Kuwait Stock Exchange September gains
A specialized economic report revealed that the Kuwait Stock Exchange (KSE) recorded the highest gains among Gulf markets and the third-highest relative increase in liquidity during the first nine months of 2025.
According to a report by Al-Shall Consulting released today, the total liquidity across the seven Gulf stock exchanges fell from $528.6 billion in the first nine months of 2024 to $468.4 billion during the same period in 2025, marking a decline of approximately 11.4%. Most of this drop was due to a decrease in liquidity in the Saudi market, while the Qatari market saw a minor decline. In contrast, the other five stock exchanges experienced an increase in liquidity.
The Muscat Stock Exchange recorded the highest relative liquidity growth at about 204.8%, with its index posting the second-highest regional gains of approximately 13.22%. Bahrain Bourse followed with a 93.3% relative increase in liquidity, although its index fell by around 1.9% compared to the end of 2024.
The Kuwait Stock Exchange achieved the third-highest relative liquidity growth at roughly 89.7%, while its index rose the most in the region, by approximately 19.5%. Dubai Financial Market ranked fourth with an 83.2% increase in liquidity and gains of about 13.20% in its index. The Abu Dhabi Securities Exchange recorded the lowest relative liquidity increase, at 17.2%, with its index rising by 6.3% compared to end-2024.
On the other hand, Saudi market liquidity dropped by about 31%, resulting in the region’s largest index loss of 4.4%. The Qatar Stock Exchange also saw a decline in liquidity (-2.5%), with its index achieving the region’s lowest gains at around 4.6%.
Overall, five Gulf markets moved in line with their liquidity trends, while two markets deviated from their liquidity direction.
