Narrative Update • Jul 26

Over the last 7 days, the market has remained flat, although notably the Information Technology sector gained 36% in that time. Similarly, the market is flat for the past 12 months. Earnings are forecast to grow by 13% annually.
Has the Kuwaiti Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 11 Aug 2026 | د.ك52.6b | د.ك15.2b | د.ك2.6b | 18.3x | 20.1x | 3.5x |
| Thu, 09 Jul 2026 | د.ك51.3b | د.ك15.1b | د.ك2.6b | 17.9x | 19.7x | 3.4x |
| Sat, 06 Jun 2026 | د.ك51.9b | د.ك15.1b | د.ك2.6b | 18x | 19.9x | 3.4x |
| Mon, 04 May 2026 | د.ك52.9b | د.ك15.1b | د.ك2.9b | 16.1x | 18.2x | 3.5x |
| Wed, 01 Apr 2026 | د.ك49.3b | د.ك14.9b | د.ك2.9b | 14.1x | 17x | 3.3x |
| Fri, 27 Feb 2026 | د.ك50.0b | د.ك16.4b | د.ك3.1b | 14.9x | 16.3x | 3.1x |
| Sun, 25 Jan 2026 | د.ك51.8b | د.ك16.4b | د.ك3.1b | 15.3x | 16.8x | 3.2x |
| Tue, 23 Dec 2025 | د.ك52.5b | د.ك16.5b | د.ك3.1b | 15.9x | 17x | 3.2x |
| Thu, 20 Nov 2025 | د.ك51.7b | د.ك16.2b | د.ك3.1b | 16.3x | 16.9x | 3.2x |
| Sat, 18 Oct 2025 | د.ك51.7b | د.ك16.3b | د.ك3.2b | 17.9x | 16.4x | 3.2x |
| Mon, 15 Sep 2025 | د.ك51.2b | د.ك16.3b | د.ك3.2b | 17.3x | 16.2x | 3.1x |
| Wed, 13 Aug 2025 | د.ك50.4b | د.ك16.3b | د.ك2.8b | 17.1x | 17.7x | 3.1x |
| Fri, 11 Jul 2025 | د.ك50.2b | د.ك16.2b | د.ك2.7b | 16.1x | 18.4x | 3.1x |
| Sun, 08 Jun 2025 | د.ك47.8b | د.ك16.3b | د.ك2.7b | 15.4x | 17.6x | 2.9x |
| Tue, 06 May 2025 | د.ك46.9b | د.ك16.2b | د.ك2.7b | 14.9x | 17.3x | 2.9x |
| Thu, 03 Apr 2025 | د.ك46.5b | د.ك16.2b | د.ك2.7b | 15.6x | 17.1x | 2.9x |
| Sat, 01 Mar 2025 | د.ك46.9b | د.ك16.0b | د.ك2.6b | 15.3x | 18.2x | 2.9x |
| Mon, 27 Jan 2025 | د.ك45.0b | د.ك15.9b | د.ك2.5b | 15x | 17.7x | 2.8x |
| Wed, 25 Dec 2024 | د.ك42.9b | د.ك15.9b | د.ك2.5b | 15x | 16.9x | 2.7x |
| Fri, 22 Nov 2024 | د.ك42.9b | د.ك16.1b | د.ك2.5b | 14.7x | 17x | 2.7x |
| Sun, 20 Oct 2024 | د.ك41.8b | د.ك15.9b | د.ك2.5b | 15.2x | 16.8x | 2.6x |
| Tue, 17 Sep 2024 | د.ك41.8b | د.ك15.9b | د.ك2.5b | 14.5x | 16.9x | 2.6x |
| Thu, 15 Aug 2024 | د.ك41.5b | د.ك15.8b | د.ك2.5b | 14.2x | 16.8x | 2.6x |
| Sat, 13 Jul 2024 | د.ك41.4b | د.ك15.5b | د.ك2.4b | 13.9x | 17x | 2.7x |
| Mon, 10 Jun 2024 | د.ك40.9b | د.ك15.4b | د.ك2.4b | 13.8x | 16.7x | 2.6x |
| Wed, 08 May 2024 | د.ك40.8b | د.ك15.2b | د.ك2.4b | 13.9x | 16.8x | 2.7x |
| Fri, 05 Apr 2024 | د.ك43.6b | د.ك15.1b | د.ك2.5b | 14.5x | 17.8x | 2.9x |
| Sun, 03 Mar 2024 | د.ك43.3b | د.ك14.9b | د.ك2.6b | 15.2x | 16.7x | 2.9x |
| Tue, 30 Jan 2024 | د.ك43.1b | د.ك15.4b | د.ك2.6b | 14.3x | 16.3x | 2.8x |
| Thu, 28 Dec 2023 | د.ك40.1b | د.ك15.3b | د.ك2.6b | 13.5x | 15.2x | 2.6x |
| Sat, 25 Nov 2023 | د.ك39.4b | د.ك15.3b | د.ك2.6b | 13.6x | 15.3x | 2.6x |
| Mon, 23 Oct 2023 | د.ك39.9b | د.ك15.1b | د.ك2.5b | 14x | 16.1x | 2.6x |
| Wed, 20 Sep 2023 | د.ك41.2b | د.ك14.8b | د.ك2.4b | 14.2x | 17.2x | 2.8x |
| Fri, 18 Aug 2023 | د.ك41.8b | د.ك14.9b | د.ك2.4b | 14.1x | 17.5x | 2.8x |
17.5x
Which sectors have driven the changes within the Kuwaiti Market?
| KW Market | 0.87% | |
| Tech | 35.99% | |
| Materials | 6.62% | |
| Consumer Staples | 4.82% | |
| Industrials | 1.86% | |
| Utilities | 1.39% | |
| Consumer Discretionary | 1.23% | |
| Financials | 0.73% | |
| Real Estate | 0.30% | |
| Healthcare | -0.26% | |
| Telecom | -0.27% | |
| Energy | -1.52% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| BPCC Boubyan Petrochemical Company K.S.C.P | د.ك0.69 | 10.8% +د.ك37.5m | 12.2% | PE14.5x | Materials | |
| GBK Gulf Bank K.S.C.P | د.ك0.36 | 1.7% +د.ك25.1m | 9.6% | PB1.8x | Financials | |
| ASC Automated Systems Company - KPSC | د.ك1.05 | 29.0% +د.ك23.6m | 425.0% | PS19.6x | Tech | |
| KCEM Kuwait Cement Company K.P.S.C | د.ك0.41 | 6.7% +د.ك18.5m | 12.5% | PE29.8x | Materials | |
| NIND National Industries Group Holding - KPSC | د.ك0.23 | 2.2% +د.ك15.3m | -4.1% | PE14x | Industrials |