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Trading Cycle in Kuwait Stock Exchange:
1 - Open an account at the Kuwait Clearing Company (KCC).
2 - A Copy of the civil identification, the name of the
bank the client deals with (3 K.D for individuals, 5 K.D
for corporate).
3 - Choose one of the registered Brokerage Firms in KSE.
4 - When issuing a selling order, share certificates should
be presented the following day after the transaction.
5 - When issuing a buying order, payment should be submitted
to the broker the following day before 11:00 am if the client’s
balance with KCC is insufficient.
6 - Commission is calculated 1.250 K.D for each one Thousand
K.D, commission is calculated 1 K.D for each one Thousand
K.D for transaction of Fifty Thousand K.D and above.
7 - A cheque will be issued by KCC in favor of the client
every Sunday and Wednesday.
8 - KSE account is accredited 500 fils for each executed
transaction.
9 - Share prices can fluctuate 5 pricing units daily according
to its category.
Value Unit
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Max Daily Change (5 Units)
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Unit Change (Fils)
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Stock Price (Fils)
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80,000
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5x0.5 = 2.5 Fils
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0.5
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50 : 0.5
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40,000
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5x1 = 5 Fils
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1
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100 : 51
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20,000
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5x2 = 10 Fils
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2
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250 : 102
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10,000
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5x5 = 25 Fils
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5
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500 : 255
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5,000
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5x10 = 50 Fils
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10
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1,000 : 510
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2,500
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5x20 = 100 Fils
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20
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2,520 : 1,020
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1,000
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5x20 = 100 Fils
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20
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5,000 : 2,520
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500
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50X5 = 250 Fils
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50
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9,950 : 5,050
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Note:
The One Kuwaiti Dinar is equivalent to 1,000 fils. The price& share are not
permitted to increase or to decrease more than 5 units per day.
Example:
A share with a value of 300 fils cannot increase more than 325 fils or decrease
less than 275 fils daily during its daily trading.
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