Kuwait Boosts Stock Market Development for Enhanced Transparency and Investor Appeal
Kuwait's Ministry of Commerce and Industry has prioritized the development of the country's stock market today. The next phase aims to bolster transparency, enhance governance, and improve the investor experience, as part of a national effort to increase market depth, efficiency, and attractiveness to investors.
The Kuwait Stock Exchange has served as a crucial platform for financing national projects and private sector growth. Market capitalization has expanded by nearly 30 percent over the past two years, reflecting the market's growth and significance. The Capital Markets Authority (CMA) has spearheaded regulatory and technical reforms to boost transparency and governance.
Foreign investor trading has surged, rising by about 27 percent in 2024 compared to 2023. Trading liquidity has also seen a significant increase, surging by more than 85 percent since 2023. To further advance the market's performance and strengthen its infrastructure, a joint implementation plan is being developed.
The Ministry of Commerce and Industry is coordinating with various partners to enhance the competitiveness of the Kuwaiti stock market today. Their efforts focus on modernizing market infrastructure, promoting transparency, and attracting foreign investment. With the next phase set to bolster transparency, governance, and the investor experience, the Kuwaiti stock market is poised for further growth and success.