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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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==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|accessdate=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 [[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>


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/> The KSE is also among the first and largest stock exchanges in the [[Persian Gulf]] region.{{cn|date=July 2019}}

Revision as of 06:40, 15 January 2021

State of Kuwait
Boursa Kuwait
بورصة الكويت
File:Boursa Kuwait.jpg
Agency overview
JurisdictionKuwait
HeadquartersKuwait City Kuwait
29°22′40″N 47°58′33″E / 29.37778°N 47.97583°E / 29.37778; 47.97583
Agency executive
  • Hamed Al Saif, Director General
Websitewww.boursakuwait.com.kw

Boursa Kuwait, formerly the Kuwait Stock Exchange (KSE), is the national stock market of Kuwait.

History

Kuwait Stock Exchange

Although several share holding companies (such as 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.[1][2]

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.[1] The KSE is also among the first and largest stock exchanges in the Persian Gulf region.[citation needed]

Its name changed to Boursa Kuwait in 2016.[citation needed]

Boursa Kuwait is a member of the Federation of Euro-Asian Stock Exchanges.[citation needed]

See also

References

  1. ^ 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.
  2. ^ Kuwait Banking & Financial Market Handbook. Int'l Business Publications. 7 February 2007. p. 65. ISBN 978-1-4330-2831-1. Retrieved 10 September 2014.

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