I was browsing through Flickr when I stumbled upon these intriguing photos of the Kuwait stock market in action.
Pictured Above: A night snapshot of the Kuwait Stock Exchange. Pretty cool, eh?
This floor is where all the action takes place according to our guide, he told us this is where you can find people dancing or people fainting. He told us last week there were ambulances lined up outside the stock exchange building because when the stocks went down badly so did a lot of people. (Source: Kuwait Stock Exchange on Flickr)
Pictured above: a stock trader watches his portfolio, and streams live stock quotes to his labtop. I hope he made some money!
Update: You'll notice 3 portraits in the top left section of the pictures. These men are: Prince Sheikh Saad, the late Sheikh Jaber, and Amir of Kuwait.
When was the Kuwait Stock Exchange Founded?
The State of Kuwait founded the Kuwait stock market exchange (or KSE for short) in 1962.
Kuwait Stock Market Sectors
The KSE is divided into 10 sectors:
- real estate
- mutual funds
- parallel market
If you're interested in investing in the Kuwait stock market exchange, visit the KSE trading info page. In order to conduct accurate valuations, you need to convert Kuwaiti dinar (KWD), the Kuwait national currency, into US dollars.
Here's the conversion ratio:
1 Kuwaiti Dinar (KWD) = 3.44045 US Dollar (USD)
Tarik Pierce is the founder of InvestorTrip.com and regularly contributes articles to this website.
While living overseas, he uses PureVPN for a low cost VPN service.
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While his background is mostly related to trading stocks, he recently gained interest in real estate crowdfunding with Fundrise.