Securities Commission: tangible development in the political process enhances the high Iraqi Stock Exchange

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Securities Commission: tangible development in the political process enhances the high Iraqi Stock Exchange

 

August 21, 2014 9:20Last Updated: August 21, 2014 9:20Source: Direct

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The head of the Securities Commission d. Abdul Razzaq al-Saadi said the Iraqi Stock Exchange witnessed a significant recovery represents the high indices of trading to more than 100 points after he witnessed the movement of stocks contraction with the beginnings of the events of Mosul, pointing out that this guide recovery and the reality of trading attributing the cause to optimism experienced by the country in light of the strikes painful for terrorism and achieve tangible progress in the process Alssayash.oocef Saadi case of variation in the value of shares traded within the Iraqi market for securities rise and fall the state of health which indicate ranges of movement Alaguetsad.oukal in an interview (morning) that the contraction experienced by the movement of stocks at the beginning of the events of the city Mosul and lasted briefly, followed by a rise in the standard figures for circulation to more than 100 points, and this is evidence of the recovery of the reality of trading, as witnessed last week trading to achieve record numbers exceeded (859) billion dinars .bhsp morning newspaper

Value of shares

He noted that the administration of the local bourse expected a slight decline in the trading process, and this phenomenon of healthy and natural, in light of current data, indicating that the global stock markets are reflecting the cursor rapid movement of the economy, pointing out that all international companies follow the movement of stocks and is keen to make a profit and abundant to revalue its shares.

Trading Contracts

Turning to ways to the advancement of the movement of trading, saying that the conversion of public companies to contribution in addition to the inclusion of corporate mobile in the Iraqi market for securities does the movement of stocks and promote the movement of trading to significant levels lifted from trading contracts, and that it encourages the movement of domestic and foreign investment, stressing that this Can the stock market that have the biggest Shan on the economic level, regional and international levels, especially that of joint stock companies will rise in the coming period with the growth of the local economy.

Flexible investment

He pointed out that investing in the stock market is characterized by its flexibility, where the investor can move its shares from one sector to another in a short period by reading the personal reality of investment in various sectors, indicating that most investors are eagerly pursuing new companies listed on the Iraq Stock Exchange. 
Saadi continued to talk and address the issue of conversion of public sector companies to the private sector through privatization after studying the subject in all its aspects and stand on what to achieve economic feasibility of the country. Pointing to the existence of a large number of public sector companies and the functions of different and effective can be activated via the adoption of a new mechanism to be converted and gradually to the private sector, which has the capacity to rotate the wheel of production inside, and pointed to the existence of selectors in front of so ideas must cooperate concerned authorities to remove them in the forefront of disguised unemployment experienced.

Sovereign fund

He continued, saying that the formation of a sovereign fund must find a place within the roadmap ahead for the development of the local economy, pointing out that this fund helps to provide effective solutions for the advancement of infrastructure projects needed by the country, especially that all Iraqi cities need to strategic projects raises the level of services in the country.

Investment trends

He said he is optimistic the future of the Iraqi economy in light of substantial international support to Iraq and the visions of the new government to adopt a strategy promotes the Iraqi economy .oakhtaatm Saadi his speech by saying: that the body is seriously committed to providing the best investment environment in the Iraqi market for securities contribute to attracting investors in a detailed stocks. It also reveals that the body and in a transparent manner for the mechanics of trading daily and weekly and quarterly to investors in order to draw investment orientations under the available data.                                    http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=auto&tl=en&u=http://www.mubasher.info/ISX/news/2586445/%25D9%2587%25D9%258A%25D8%25A6%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25A3%25D9%2588%25D8%25B1%25D8%25A7%25D9%2582-%25D8%25A7%25D9%2584%25D9%2585%25D8%25A7%25D9%2584%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B7%25D9%2588%25D8%25B1-%25D8%25A7%25D9%2584%25D9%2585%25D9%2584%25D9%2585%25D9%2588%25D8%25B3-%25D9%2581%25D9%258A-%25D8%25A7%25D9%2584%25D8%25B9%25D9%2585%25D9%2584%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B3%25D9%258A%25D8%25A7%25D8%25B3%25D9%258A%25D8%25A9-%25D9%258A%25D8%25B9%25D8%25B2%25D8%25B2-%25D8%25A7%25D8%25B1%25D8%25AA%25D9%2581%25D8%25A7%25D8%25B9-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2588%25D8%25B1%25D8%25B5%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%25D9%258A%25D8%25A9

 

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