Kuwait's Stock Market Surges 30% as Modernization Push Begins
Kuwait's Ministry of Commerce and Industry is actively working with key entities to modernize and regulate the local stock market today. This comes as market capitalization has grown by nearly 30 percent over the past two years.
The next phase of development will focus on bolstering transparency, enhancing governance, and improving the investor experience. Foreign investor trading has already seen a significant increase, rising by about 27 percent in 2024 compared to the previous year. The ultimate goal is to increase market depth, efficiency, and attractiveness to investors.
The Kuwait Stock Exchange, established as the first regulated stock market in the Gulf region, has seen a surge in trading liquidity, with over 85 percent growth since 2023. This progress is supported by the Capital Markets Authority's (CMA) leadership in regulatory and technical reforms, aligning Kuwait's market with international standards. The CMA, along with the Boursa Kuwait, Kuwait Clearing Company, and the Ministry of Commerce and Industry, are working together to advance the market's performance and strengthen its infrastructure through a joint implementation plan.
The modernization and regulation of Kuwait's stock market today is a national priority. With market capitalization expanding and trading liquidity surging, the country is committed to enhancing its market's depth, efficiency, and attractiveness to both local and foreign investors.
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