Boursa Kuwait: $15.6 billion in liquidity volume from the start of 2026 - Sarmad

The specialized economic report “Al-Shal” reported on Saturday that the volume of liquidity in the Kuwait Stock Exchange during the first nine months of the current year, comprising 181 trading days, reached approximately 15.6 billion Kuwaiti dinars.

The “Al-Shal Consultations” report stated that the average daily trading value for the period stood at around 86.5 million dinars, representing a decline of approximately 19.1 percent compared to the average daily trading value for the same period in 2025, which was around 106.9 million dinars. It also marked a 19.7 percent decrease compared to the 2025 annual average of approximately 107.6 million dinars.

The report clarified that the stock exchange’s performance in September was mixed compared to August. While the average daily trading value increased, all market indices posted negative performance. Specifically, the “First Market” index fell by approximately 1.3 percent, the “Main” index by 1.5 percent, the “General” index by 1.3 percent, and the “Main 50” index saw a sharper decline of 7.1 percent.

The report noted that stock exchange liquidity was higher in September than in August, reaching approximately 2.448 billion dinars compared to 1.777 billion dinars, an increase of 37.7 percent.

It added that the average daily trading value for September reached approximately 111.3 million dinars, reflecting a 31.5 percent rise over the August average of approximately 84.6 million dinars.

The report emphasized that liquidity trends since the beginning of the year indicate that half of the listed companies received only 8.1 percent of this liquidity. Among them, 50 companies accounted for just 3.3 percent, while two companies recorded no trading activity whatsoever.

Furthermore, 12 relatively small and liquid companies, whose market capitalization represents approximately 3.8 percent of the total value of listed companies, captured around 19.9 percent of the stock exchange’s liquidity. This means their share of liquidity was approximately 5.3 times their contribution to market capitalization.

The report stated, “This indicates that significant liquidity activity continues to exclude about half of the listed companies, while strongly favoring companies with minimal market capitalization.”

It pointed out that the First Market received approximately 1.2 billion dinars, or 51.1 percent of the stock exchange’s liquidity. Within this market, about half of its companies accounted for 76.6 percent of its liquidity, or 39.1 percent of the total stock exchange liquidity, while the other half received the remainder, approximately 23.4 percent of its liquidity.

The report added that the Main Market received approximately 1.1 billion dinars, or 48.9 percent of the stock exchange’s liquidity. Within this segment, 20 percent of its companies captured 72.1 percent of its liquidity, while the remaining 80 percent of its companies received only 27.9 percent. This indicates that the level of liquidity concentration in the Main Market is also high.

It highlighted that the Main Market’s share of total stock exchange trading value during the first nine months of the current year amounted to approximately 36.1 percent.

The report concluded its analysis of the stock exchange’s performance by comparing liquidity distribution between the First and Main Markets. It observed a decline in the Main Market’s share of total liquidity for the period so far in 2026 compared to the same period in 2025. In 2025, the First Market’s share was 56.7 percent, leaving approximately 43.3 percent for the Main Market’s liquidity.