Boursa Kuwait ended the week on a mixed note, with the Premier Market and Main Market indices declining while the All Share Index recorded no change. Regional GCC markets closed mostly lower, with Qatar the sole exception posting a positive return. On the commodities front, oil prices edged up to USD 84 per barrel, while gold extended its decline, touching a new low for the period.
Intelligence
InvestGB Money Market Funds Performance Overview – June 2026
InvestGB’s monthly review of Kuwait’s money market fund landscape covers 16 funds (9 KWD, 7 USD) with total assets under management of KD 1.85 billion as of 30 June 2026. On an annualized basis, KFH Capital KD led the KWD funds with a 3.90% June return (3.92% YTD), while Boubyan USD topped the USD funds at 3.98% for June (4.02% YTD).
Money Market Funds Performance Overview – May 2026
16 funds tracked (9 KWD, 7 USD) with total AUM of KD 1.84B.
KWD Funds: KFH Capital led at 3.90% (May) / 3.92% (YTD). Al Hilal Islamic trailed at 2.68% / 2.53%. Lulwa KD came in at 3.78% / 3.79%.
USD Funds: Boubyan USD topped at 3.98% (May) / 4.03% (YTD). Lulwa USD at 3.90% / 3.91%. Watani Islamic USD was lowest at 3.53% / 3.62%.
Kuwait Money Market Funds Initiation & Performance Report
Kuwait’s money market fund industry hit KD 1.86 billion across 15 funds as of April 2026, up 29% year-on-year. Top performers include KFH Capital KD (3.93% annualized) and Boubyan USD (4.04% YTD), with six new funds launched in the past two years signaling continued market growth.
Global Markets Rally as Risk Appetite Returns Amid Diverging Commodity Trends
Global markets rebounded strongly this week, led by gains in US and Asian equities, reflecting improved investor risk appetite. Meanwhile, gold continued to rise as a safe-haven asset, while oil prices declined amid concerns over slowing global growth. Emerging markets also posted solid gains, with Turkey and Egypt among the top performers.
Mixed Kuwait Markets as Global Equities Surge and Oil Rallies
Kuwait markets were mixed, with the Main Market gaining and turning positive YTD, while the All Share remained slightly negative. Globally, equities rallied strongly led by the Nasdaq and Nikkei, as oil surged sharply, boosting its year-to-date gains.
Kuwait Gains Momentum as Oil Drops, Oman Outperforms with Strong Rally
Kuwaiti indices gained momentum, with the Premier Market up 5.60% MTD, bringing the All Share Index near breakeven YTD. Brent crude fell 23.63% to $99.39, while gold rose 5.69%. Oman’s Muscat SM index outperformed, surging 42.10% YTD to a decade high.
Global Markets Rally as Volatility Drops, While Kuwait Sees Uneven Recovery
Kuwait’s market showed a moderate rebound (+1.61% WTD) but remains down year-to-date (-2.99%), signaling an uneven recovery. Globally, equities gained strong momentum, led by the Nasdaq (+4.68%) and Japan’s Nikkei (+7.15%). Meanwhile, volatility eased significantly, with the VIX falling -19.44%, indicating improved investor confidence despite mixed regional trends.