- Total operating revenues reached KD 23.39 million, with operating profit at KD 17.11 million and earnings per share at 68.42 fils
- Bader Al-Kharafi: Boursa Kuwait was one of the best performers in the region, and the recovery in second quarter earnings underscores the resilience of our business model in the face of challenges, while our strategy continues to deliver on the transformation towards a multi-asset market with the launch of the fixed-income platform and the introduction of exchange-traded funds (ETFs)
- Mohammad Al-Osaimi: The All-Share Total Return Index posted growth despite market volatility, as total trading value reached KD 9.82 billion. Institutional investors accounted for 70.08% of market activity, while international investors represented 18.79% of the total value traded
Kuwait City, August 2, 2026: Boursa Kuwait Securities Company held its Board of Directors meeting on Thursday, 30 July 2026, and announced its financial results for the six months ended 30 June 2026, recording a net profit of KD 13.74 million.
The company achieved total operating revenues of KD 23.39 million for the six months ended 30 June 2026, while operating profit for the period stood at KD 17.11 million. Meanwhile, earnings per share stood at 68.42 fils for the period ended 30 June 2026.
In addition, the company’s financial position was reflected as its total assets grew to approximately KD 127.68 million while shareholders’ equity (attributable to the parent company) stood at KD 67.51 million as of 30 June 2026.
Resilient performance and a diversifying revenue base
“Boursa Kuwait entered 2026 against a backdrop of serious regional geopolitical tensions that have persisted through the first half of the year and into the current period. Despite the pressures that weighed on first-quarter performance, including the precautionary suspension of trading in early March to protect the market and its participants, the company demonstrated a strong capacity to adapt and to regain growth momentum during the second quarter, as both operating revenues and net profit returned to growth compared with the corresponding period of 2025,” said Chairman Mr. Bader Nasser Al-Kharafi.
This financial performance underscores the momentum in the company’s recovery, with the year-on-year net profit decline narrowing from 24.59% in the first quarter to 9.09% in the first half, reflecting an improvement in quarterly performance and a return to growth in the second-quarter results.
“These results indicate that Boursa Kuwait was one of the top performers in the region, affirming the strength and resilience of our business model in navigating economic and regional developments. This performance rests on the diversification of revenue sources and on operational and financial discipline in cost management, which has contributed to enhancing operational efficiency and supporting the sustainability of performance,” he added.
Al-Kharafi stressed that Boursa Kuwait continues to manage its business with a disciplined approach, while remaining committed to further developing the Kuwaiti capital market, protecting investor interests and strengthening its role as a fundamental pillar in supporting the national economy and achieving Kuwait’s development objectives.
Market development and the transition to a multi-asset financial market
Mr. Bader Nasser Al-Kharafi emphasized that regional crises and volatility have not deterred Boursa Kuwait from continuing to implement its ambitious strategy to develop the market’s structural infrastructure and expand its investment options, with the first half witnessing significant milestones in the Market Development (MD) Program.
“The launch of the bonds and sukuk trading platform in April and the listing of exchange-traded funds (ETFs) in June represent a strategic step in the development of the Kuwaiti capital market, reinforcing Boursa Kuwait’s transition from a market focused primarily on equities to a multi-asset financial market, which helps broaden investment options for a wider base of investors and opens new avenues of financing for companies and financial institutions,” he said.
The launch of the fixed income platform and the listing of exchange-traded funds completed the second part of Phase Three of the Market Development Program (MD 3.2), which also included the implementation of the Central Counterparty (CCP) framework and the upgrade of brokerage firms to Qualified Broker status.
The Boursa Kuwait Chairman concluded his statement with a note of thanks, saying, “On behalf of the Board of Directors, I extend my sincere thanks to our shareholders for their continued confidence, and to the executive management and the company’s employees for their dedication and commitment. I also thank the Capital Markets Authority and the capital market apparatus for their ongoing cooperation and continued support, and our investors and market participants for their trust.”
Al-Kharafi also affirmed Boursa Kuwait’s continued commitment to developing a more efficient and transparent financial market that serves the national economy.
Alongside the financial results, Boursa Kuwait continued to enhance the market’s operational efficiency and to implement its strategic priorities during the first half of 2026, which was reflected in market performance, trading stability and the sustained flow of institutional and international investment.
The Kuwaiti capital market demonstrates its resilience and operational efficiency
Overcoming the impact of regional geopolitical tensions and oil price volatility that weighed on investor sentiment, the Kuwaiti capital market demonstrated a strong ability to maintain stability and operational efficiency during the first half of 2026.
The market emerged as one of the most resilient in the region, ranking third among GCC capital markets in terms of All-Share Total Return Index performance, behind Muscat and Saudi Tadawul. It was also one of only three Gulf markets to deliver a positive return during the first half of the year, with the index posting growth of 0.2%, while several regional markets posted negative returns.
Total return reflects the total value delivered to shareholders through both share price appreciation and sustainable cash dividends.
These indicators are particularly significant given the heightened regional uncertainty and the challenges posed by disruptions to trade flows and supply chains. They underscore the strength of listed companies’ financial positions, the efficiency of the capital market ecosystem across its operational, regulatory and legislative components and its ability to sustain market activity even under the most challenging conditions.
“The Kuwaiti capital market’s 0.2% return on the All-Share Total Return Index, together with its ranking as the third best-performing market in the GCC, demonstrates the resilience of its operational and regulatory framework in navigating geopolitical shocks,” said Boursa Kuwait Chief Executive Officer Mr. Mohammad Saud Al-Osaimi
“This performance sends a clear message of confidence to the investment community, reflecting the financial strength of our listed companies and their steadfast commitment to delivering sustainable value and tangible cash returns to shareholders. It further reinforces Boursa Kuwait’s position as a resilient and trusted investment destination, well equipped to preserve and grow capital amid regional challenges,” he added.
Stable trading activity and liquidity
The Kuwaiti capital market maintained stable liquidity and orderly trading throughout the first half of the year, supported by continued enhancements to operational infrastructure, which helped mitigate the impact of regional challenges on trading activity and ensured the efficient flow of liquidity.
- Total value traded: KD 9.82 billion
- Average Daily Trading Value (ADTV): KD 84.64 million
- Total market capitalization: Approximately KD 52.16 billion
“The total value of shares traded during the first half reached approximately KD 9.82 billion, with an average daily trading value of KD 84.64 million,” said Al-Osaimi. “These indicators reflect the continuity of market activity and the efficiency of its operational infrastructure despite a complex regional environment. Boursa Kuwait is committed to strengthening market liquidity and deepening its sustainability to support the long-term efficiency and resilience of the Kuwaiti capital market.”
A diversified investor base and a stronger market structure
Boursa Kuwait continued to strengthen the market’s structure and diversify its investor base during the first half of 2026, attracting high-quality listings to the “Premier” Market and further enhancing the Kuwaiti capital market’s investment environment. These efforts contributed to maintaining market balance and sustaining trading activity despite regional challenges.
- Trading activity by investor type: Institutional investors accounted for the largest share of total market activity at 70.08%, while retail investors represented 29.92%
- Trading activity by geography: International investors, including GCC nationals, accounted for 18.79% of the total value traded, compared to 81.21% for local investors
“Institutional investors accounted for 70.08% of total market activity during the first half of the year, while international investors represented 18.79% of the total value traded. Together, these figures highlight the resilience of institutional participation and the continued diversity of the market’s investor base despite regional volatility,” stated Al-Osaimi.
“They also reflect the continued success of Boursa Kuwait’s efforts to foster a transparent investment environment supported by high-quality disclosures, strengthening price discovery and reinforcing investor confidence across all market segments,” he added.
Sustainable operational readiness and international investment engagement
Boursa Kuwait’s Chief Executive Officer emphasized that business continuity and the resilience of the exchange’s technological infrastructure were instrumental in maintaining orderly market operations and safeguarding investor interests during the period of heightened geopolitical tensions.
The company maintained full operational readiness throughout this period, supported by robust risk management frameworks and stress testing aligned with international best practices, ensuring uninterrupted trading and the continued protection of market participants under exceptional circumstances.
As part of its strategy to promote the Kuwaiti capital market and attract international investment, Boursa Kuwait continued to strengthen its engagement through:
- Global investor interaction: The exchange solidified its presence within the international investment community, participating in the Fifth HSBC GCC Exchanges Conference and organizing its 17th Corporate Day in London, which brought together representatives of listed companies and leading global financial institutions.
- Advancing corporate sustainability: Boursa Kuwait published its fifth standalone Sustainability Report, highlighting the progress achieved in 2025 in implementing Environmental, Social and Governance (ESG) standards in line with international best practices and its commitment to creating long-term sustainable value. The exchange also released the updated edition of its ESG Reporting Guide, which guides listed companies on how to improve disclosure quality, strengthen transparency and further embed sustainability practices across the Kuwaiti capital market.
Institutional commitment
Boursa Kuwait believes that sustainable capital markets are built on a strong foundation of trust, transparency and efficiency, and that continuous development is essential to meeting the evolving expectations of investors and the demands of global markets.
The exchange continues to work closely with the Capital Markets Authority (CMA), Kuwait Clearing Company (KCC) and all stakeholders across the capital market apparatus to enhance market efficiency and depth while further strengthening its operational and technological infrastructure in line with international best practices.
Boursa Kuwait also remains focused on advancing initiatives that enhance the Kuwaiti capital market’s competitiveness and reinforce its appeal to local and international investors. Through these efforts, the exchange continues to support Kuwait’s ambitious goal of becoming a leading regional financial and investment hub, in line with the objectives of Kuwait Vision 2035.
