exchange, amounting to 1.2 billion dinars, in line with periodic reviews of global indicators, as reported by “Al-Anba” on December 29.
Expectations suggest that the institutional buying trend of foreign investors in the Kuwait Stock Exchange will persist in 2025, driven by the strong financial results achieved by banks and companies during the first nine months of 2024, along with optimistic forecasts for the final results of the last fiscal year.
In addition, the Kuwait Stock Exchange concluded 2024 as the second-best-performing Gulf market, further enhancing its appeal to foreign capital.
“The Stock Exchange” welcomed 2025 with gains of 320 million dinars
The Kuwait Stock Exchange welcomed the new year with gains of nearly 320 million dinars in the first sessions, raising the total market value to 43.89 billion dinars, up from 43.57 billion dinars in the closing session of 2024, marking an increase of 0.7%.
The Stock Exchange ended the first session of 2025 with collective gains across all its indices. The Premier Market Index rose by 48.2 points, or 0.6%, reaching 7,887 points, while the Main Market Index increased by 84.6 points, or 1.2%, to reach 6,991 points. As a result, the General Index rose by 53.8 points, reaching 7,416 points, an increase of 0.7%.
Liquidity declined yesterday by 29%, totaling 46.2 million dinars, compared to 65.4 million dinars in last Tuesday’s session. The Premier Market accounted for 26.5 million dinars of the total liquidity, while the Main Market received 19.7 million dinars.