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Coordinates: 29°22′40″N 47°58′33″E / 29.37778°N 47.97583°E / 29.37778; 47.97583
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{{Infobox Government agency
{{Infobox Government agency
|agency_name = <small>State of Kuwait</small> <br> Boursa Kuwait
| agency_name = Boursa Kuwait Securities Co.
|nativename = بورصة الكويت
| nativename = بورصة الكويت
|nativename_a =
| nativename_a =
|nativename_r =
| nativename_r =
|logo = Boursa Kuwait.jpg
| logo = Boursa Kuwait logo.svg
|logo_caption =
| logo_caption =
|jurisdiction = [[Kuwait]]
| jurisdiction = {{flag|Kuwait}}
|headquarters = [[Kuwait City]] {{flagicon|Kuwait}}
| headquarters = [[Kuwait City]]
|coordinates = {{Coord|29|22|40|N|47|58|33|E|display=title}}
| coordinates = {{Coord|29|22|40|N|47|58|33|E|display=title}}
|chief1_name = Hamed Al Saif
| chief2_name =
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| chief2_position =
|chief1_position = Director General
|chief2_name =
| chief3_name =
⚫
| chief3_position =
⚫
|chief2_position =
|chief3_name =
| parent_agency =
⚫
| child1_agency =
⚫
|chief3_position =
|parent_agency =
| child2_agency =
⚫
| website = {{URL|https://www.boursakuwait.com.kw/}}
⚫
|child1_agency =
|child2_agency =
⚫
|website = {{url |https://www.boursakuwait.com.kw/}}
}}
}}


'''Boursa Kuwait''', formerly the '''Kuwait Stock Exchange''' (KSE), is the national [[stock market]] of [[Kuwait]].
'''Boursa Kuwait Securities Co.''', is the [[private-sector]] corporate owner and operator of the '''Kuwait Stock Exchange''' (KSE), the national [[stock market]] of [[Kuwait]].<ref>{{cite web |title=About Boursa Kuwait |url=https://www.boursakuwait.com.kw/en/history |website=boursakuwait.com.kw |access-date=30 October 2022}}</ref>


==History==
==History==
[[File:Kuwait Stock Exchange.jpg|thumb|Kuwait Stock Exchange]]
[[File:Kuwait Stock Exchange.jpg|thumb|Kuwait Stock Exchange]]
Although several share holding companies (such as [[National Bank of Kuwait|NBK]] in 1952) existed in Kuwait prior to the creation of the Kuwait Stock Exchange, it was not until October 1962 that a law was passed to organize the country's stock market. In April 1977, the stock exchange was initiated and it was named as the Kuwait Stock Exchange (KSE) in 1983.<ref name=afe1>{{cite journal |author2=David Chappell|title=Modelling the day-of-the-week effect in the Kuwait Stock Exchange: a nonlinear GARCH representation|journal=Applied Financial Economics|year=2001|volume=11|issue=4|pages=353|author=Nabeel Al Loughani|doi=10.1080/096031001300313910}}</ref><ref>{{cite book|title=Kuwait Banking & Financial Market Handbook|url=https://books.google.com/books?id=2ODOpdHyAIkC&pg=PA65|access-date=10 September 2014|date=7 February 2007|publisher=Int'l Business Publications|isbn=978-1-4330-2831-1|page=65}}</ref>
Although several share holding companies (such as the [[National Bank of Kuwait]] in 1952) existed in Kuwait prior to the creation of the Kuwait Stock Exchange, it was not until October 1962 that a law was passed to organize the country's stock market. In April 1977, the stock exchange was initiated, and it was named as the Kuwait Stock Exchange (KSE) in 1983.<ref name=afe1>{{cite journal |author2=David Chappell|title=Modelling the day-of-the-week effect in the Kuwait Stock Exchange: a nonlinear GARCH representation|journal=Applied Financial Economics|year=2001|volume=11|issue=4|pages=353|author=Nabeel Al Loughani|doi=10.1080/096031001300313910}}</ref><ref>{{cite book|title=Kuwait Banking & Financial Market Handbook|date=7 February 2007|publisher=Int'l Business Publications|isbn=978-1-4330-2831-1|page=65}}</ref>


The stock market in Kuwait is regulated by four bodies: the KSE, the [[Ministry of Commerce and Industry (Kuwait)|Ministry of Commerce and Industry]], the [[Ministry of Finance (Kuwait)|Ministry of Finance]] and the [[Central Bank of Kuwait]].<ref name=afe1/> The KSE is also among the first and largest stock exchanges in the [[Persian Gulf]] region.{{cn|date=July 2019}}
The stock market in Kuwait is regulated by four bodies: the KSE, the [[Ministry of Commerce and Industry (Kuwait)|Ministry of Commerce and Industry]], the [[Ministry of Finance (Kuwait)|Ministry of Finance]] and the [[Central Bank of Kuwait]].<ref name=afe1/>


On April 24, 2016, the Kuwait Stock Exchange became fully operated by a private company and its name changed to Boursa Kuwait, making it the only stock exchange in the Middle East owned by the private sector.<ref>{{Cite web|date=2018-12-03|title=Kuwait bourse attracts attention with upgrades aiming to transform capital markets|url=https://oxfordbusinessgroup.com/overview/reforms-under-way-bourse-attracting-attention-array-upgrades|access-date=2021-10-15|website=Oxford Business Group|language=en}}</ref><ref>{{Cite web|date=2016-04-25|title=Boursa Kuwait takes over KSE operations – The start of a new era for Kuwait's financial market|url=https://news.kuwaittimes.net/website/boursa-kuwait-takes-kse-operations-start-new-era-kuwaits-financial-market/|url-status=live|access-date=2021-10-15|website=[[Kuwait Times]]|language=en-US|archive-url=https://web.archive.org/web/20160426181742/http://news.kuwaittimes.net/website/boursa-kuwait-takes-kse-operations-start-new-era-kuwaits-financial-market/ |archive-date=2016-04-26 }}</ref><ref>{{Cite web|title=About Boursa Kuwait|url=https://www.boursakuwait.com.kw/en/history/|access-date=2021-10-15|website=Boursa Kuwait}}</ref>
Its name changed to Boursa Kuwait in 2016.{{cn|date=July 2019}}


On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait,<ref>{{cite web |title=BOURSA {{!}} Boursa Kuwait Securities Co. Stock Overview (Kuwait Stock Exchange) |url=https://www.barrons.com/market-data/stocks/boursa?countrycode=kw |website=Barron's |access-date=30 October 2022 |language=en}}</ref> becoming a self-listed exchange.<ref>{{Cite web|date=2020-09-07|title=بهذا التوقيت.. إدراج شركة بورصة الكويت بالسوق الأول|url=https://www.alarabiya.net/aswaq/companies/2020/09/07/%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA-%D8%A8%D9%87%D8%B0%D8%A7-%D8%A7%D9%84%D8%AA%D9%88%D9%82%D9%8A%D8%AA-%D8%A7%D8%AF%D8%B1%D8%A7%D8%AC-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA-%D8%A8%D8%A7%D9%84%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D9%84|access-date=2021-10-15|website=[[Alarabiya]]|language=ar}}</ref>
⚫
Boursa Kuwait is a member of the [[Federation of Euro-Asian Stock Exchanges]].{{cn|date=July 2019}}

⚫
Boursa Kuwait was a member of the [[Federation of Euro-Asian Stock Exchanges]].<ref>{{Cite web|url=https://feas.org/members-profiles/|title = FEAS MEMBERS}}</ref>


==See also==
==See also==
*[[Souk Al-Manakh stock market crash]]
*[[Economy of Kuwait]]
*[[Economy of Kuwait]]
*[[List of Mideast stock exchanges]]
*[[List of Mideast stock exchanges]]
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==External links==
==External links==
*[https://www.boursakuwait.com.kw/ Boursa Kuwait Official Website]
*[https://www.boursakuwait.com.kw/en Boursa Kuwait Official Website]
*[https://web.archive.org/web/20010922024642/http://kuwaitse.com/ Kuwait Stock Exchange previous website]
*[https://web.archive.org/web/20010922024642/http://kuwaitse.com/ Kuwait Stock Exchange former website]
*[https://web.archive.org/web/20070301211007/http://www.kuwaitse.com/companies/listcompanies.aspx Kuwait Stock Exchange website's List of Listed Companies]
*[https://www.boursakuwait.com.kw/en/participants/participants/listed-companies Boursa Kuwait Listed Companies]


{{Kuwait topics}}
{{Kuwait topics}}
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[[Category:Stock exchanges in Asia]]
[[Category:Stock exchanges in Asia]]
[[Category:Companies based in Kuwait City]]
[[Category:Companies based in Kuwait City]]
|}
|}

Latest revision as of 15:07, 1 December 2024

Boursa Kuwait Securities Co.
بورصة الكويت
Agency overview
Jurisdiction Kuwait
HeadquartersKuwait City
29°22′40″N 47°58′33″E / 29.37778°N 47.97583°E / 29.37778; 47.97583
Websitewww.boursakuwait.com.kw

Boursa Kuwait Securities Co., is the private-sector corporate owner and operator of the Kuwait Stock Exchange (KSE), the national stock market of Kuwait.[1]

History

[edit]
Kuwait Stock Exchange

Although several share holding companies (such as the National Bank of Kuwait in 1952) existed in Kuwait prior to the creation of the Kuwait Stock Exchange, it was not until October 1962 that a law was passed to organize the country's stock market. In April 1977, the stock exchange was initiated, and it was named as the Kuwait Stock Exchange (KSE) in 1983.[2][3]

The stock market in Kuwait is regulated by four bodies: the KSE, the Ministry of Commerce and Industry, the Ministry of Finance and the Central Bank of Kuwait.[2]

On April 24, 2016, the Kuwait Stock Exchange became fully operated by a private company and its name changed to Boursa Kuwait, making it the only stock exchange in the Middle East owned by the private sector.[4][5][6]

On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait,[7] becoming a self-listed exchange.[8]

Boursa Kuwait was a member of the Federation of Euro-Asian Stock Exchanges.[9]

See also

[edit]

References

[edit]
  1. ^ "About Boursa Kuwait". boursakuwait.com.kw. Retrieved 30 October 2022.
  2. ^ a b Nabeel Al Loughani; David Chappell (2001). "Modelling the day-of-the-week effect in the Kuwait Stock Exchange: a nonlinear GARCH representation". Applied Financial Economics. 11 (4): 353. doi:10.1080/096031001300313910.
  3. ^ Kuwait Banking & Financial Market Handbook. Int'l Business Publications. 7 February 2007. p. 65. ISBN 978-1-4330-2831-1.
  4. ^ "Kuwait bourse attracts attention with upgrades aiming to transform capital markets". Oxford Business Group. 2018-12-03. Retrieved 2021-10-15.
  5. ^ "Boursa Kuwait takes over KSE operations – The start of a new era for Kuwait's financial market". Kuwait Times. 2016-04-25. Archived from the original on 2016-04-26. Retrieved 2021-10-15.
  6. ^ "About Boursa Kuwait". Boursa Kuwait. Retrieved 2021-10-15.
  7. ^ "BOURSA | Boursa Kuwait Securities Co. Stock Overview (Kuwait Stock Exchange)". Barron's. Retrieved 30 October 2022.
  8. ^ "بهذا التوقيت.. إدراج شركة بورصة الكويت بالسوق الأول". Alarabiya (in Arabic). 2020-09-07. Retrieved 2021-10-15.
  9. ^ "FEAS MEMBERS".
[edit]
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