Investing in the Kuwait Stock Exchange

Kuwait stock exchange market is pretty restricted for expatriates.i tried searching for info online and what i found out was that
The non-Kuwaiti investor shall be permitted to own and to trade in bank share. He will be conditioned to attain the approval of the Central Bank of Kuwait if this investor wishes to own more than 5% of the capital of any bank. This applies to any individual or group of investors connected by juristic or economic means either by mutual ownership or by consolidated management or by joint interest will be considered as a single investor entity. It is prohibited for non-Kuwaiti investors to exceed the ownership of 49% in the capital of any individual bank, except after attaining a preceding approval from the Council of Ministers, and after consulting of the Central Bank of Kuwait.

source

http://www.kuwaitse.com/PORTAL/KSE/Mini … ution.aspx

question: do you understand the 5% & 49%?

i'm talking about investment, you are talking about co-ownership, minority shareholder with 5% and majority stakeholder with 49%.

we're swimming in different pools

well you got it wrong.49% is still a minority interest in the ownership.unless it is 51% which is the majority of it.

no Ace, you have it wrong.

if you own 49% of a company, that is a majority stake for any "individual", so ofcourse there will be heavy regulation, you are still missing the point.

to own 49% of a company can you imagine how much liquidity you have to cough up? we are talking in the region of millions of KD, that is not investment, that is ownership.

as a 49% interest holder, you can shape the decisions taken by the company, hence the regulation.

i hope this is clear now.

again, what i am referring to is investment, not for the sake of take over.

ok, for Individual. i get it now.

what im saying is, as an expat in kuwait, you can buy stock "normally" on the stock exchange, but if you are doing as a company or an entity, then you need more papers etc.

im basically trying to tell people that, instead of putting all their life savings in banks, take a bit of that, whatever you do not mind losing, say 500~1000KD, and buy shares with it. I can tell you how to do that, easily, no hassles.

any age limits or anything like basic requirements to acquire shares necessary.

Civil ID required, you just go to the KSE building in kuwait city opposite the grand mosque, go to the first floor, in the corner theres a registration room, 3.5KD copy of civil ID and they give you a number. you take this number and register with a brokerage, preferably one that allows you to buy and sell online, (i.e. United Securities Brokerage Co.) you give them your number, fill out a sheet and take it to your bank, give theme amount of money you want to put in your account, and ur done.

great.i got to go rite now ,will write here later.

hey
from my side is much better if u invest ur money in Forex market
   is faster and good to make money ...  but one thing ...forex is not gambling is a 100% trade strategy ...  u need to learn many things about how to read charts and movement ...

  im using it for many years and im enjoying the way i make money very good result with it ...

do explain more eesa

eesa which broker are you using.

Hi Legacy, How about mutual fund or UITF in kuwait?

I do some investing through my bank... about $60K USD just to play and learn...

But, I HIGHLY recomend not getting into any stock or bond with today's eco climate. And it should be stressed very much, as Legacy said, DO NOT PUT IN ANYTHING YOU CANNOT OFFORD TO LOOSE!!!

Now, the younger you are, the more risk you can take, because you have the rest of your "working" life to make it up. But take all of this with a grain of salt... I'm no expert either.

Legacy, just what exactly do you invest in and why? If you don't mind my asking a very personal question?

Kuwait Stock exchange, just for the fact of telling people im in the stock market its a good conversation piece, especially when ur always the youngest guy on the workforce "S

its not personal at all sorry for the delay in response, was off in Italy on Audit

Recently I have purchased some shares in NATIONAL RANGES COMPANY K.S.C.C. (MAYADEEN) and when I put for sale, the order is rejecting. I can see that no movement in that stock. What will happend to my cash?? Can you please advice me.

legacy - you are into which profile of finance? area of focus?? i am talking about your current job??

internal audit - shipping. finance is a pass-time for fun

me too.. in finance/costing

Hi Legacy
Is it possible to buy or sell index itself NOT INDIVIDUAL SHARES  without civil ID if I give cash to broker still waiting for civil ID

BEST WISHES
RAUL

nope, it is not possible.

what do u think about investing in gold? its at 1385 now, do u think it will go up again to 1700?

it will go up.its best to buy it but need to watch the market before doing so as it might take another dip.

Interested in KSE Trading.

anyone here is trading regularly and can share information?

Thanks guys, This is very useful info.

I trade, not regularly but i know the ropes.

Legacy, would you mind sharing info about good long term investment stocks?

define what type of info you are looking for

I mean can you name good long term investment stocks in Kuwait and expected return on them.

you can check kuwaitse.com and get that data for the stocks yourself - I'm not an investment analyst i cant recommend stocks for you to invest in.

Stock Exchange is more of a gamble and risk and its very volatile.You have to be constantly behind it day and night..If its a bear markret...you will be a dead beat carrying this excess baggage waiting for the moment to sell.Tonnes of patience is required.. and you need to trust the brokerage you invest your money in

hi there im a beginner, and im very interested and would love to know more about investing in the stock market here in kuwait but i don't know how to start.. it would be of great help if you could share me your ideas infos and some important points about it..  thank you.. -rue

If you want some real advice do not touch the local markets for stock investments use mature markets such as UK/US/EUR it's all a gamble but at least do it in a market that has mature governance practices and proper regulations not one were most deals are done off the books. Also from one of the previous posts on this topic due to the nature of these markets you may find yourself holding shares you cannot sell! Next point don't listen to people posting garbage like gold will go up but maybe it'll go down first, gold will go up and down all the time unless you're talking to some who is an investment manager or fund manager and they specialise in commodities you may as well just go and put your money a horse race!

i think the best investment is in ourselves - as in professional certifications. like a dear friend of mine said earlier in this post, who is likely long gone from Kuwait (SCG FTW!!), investing in the market at a young age is a good strategy wen it is money you can afford to lose. right now i have probably made back 20% of my initial investment, more if you consider bonus shares (not just cash dividends).

if you really want to put your money in something, buy gold bullion - like the weighted coins and stuff at gold shops, they retain value.

Hlw everybody
I am very to glad to see all the post its really helpfull. am a very begineer and I want to invest money and looking to start with very small amount of money.I don't have any idea how to start it and don't even HV enough idea about stock market if anybody could help me or guide me how I should start it wud b very kind.

I want to know abot buy shares in kuwait

Do the broker do the trading or they will give you access so that personally you can do the trading or investing?