Kuwait-Listed Bank Stocks Deliver Mixed Performance in May 2026

According to the latest “First Bank” report tracking the performance of banking stocks listed on the Kuwait Stock Exchange during May 2026, banking shares posted mixed results, with declining stocks outnumbering gainers throughout the month.

At the sector level, only one bank stock recorded gains, while shares of seven banks declined and one stock remained unchanged, highlighting the continued divergence in performance across Kuwait’s banking sector despite varying trends among individual lenders.

Gulf Bank topped the list of gainers, rising 3.24% to close at KWD 350 fils at the end of May. It was followed by Commercial Bank of Kuwait, which maintained a stable performance and closed unchanged at KWD 486 fils.

Among the decliners, Al Ahli Bank of Kuwait (ABK) ranked third as the least affected stock, edging down 0.72% to close at KWD 277 fils by month-end.

National Bank of Kuwait (NBK) followed with a decline of 1.05%, ending the month at KWD 851 fils, while Kuwait Finance House (KFH) fell 1.27% to close at KWD 780 fils.

Kuwait International Bank (KIB) ranked sixth, recording a 1.84% decline to close at KWD 267 fils. It was followed by Burgan Bank, whose shares dropped 2.49% to end the month at KWD 196 fils.

Meanwhile, Boubyan Bank posted a decline of 3.53%, closing at KWD 655 fils, while Warba Bank recorded the steepest loss among Kuwait’s listed banks, falling 4.47% to close at KWD 278 fils at the end of May.

The results underscore the uneven performance within Kuwait’s banking sector during the month, with selling pressure weighing on the majority of banking stocks despite gains recorded by Gulf Bank.