How to Invest in Boursa Kuwait

1. Open an account at the Kuwait Clearing Company (KCC).
2. A copy of the civil identification, a copy of the ATM card, and 3 K.D. for individuals, 5 K.D. for corporates.
3. Choose one of the registered Brokerage Firms at Boursa Kuwait.
4. When issuing a selling order, the broker shall present the shares’ certificate to KCC before 11:00 am of the following day.
5. When issuing a buying order, payment shall be submitted to the broker the following day before 11:00 am if the client’s balance with KCC is insufficient.
6. Cheques are issued by KCC in favor of the clients every Sunday and Wednesday.
7. Share prices cannot fluctuate more than 5 pricing units daily according to the share’s category.

Stock Price (Fils)
Unit Change (Fils)
Max Daily Change (5 Units)
From 1 to 50
0.5
5x0.5 = 2.5 Fils
From 51 to 100
1
5x1 = 5 Fils
From 102 to 250
2
5x2 = 10 Fils
From 255 to 500
5
5x5 = 25 Fils
From 510 to 1,000
10
5x10 = 50 Fils
From 1,020 to 2,500
20
5x20 = 100 Fils
From 2,520 to 5,000
20
5x20 = 100 Fils
From 5,050 to 9.900
50
50X5 = 250 Fils


Note:
The One Kuwaiti Dinar is equivalent to 1,000 fils.

Example:
A share with a value of 300 fils cannot increase more than 325 fils or decrease below 275 fils during its daily trading.





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