Kuwait: 63 Securities Companies Hold Assets Worth KD 5 Billion

The assets of 63 companies licensed by the Capital Markets Authority (licensed persons excluding banks) reached approximately 5.045 billion dinars by the end of the first half of 2026, an increase of 60.66 million, representing growth of 1.2 percent, compared to 4.985 billion in December of the previous year, when there were 65 companies.

According to data from the Capital Markets Authority, traditional companies held the largest share of assets, amounting to 3.581 billion, or 71 percent, while Islamic companies’ assets totaled approximately 1.463 billion, accounting for 29 percent.

Capital Markets Authority data indicated that non-current assets constituted the largest share by the end of June, totaling 2.735 billion, or 54.2 percent of the total, a decrease of 2.5 million, or 0.1 percent, compared to December 2025. Meanwhile, current assets reached 2.31 billion, accounting for 45.7 percent, an increase of 63 million, or 2.8 percent.

Financial assets measured at fair value topped the list of major non-current asset items at 777.94 million, despite a decline of 7.8 percent. This was followed by investments in associates at 730.01 million, up 5.8 percent, and then investment properties at 509.04 million, down 4.1 percent.

Regarding current assets, financial assets measured at fair value through profit or loss led at 993.6 million, up 4 percent. These were followed by cash and cash equivalents at 413.25 million, up 0.1 percent; time deposits at 339.1 million, up 5.3 percent; trade receivables at 260.88 million, down 3.7 percent; and current credit facilities at 130.1 million.

Shareholders’ equity of the licensed entities stood at 3.585 billion, a decrease of 88.6 million, or 2.4 percent, accounting for approximately 71 percent of total funding sources. Issued capital constituted the largest portion at 1.53 billion, while reserves accounted for 832.7 million. Retained earnings reached 772.22 million, and non-controlling interests totaled 358.06 million.

On the other hand, total liabilities amounted to 1.46 billion, comprising 790 million in current liabilities and 670.5 million in non-current liabilities. Liabilities saw an increase of 149.32 million, or 11.3 percent, since the end of 2025, affecting both categories; current liabilities rose by 81.9 million, or 11.5 percent, and non-current liabilities by 67.4 million, or 11.1 percent. Loans represented the most prominent item in liabilities, totaling approximately 1.04 billion in both current and non-current forms.

Total revenues of the licensed entities reached 310.22 million in the first half, a decline of 397.33 million, or 56.1 percent, compared to the same period in 2025.

Fee and commission revenues led revenue sources at 148.63 million, accounting for 47.9 percent of the total. Financing revenues came in second at 26 million, and dividend revenues totaled 35.896 million. The sector recorded net losses from the revaluation of its financial assets measured at fair value amounting to 34.95 million.

Total expenses for the first half reached 168.33 million, a decrease of 135 million, or 44.5 percent. Employee and salary expenses accounted for the largest share at 70.2 million, or 41.7 percent of the total, while general and administrative expenses amounted to 37.8 million. Depreciation and amortization expenses totaled 13.34 million.

On another note, weekly stock market trading concluded with gains of approximately 504 million dinars, bringing the market capitalization to 53.269 billion, compared to approximately 52.765 billion at the close of last Thursday’s session.

Stock market indices rose collectively, with the main index gaining 76.11 points, or 0.86 percent, while the First Market index rose by 63.01 points, or 0.68 percent. The Main Market index increased by 156.2 points, or 1.7 percent, and the Main 50 index climbed by approximately 233.95 points, or 2.2 percent.

The stock market had achieved most of its weekly gains during last Sunday’s session, which coincided with the release of the semi-annual review of the FTSE Russell indices, recording an increase of 448 million dinars.