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Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement


yota691
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Claims to raise the share price to activate the stock market

   
 

 
 


17/12/2017 12:00 AM 

BAGHDAD / Mustafa al 
- Hashemi after the announcement of victory on the "Dahesh" terrorist The next phase requires directing efforts to promote the economic sector and direct and indirect investments, as well as expanding confidence and increase the volume of trading in the Iraqi market for securities, whether domestic investors or  foreigners. 
 The low share price and the modest profits distributed by companies to shareholders is one of the main reasons for the increase in the volume of trading at the local level, while the number of foreign investors (remote) in the rise of stable and slow requires - as observers - to reconsider the prices of shares offered for trading, Article (13) of the Securities Regulations No. 74 of 2004 stipulates that "the price of sale and purchase orders shall be raised or reduced by (50) fils or multiples."
In this regard, economic researcher Lubna al-Shammari said, "There are companies trading in the stock market rates are still so far less than one dinar, while there are companies whose prices are four dinars," explaining that "this price is very modest, especially when the distribution of profits where Some new traders are placing high hopes on profits, but they are balking at the amount of trading due to the low stock price and market value. " 
Al-Shammari called in an interview with Sabah to the need to review the rates of stock prices, which would increase the number of traders to strengthen the work of the stock market to reach the level of ambition, stressing that the increase in the share price will contribute to the final result attracting the largest number of investors, whether local or Foreigners ".
"The supply of shares is much greater than what is required," said Mahmud Munther, a consultant at the stock exchange. He said it was the result of an increase in bank capital to 250 billion dinars, reflecting the negative impact on stock prices. 
"The subscription is now the best investment because it is the content of profit and low risk." 
Despite the campaign launched by the Iraqi market for securities about 5 years ago to identify the shares and companies traded and call to trade in the sale and purchase, most citizens still have difficulty in understanding the mechanism followed by the stock market, in addition to the role of financial intermediaries in explaining to them and guide them and advised them to do the sale or purchase .
The reason for the fall in the popularity of the stock market is that the purchase of fixed assets is much better than investing in the sale and purchase of shares in the stock exchange, as a result of the weakness of the culture of trading securities and shares of companies in the stock market.
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  • yota691 changed the title to Iraqi Stock Exchange announces the end of trading 2017 and the beginning of 2018 transactions

Iraqi Stock Exchange announces the end of trading 2017 and the beginning of 2018 transactions

Iraqi Stock Exchange announces the end of trading 2017 and the beginning of 2018 transactions
The sessions will be held between December 26 and January 1
 
 19 December 2017 03:36 PM

Direct : The Iraqi Stock Exchange on Tuesday, the last trading sessions for the year 2017 will be held on Monday 25 th December, to be the first trading sessions of the 2018 on the second Tuesday of January attitudes.

The general index of the stock exchange ended Tuesday up 0.1%, supported by the rise of shares of 11 companies, headed by: the Islamic Bank of the country, the production and marketing of meat, Bank of Babylon, the Islamic Bank, and Baghdad Iraq for public transport.

Trading volume jumped 14.92 billion shares at KD 11.86 billion. The Development Bank accounted for 93.8% of the volume and 94.4%  of liquidity.

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Thanks Yota...This was very good news this morning....The ISX ending on a positive note...the acknowledgement that prices are too low and the exchange closing for a week, until 2018...Things are lining up good for the 'Home-Team'...If there is an increase in prices...imo, these prices would have to increase before the exchange reopen in 2018...But then again.....Iraq never seems to take my leads as advise...

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Thanks for all the recent updates Yota, and continued efforts to keep all of us informed and up to date. Happy Holidays to you and everyone else here on DV.

 

It seems like a good time to become familiar with how to purchase shares on the Iraqi stock market -  so, if you or anyone else can inform me of the correct process it would be gratefully appreciated. I have a Warka account that's just 'sitting there'., and I'd like to put it to use.

Thanks again- 

presence

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http://economy-news.net/conten.....p?id=10246

The stock exchange will set its next trading date next Monday


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20th December, 2017

The Iraqi market for securities, next Monday's date for the last session this year, while trading in today's meeting more than 2 million shares and the value exceeded the seven hundred million dinars.

"The last trading session for 2017 will be on Monday, 25 December of this year, while the first trading session for 2018 will be on Tuesday, January 2," said Taha Ahmed Abdel Salam, the market's executive director.

"The market recorded today's trading volume of 295,371,811 shares, worth 767,863,668 dinars, where the index closed prices ISX 60 in today's session (575.21) points, down by (0.24) from the close of the previous session of (576.6) ) Point".

"The market traded shares of (36) companies out of (101) listed companies in the market, while the number of companies suspended by a decision of the Securities Commission for failure to comply with financial disclosure instructions (23) companies, and the number of shares purchased from non-Iraqi investors (37,375) million shares valued at (99,920) million dinars through the implementation of (39) deal on the shares of two companies.

He added that "the number of shares sold by non-Iraqi investors amounted to (10) million shares valued at (6,200) million dinars through the implementation of (3) deal on the shares of one company."

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Compared to last year .. 74% of the increase in the value of shares of the Iraqi stock market

 

 Since 2017-12-25 at 16:09 (Baghdad time)

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Baghdad - Mawazine News

The Executive Director of the Iraqi Stock Exchange, Taha Ahmed Abdul Salam, on Monday, the increase in value and the number of shares traded for the current year by 74% compared to last year.

"The Iraqi market for securities, organized on Monday, 25 December 2017, the last trading sessions in securities for 2017 and concluded trading with high indicators regarding the number and value of shares traded."

He explained that the number of meetings during the year 2017 amounted to (239) trading session in securities at the rate of five sessions per week, while the number of shares traded for the current year (1,215) trillion shares, an increase of (17%) compared with 2016, (900) billion dinars, an increase of (74%) compared to 2016.

He added that "the number of contracts executed during the current year amounted to (95806) contract, while the number of listed shares (11) trillion shares, and the market value was (10,721) trillion dinars, and the number of listed companies (101)."

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  • yota691 changed the title to The stock market opens its first trading in 2018 trading more than 200 million shares
Editorial Date: 2018/1/2 15:01 • 26 times read
The stock market opens its first trading in 2018 trading more than 200 million shares
(Baghdad: Al Furat News) The index opened the Iraqi Stock Exchange for the first day of this year trading more than 200 million shares worth more than one hundred million dinars. 

The Executive Director of the market Taha Ahmed Abdel Salam said in a press statement that "the Iraqi market securities opened on Tuesday, the first meetings of 2018, indicating that the number of shares traded in today's session amounted to 297,221,041 shares, valued at 197,260,345 dinars. 

The price index ISX 60 closed in today's session at 577.84 points, down 0.47 from the close of the previous session of 580.54 points, while the shares of 25 companies out of 101 companies listed on the market, the number of companies suspended by a decision of the Securities Commission For failure to comply with financial disclosure instructions 23 companies.

Abdul Salam said that the number of shares purchased from non-Iraqi investors amounted to 1,855 million shares valued at 5,749 million dinars through the implementation of 9 deals on the shares of two companies, while the number of shares sold by non-Iraqi investors 25 million shares worth 15,250 million dinars through the implementation of 12 A deal on the shares of one company.

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  • yota691 changed the title to The stock exchange decided to suspend trading on the shares of the Middle East Bank
 
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Middle East Bank logo
  
 

Economy News Baghdad:

 

The Middle East Bank will hold a meeting of the General Assembly to discuss the final accounts for 2016 and the distribution of profits during the coming week, the stock exchange announced on Thursday, indicating that it decided to stop trading on the bank's shares as of today's meeting.

 

"The Middle East Bank will hold a meeting of the General Authority at the headquarters of the General Directorate of the bank to discuss the final accounts for the year 2016 and the distribution of profits to the shareholders in the bank," the stock exchange said in a press statement.

 

"The members of the General Assembly discussed during the meeting the reduction of the number of members of the Board of Directors from nine members to five members," adding that "a new board of directors was elected from five original members and the same as a reserve."

 

The stock exchange decided to suspend trading from Thursday's session.

 

 

 

Views 25   Date Added 04/01/2018

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  • yota691 changed the title to The first week of 2018 records the trading of one billion shares of 42 companies
 

The index of the Iraqi market for securities, on Sunday, traded more than one billion shares with the participation of 42 companies, in the first week of 2018.
“The Iraqi market for securities organized during the week ending on the fourth of January, the first week of this year, three trading sessions in the regular market and two sessions in the second market where the number of companies listed on the market 101 stock companies , Of which 72 companies listed in the regular market and 29 listed companies in the second market.
Abdul Salam said that “the market traded during the meetings last week 42 companies distributed by 38 companies in the systemic market and 4 companies in the second market, to the number of companies suspended from trading because of their commitment to provide annual and quarterly disclosure of the Authority and the market 22 companies.
“The number of shares traded last week reached 1,386,866,157 shares, while the value of shares traded 1,159,592,429 dinars, and the number of transactions executed 918 transactions, closing the ISX 60 index last session of last week at 572.89 points.”
“The number of shares purchased by non-Iraqi investors last week reached 261 million shares, at a value of 191 million dinars through the implementation of 92 deals on the shares of 7 companies, and the number of shares sold Of non-Iraqi investors last week, reaching 276 million shares valued at 168 million dinars through the implementation of 61 transactions on the shares of 2 companies.
It is noteworthy that the Iraqi market for securities used electronic trading systems and central deposit since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions weekly from Sunday to Thursday, and included 101 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels .

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  • yota691 changed the title to The Iraqi Stock Exchange strengthens its rise and "Bank of Baghdad" grabs 20% of liquidity

The Iraqi Stock Exchange strengthens its rise and "Bank of Baghdad" grabs 20% of liquidity

The Iraqi Stock Exchange strengthens its rise and "Bank of Baghdad" grabs 20% of liquidity
The general index rose 0.2% at the end of trading
 
 25 January 2018 02:15 PM

Mubasher : The index of the Iraqi Stock Exchange rose for the third session in a row, ending the trading Thursday, the end of the week, up 0.2%, and winning 1.15 points, closing at the level of 567.52, compared to the closing level yesterday.

The rise in the index led to a rise in the shares of 7 companies, followed by meat production and marketing (9.92%), engineering (5.56%), Bank of Babylon (3.7%), domestic (2.22%) and Asiacell Communications (2.19%).

On the other hand, the shares of 11 companies fell, led by Gulf Bank 2.94%, and Mosul for gaming cities 2.44%, the Islamic Bank 2.08%, Baghdad hotels 1.81%, and Ashur 1.43%.

The volume of traded volume decreased by 611.96 million shares worth KD 434.74 million, against 1.29 billion shares worth KD 876.41 million in the previous session.

The Bank of Baghdad was the volume and value traded, with 146.25 million shares traded, valued at KD 87.75 million, accounting for 24% of volume and 20% of liquidity.

The number of shares purchased by foreign investors 171.41 million shares, worth 89.11 million dinars, through the implementation of 46 transactions on the shares of 5 companies .

While the number of shares sold by foreign investors 75 million shares, worth about 45 million dinars, through the implementation of 14 transactions on the shares of one company.

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  • yota691 changed the title to The dollar fluctuates against the dinar on the Iraqi stock exchanges
 

The exchange rate of the dollar, on Saturday, fluctuated between the rise and fall against the dinar on the Iraqi stock exchanges.
The price of selling the dollar in the Kifah Exchange in Baghdad today was 123,800 dinars and the purchase price 123,750 dinars compared to 100 dollars, while yesterday recorded 123 thousand and 750 dinars and the purchase price 123 thousand and 700 dinars to 100 dollars.
On the Basra Stock Exchange, the selling price today was 123,850 dinars, the purchase price 123 thousand and 800 dinars compared to 100 dollars, and yesterday was 123 thousand and 950 dinars, the purchase price 123 thousand and 900 dinars compared to $ 100.
While the price of selling the dollar on the Arbil Stock Exchange today 123 thousand and 950 dinars, the purchase price 123 thousand and 900 dinars compared to $ 100, while yesterday recorded 123 thousand and 950 dinars, and the purchase price 123 thousand and 900 dinars compared to $ 100.

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  • yota691 changed the title to The dollar fluctuates against the dinar on the Iraqi stock exchanges
  • yota691 changed the title to Kuwait conference leads the Iraqi stock market to rise
 
%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%84%D9%84%D8%A7%D9%88%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9.jpg?fit=1280%2C720
 

The general index of the Iraqi bourse rose from its rise for the second session in a row, closing Wednesday, up 0.6%, at the level of 631.99, winning 3.79 points, because of the positive results obtained by Iraq at the Kuwait conference.
The performance of the index was followed by a rise of 15 shares, by Asia Telecom 9.93%, Industrial Crescent 6.67%, Mosul for Game Cities 6.62% and Northern and Consolidated Bankers by 4.76% and 4.55% respectively.
On the other hand, 3 shares, led by meat production and marketing, fell by 6.14%, followed by Gulf Bank by 2.86%, followed by chemicals and plastics by 1.67%.
The day’s trading volume and value jumped, through 2.08 billion shares, worth 3.09 billion dinars, compared with 1.28 billion shares, worth 1.206 billion dinars in Tuesday’s session.
The Bank of Baghdad continued to top the list of activity volume for the second session in a row, trading 583.96 million shares, while the Babylon Hotel shares liquidity, worth 1.52 billion shares, controlling 49% of the liquidity of the market today.
The number of shares purchased by foreign investors reached 285.01 million shares, worth KD 388.82 million, through 118 transactions on 6 companies.
While the number of shares sold by foreign investors 155 million shares, worth 108.5 million dinars, through the implementation of 78 transactions on the shares of one company.

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$ 243.8 billion trading volume for 12 Arab markets

   
 

 
 


15/2/2018 12:00 am 

 BAGHDAD / Mustafa al-Hashemi 
revealed the annual report for 2017, which is one of the periodic reports of the Securities Commission in Iraq, the volume of trading for 12 Arab markets during the year 2017 amounted to $ 243.8 billion compared to the volume of trading for 2016 amounted to 355.5 billion dollars registered A decline of 31.41 percent. 
"The Saudi stock market ranks first in terms of volume compared to other countries, accounting for 67.97 percent of total market turnover," the report said.
The report added that "the Damascus Stock Exchange witnessed a rise in volume of trading last year by 169.8%," pointing out that "the most bourses declined in trading last year was the Beirut Stock Exchange, the Saudi stock market, the Dubai Financial Market was the decline rates 53.33% 41.26 The market value of 12 Arab markets during the year 2017 amounted to $ 917.4 billion compared to the market value of 2016 amounted to 988.3 billion dollars, a decline of 7.18 percent. "He said that" the Saudi stock market Ranked first in the market value compared to While the market value was $ 433.8 billion and 47.3 percent of the total Arab markets. "The activities of three Arab markets were Damascus Securities Market, Dubai Securities Market and Palestine Securities Exchange, with an increase of 164.1 percent.
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  • yota691 changed the title to The dollar exchange rate falls on Iraqi stock exchanges and markets
 

Foreign exchange markets in Baghdad, on Wednesday morning, a significant decline in the exchange rate of the dollar against the Iraqi dinar.
The market price in the Kifah Exchange in Baghdad was 1220 dinars per dollar, or 122 thousand dinars for one hundred dollars.
The prices of selling and buying dollars in banking companies were:
The selling price of the dollar is 1225 dinars, or 122 thousand and 500 dinars, for one hundred dollars.
And the purchase price of the dollar is 1215 dinars, or 121 thousand and 500 dinars, for one hundred dollars.
Foreign Exchange Rates:
Euro World Price: 100 Euro = 123.23 USD
GBP World Price: 100 Bounds = $ 139.85
Turkish Lira World Price: $ 100 = TRY 379.15.

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  • yota691 changed the title to Iraq's index closed higher amid declining liquidity

Iraq's index closed higher amid declining liquidity

Iraq's index closed higher amid declining liquidity
The general index rose 0.32% by the end of trading
 
 25 February 2018 02:07 PM

The index of the Iraqi Stock Exchange ended the first session of the week, up by 0.32%, at 643.11 points, winning 2.06 points, compared to Thursday's session .

Al-Mansour climbed 3.14%, Babil Hotel gained 2.54%, Al-Mansour Bank gained 2.15%, and the Canadian Vaccine Production Company gained 1.94%.

The shares of 5 companies, led by Ashur Hotel by 5.34%, Crescent Industrial by 3.03%, and the Gulf Bank and Baghdad by 2.86% and 1.39%, respectively, and the city of games Karkh by 0.67%.

Trading volume dropped to 1.59 billion shares from 6.99 billion shares in the previous session.

Gulf Bank was the most heavily traded stock, trading 1.05 billion shares.

The number of shares purchased by foreign investors 113.27 million shares, worth 466.97 million dinars, through the implementation of 99 transactions on the shares of 8 companies.

While the number of shares sold by foreign investors 29.21 million shares, worth 169.85 million dinars, through the implementation of 14 transactions on the shares of 5 companies.

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  • yota691 changed the title to The Iraqi Stock Exchange achieves progress in the volume and value of traded shares
 
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 Market


Economy News _ Baghdad

The Iraqi market for securities progress in the volume and value of shares traded during the past week through the circulation of 51 companies in the two markets and the second.

In a statement received by "Economy News", the market's executive director Taha Ahmed Abdul Salam said that during the week ending March 15, the Iraqi Stock Exchange organized five trading sessions in the regular market and in the second market where 102 companies listed on the market, (54) listed companies in the regular market and (48) listed companies in the second market and traded during the meetings last week shares (44) companies in the regular market and (7) companies in the second market

"The number of shares traded for last week reached (20,331) billion shares compared to (9,865) billion shares for the week before which it rose by (106.09%) while the value of shares traded last week (11,881) billion dinars compared to (6,872) For the week before it rose by (72.88%). "

"The number of transactions executed last week reached (3895) transactions compared to (3315) transactions for the week before. The ISX 60 index closed last week at (637.14) points, up by (0.19%) from the close of the week before when it closed At (635.94) points. "

The shares bought by non-Iraqi investors last week amounted to (712) million shares, up by (260%) compared to the week before, at a value of (923) million dinars through the implementation of (318) deal on the shares of (12) 92%. The number of shares sold by non-Iraqi investors last week reached 318 million shares, down by 39%, amounting to JD 282 million through 131 transactions on 8 companies. This was 45% higher.


Views 37   Date Added 18/03/2018

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  • yota691 changed the title to The bourse was disrupted for two days on the occasion of the Spring Festival and Norse
 
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Stock Exchange «Economy News»
  

 Market


Economy News - Baghdad

The Iraqi Stock Exchange, whose business was closed on Wednesday and Thursday, on the occasion of the Spring Festival.

Iraqis celebrate these days with the spring and Kurdish New Year (Nowruz) holidays.

The general index of the Iraqi Stock Exchange, trading on Tuesday, down 0.08%, at 638.77, losing 0.49 points.

The last of the Iraqi Stock Exchange holidays, Thursday, November 30 last, to commemorate the birth of the Prophet.


Views 40   Date Added 03/21/2018
 

 
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  • yota691 changed the title to The Iraqi Stock Exchange closed down in the midst of trading activity

The Iraqi Stock Exchange closed down in the midst of trading activity

The Iraqi Stock Exchange closed down in the midst of trading activity
Iraq index down 0.31% at the end of trading
 
 25 March 2018 03:09 PM

Mubasher: The general index of the Iraqi Stock Exchange, trading on Sunday, the first session of the week, down 0.31%, at 636.8 points, losing 1.97 points, compared to the closing level last Tuesday .

The bourse suspended its work on Wednesday and Thursday, on the occasion of the Spring Festival .

Followed by Al Ameen Real Estate (5.56%), Canadian Vaccines (4.02%), Bank of Babel (3.7%), Al-Mosul Bank and Al-Iraqiya for Dates Marketing (3.45%).

On the other hand, only 4 shares rose, with agricultural products accounting for 8%, Shambal Bank 5.26%, Ishtar Hotels 1.54% and Al Sadair Hotel 0.96%.

The volume of trading today, to 2.81 billion shares, compared to 2.57 billion shares on Tuesday, and increased liquidity to 1.57 billion dinars, compared to 1.55 billion dinars in the last session.

The trading volume, for the second consecutive session shares Gulf Commercial Bank, trading 1.22 billion shares, and kept the investment bank to the top of the list of liquidity for the third consecutive session, worth 466.5 million dinars.

The number of shares purchased by foreign investors amounted to 100.15 million shares, valued at 176.7 million dinars, through the implementation of 52 transactions on the shares of 7 companies.

While foreign investors sold 118.48 million shares, worth 64.25 million dinars, through the implementation of 32 transactions on the shares of 4 companies.

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  • yota691 changed the title to Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement
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