Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement

[10 YEARS LATER]

7 minutes ago, Botzwana said:

https://www.google.com/search?ei=rRYpW9KfGJGGsQXLk6LICA&q=when+does+eid+al+fitr+end&oq=when+does+eid+al++end&gs_l=psy-ab.1.2.0i7i30k1l6j0i8i30k1.15324.17946.0.20774.4.4.0.0.0.0.152.505.1j3.4.0....0...1c.1.64.psy-ab..0.4.500...0i8i7i30k1.0._Aw47R4Sgvw  It ended on the 15th though...aaanndddd nothing. 

 

. . . Sadly yes . . . Nothing. . . Ever so slowly then even slower than that to a crawl is what “ they does” 15 years aaaaand still counting. I’m gonna run out of fingers and toes to count with if they don’t stop screwing around. 

[King Bean]

4 hours ago, 10 YEARS LATER said:

I’m gonna run out of fingers and toes to count with, if they don’t stop screwing around.

 

Lucky for me, I planned for this. Plus the missus REEEEEALLY

                            loves those backrubs. 

       

[10 YEARS LATER]

30 minutes ago, King Bean said:

 

Lucky for me, I planned for this. Plus the missus REEEEEALLY

                            loves those backrubs. 

       

 

THATS the BEST PIC EVER !!!!!!!     Not sure why just yet: this pic makes me extremely queezy. In fact it makes my skin crawl. 

[yota691]

Today .. Iraq Stock Exchange resume its business after the holiday of Eid al-Fitr

20/6/2018 12:00 am  BAGHDAD / Al-Sabah   The Iraqi stock exchange, trading sessions, resumed on Wednesday after the end of Eid al-Fitr holiday. The Iraqi Stock Exchange, has identified on Wednesday, June 20, the first trading session after the holiday of Eid al-Fitr.  It is noteworthy that the Council of Ministers has granted state employees official leave until Tuesday, on the occasion of Eid al-Fitr. The General Secretariat of the Council of Ministers said that the working hours will be suspended on Sunday, Monday and Tuesday, and resume work, on Wednesday.

[King Bean]

Uh-ooooh. Someone caught in Iraq actually working??? It's about time. They've had more break time in the last month than I had in 30 years working. Come on Iraq, pull out all the stops and get this thing done.

                                    

[yota691]

The stock market falls in the first session after the holiday of Eid al-Fitr

 

Iraq Stock Exchange

Market Economy News Baghdad On Wednesday, the Stock Exchange recorded a decline of 0.69% at 588.1 points in its first session after the Eid holiday. The performance of the index fell 5 stocks, provided by the shares of Al-Mansour Bank 6.98%, followed by National Bank shares by 2.44%. On the other hand, 4 shares advanced, followed by chemical and plastic shares by 1.30%, followed by Karkh Games by 0.39%. The volume of trading today amounted to 742 million shares, worth KD 369 million. While the number of shares sold by foreign investors 242 million shares worth 139 million dinars with the implementation of 62 deals on the shares of two companies. The shares of Bank of Baghdad trading volume and value, trading 268 million shares, worth 118 million dinars. Views 117   Date Added 06/20/2018

[dinareffic]

Trade: Established 351 national companies and registered 11 branches of foreign company during last May



 

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2018/06/24 13:16

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(Encyclopedia of this day , news | News Iraq ) - Baghdad / Tomorrow Press: announced the registration of companies in the Ministry of Commerce Department, on Sunday, for the completion of the establishment of transactions (351) national company and registration (11) , a branch of a foreign company during the month of May Almadi.oukal General Manager Abdul Aziz Jabbar Abdul Aziz said in a statement received by "Al-Ghad Press" a copy of it, "The Chamber has issued several decisions concerning the amendment of corporate contracts were distributed between the increase of capital and the incorporation of the accounts of a company and liquidate the accounts of a company."

He added that "the company has also documented (375) registered companies and the recording of the records and the referral of (368) Iraqi companies to the judicial investigator for violating regulations and instructions." He continued that "the Department has studied the final accounts of the national companies (1679) national companies in addition to merge the accounts of 22 companies Increase the capital of (24) companies and liquidate the accounts of (6) companies and amend the contract (88) companies and study the accounts of the offices and branches of foreign companies to (61) companies and the marking of reservations and make sure the names of their money reserved for (296) and check the receipts of (4758) ) Revealed the companies in Baghdad and the provinces, "noting that" the ratification of the minutes of the meetings of constituent meetings Limited companies of (314) in addition to the ratification of the minutes (44) minutes of special meetings of the General Authority for joint stock companies as well as the ratification of the General Authority for companies people limited resolutions of (1028) decision. "



Note: The content entitled (Trade: Establishment of 351 national companies and the registration of 11 foreign company branches last May) was published first on Al-Ghad Press. The encyclopedia of this news day is not guaranteed in any way. 
You can find out the details of this address (Trade: Establish 351 national companies and register 11 foreign company branches last May) through its original source (Al-Ghad Press).


https://hathalyoum.net/articles/1585257-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%AA%D8%A3%D8%B3%D9%8A%D8%B3-351-%D8%B4%D8%B1%D9%83%D8%A9-%D9%88%D8%B7%D9%86%D9%8A%D8%A9-%D9%88%D8%AA%D8%B3%D8%AC%D9%8A%D9%84-11-%D9%81%D8%B1%D8%B9-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D8%AC%D9%86%D8%A8%D9%8A%D8%A9-

[ChuckFinley]

Thanks for the post. Yet we are waiting for a true value to the dinar.  

[ChuckFinley]

17 minutes ago, Botzwana said:

Hey CF,  do you think that is the last?  No more waiting on anything else?

My guess is that we have more to wait. Hoping by the end of the year. 

[Donziman]

I know there are many angles to the true value story. The Guru's have already

made their share of it. Even if the Dinar should be worth more than a tenth of

a penny it doesn't mean they will RV.  China has had under valued money used in

international trade and it has made them the number one retail co. in the USA.

[Carrello]

1 hour ago, Donziman said:

I know there are many angles to the true value story. The Guru's have already

made their share of it. Even if the Dinar should be worth more than a tenth of

a penny it doesn't mean they will RV.  China has had under valued money used in

international trade and it has made them the number one retail co. in the USA.

 

Donziman, the one difference I see straight away is that China due to the volume they produce keeps their currency value (but they have turned that around quite a bit in the past 2 years) low but can afford to subsidize companies for their exports. I believe the subsidized number is around 16%.  Iraq has no exports other than oil and can't afford to subsidize anything.

 

Just my thoughts....😎

[Calijim]

Oil wil eventually go down as more us production comes online. You would think they should RV before oil is cheap again and they will be in the hole.

[3n1]

US oil rigs / companies have a hard time with profit below 60 bucks a barrel ,, u can strike oil in iraq with a pick ax ( sarcasm ) , all the years before saddam's invasion of kuwait iraq had a strong currency value with much lower dollar per barrel values imo iraq will begin to open a free market economy like they've been instructed to over and over ... heres hoping 

[yota691]

"Iraqi Dates" raises the minimum wage to 350 thousand dinars

Receiving, manufacturing, packing and marketing of dates

 

 25 June 2018 04:34 PM

DatesIIDP-1.68%1.17-0.02

Mubasher: The Iraqi General Assembly for the manufacture and marketing dates dates ( IIDP ), on Monday, to raise the minimum wage to 350 thousand dinars.

The Iraqi Stock Exchange said in a statement to the stock exchange that the general agreed to amend the approved grades of the company, and authorize the Board of Directors to prepare a new table and its implementation from the date of approval by the Board of Directors.

The company said in a statement that this comes in line with the Iraqi Council of Ministers Resolution No. 413 of 2017, raising the minimum wage to 350 thousand dinars, which is effective from the beginning of January 2018.

The company added that the public had decided to eliminate the cumulative deficit of profits to be realized in the future.

The  previous general of Iraqi dates, agreed to extinguish the accumulated losses, worth 112 million dinars , from the accumulated surplus account of the company.

[Officiallytook]

35k a year:usd... or 105k a year:usd... I like both odds just don't do the 350k: iqd

[FXStockpiling]

Hourly weekly monthly annually? They only work half the year so I'm guessing they are paid a salary...

[yota691]

June trading of more than 17 billion shares worth more than 10 billion dinars

 

Editor Hussam Al - Khafaji - Sunday 1 July

 

 

 

 

Alsumaria News / Baghdad The Iraqi Stock Exchange Index recorded 17 billion shares worth more than 10 billion dinars in 17 trading sessions with the participation of 64 joint stock companies out of 102.  The Executive Director of the market Taha Ahmed Abdul Salam said in a press release received by Alsumaria News, On Thursday, June 28 was the last sessions of the month of June 2018 in the Iraqi market for securities, "noting that" the number of trading sessions organized by the market amounted to 17 meetings, while the number of companies traded shares of 64 joint stock companies out of 102 companies. "     Abdul Salam said that "the number of shares traded during the month of June amounted to more than 17 billion shares, while the value of shares traded more than 10 billion dinars."  Abdul Salam said that "the number of shares traded by foreigners in the purchase amounted to 912 million shares, while the value of more than 2 billion dinars," noting that "the number of shares traded by foreigners sold amounted to more than 2 billion shares worth more than 2 Billion dinars. "  "The ISX60 Index closed at (593.98) points in the first session of the month of June, and closed at (579.06) points in the last session of the month, down by 2.51%." The Iraqi Stock Exchange has used electronic trading systems and central depository since 2009 and seeks to launch the Internet 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 and tourism And hotels.

[ChuckFinley]

On 6/13/2018 at 9:35 AM, normala rashid said:

September is our time . i will buy more iqd if get money in eid day lol . Im still get money from family . My confident have boost 200% to iqd 

I am feeling real positive for 2018. Especially within the last several weeks were major announcements are being made. 

[Jaygo]

11 minutes ago, ChuckFinley said:

I am feeling real positive for 2018. Especially within the last several weeks were major announcements are being made. 

 

👍

[yota691]

The banking sector tops the stock market in the first half of 2018

 

Market Economy News _ Baghdad The Iraqi Stock Exchange, issued the shares of the banking sector trading the stock market during trading sessions for the first half of this year by 74.5% with the number of sessions reached 120 sessions in the market.  The Executive Director of the Stock Exchange Taha Ahmed Abdul Salam said in a statement received "Economy News" a copy of it, "The indicators of the first half of 2018 showed the trading of 72 joint stock companies out of 103 listed companies listed in the market where the number of shares traded during the first half of this year 306 billion shares out of (11703) billion listed shares, while the value of shares traded (241) billion dinars. He added that "the stock exchange organized 120 trading sessions in 120 official working days. Trading by sector was as follows: 74.5% for banking sector, the top leader for other sectors, 0.5% for telecoms and 8.8% for shares. The Industrial sector, 0.12%, followed by the Services sector that shed 0.9%, the Financial Services sector was the most active share, the Financial Investment sector was the most active share by 14.8% and the 0.13% respectively.  Views 36   Date Added 05/07/2018

[ChuckFinley]

On 7/1/2018 at 11:22 AM, Jaygo said:

 

👍

that my friend. 

[yota691]

Adjustment of stock prices stimulates the public to trade on the stock exchange

09/7/2018 12:00 am  Baghdad / Mustapha Hashemi   The future economic phase requires the adoption of plans and adoption of strategies aimed at increasing public awareness about the trading of non-fixed assets, as well as the dissemination of the culture of investment in shares and the definition of mechanisms traded in the Iraqi market for securities, because the role of the stock market is important in the economies of different countries to determine the activity of different sectors And its role in the economies of their countries, indicating the need for the movement of those on the economic file in the country to this aspect. Fixed assets   The economic researcher Firas Amer said that the reason for the drop in the reluctance or reluctance of citizens to enter the stock market to the common idea that the purchase of fixed assets much better than investment in the sale and purchase of shares in the stock market, as a result of weak culture of trading bonds and shares of companies in the stock market. Fixed assets, also known as non-current assets or in the name of property, plant and equipment (PP & E), is a term used in accounting to refer to assets and properties that can not be easily converted into cash. This can be compared to current assets such as cash or bank accounts, As liquid assets. Share prices  Amer said in an interview for "morning" that "the stage requires new steps to be taken to stimulate indirect investment in Iraq, including the need to review the prices of shares currently denominated in one dinar or its parts and the percentage of annual or quarterly profits achieved commensurate with the duration of trading in the stock exchange being one of the most important Factors that enhance the performance of the Iraqi market for securities. "   According to observers, the weakness of the amounts of profits realized by the circulation of shares, selling and buying is one of the reasons for the public's reluctance to invest indirectly in the Iraqi market for securities, in addition to poor awareness and lack of experience in this area. Actual assets  "The share prices of companies in general are determined by their activity and their actual assets along with their capital," said Mahmoud Munther, a consultant at the stock exchange. "The economic reality of the country contributed significantly to the decline in the stock market performance. Iraq in the nineties of the last century and the continuing effects so far in the prices of shares traded. "  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."  He pointed out that "there are companies still share prices without one dinar while there are other companies whose prices are four dinars," stressing that "one of the main reasons why the public refrain from investing in the stock market is the decline of these prices," noting that "the supply of shares larger Much of the required, "noting that" came as a result of increasing the capital of banks to 250 billion dinars, reflecting the negative impact on stock prices. "  "The share price on the stock exchange is not encouraging," he said, adding that "the increase in the stock market will contribute to attracting the largest number of investors, whether local or foreign."  "The IPO is now the best investment as a profit and low risk," Munther said.  Awareness campaigns The need is made day after day to carry out targeted marketing campaigns to spread the culture of the stock exchange among the public and invite them to invest in it to enhance the performance of the Iraqi stock market and to reach the level of ambition, at the time of the presence of non-Iraqi investors trading in a very smooth manner and in their countries the length of daily trading sessions, 3   hours.  Currently, more than 40 brokerage firms are active in Baghdad, which act as intermediaries between the investors and the stock exchange, where these companies receive orders from investors to sell or buy and execute them on the stock exchange. You can not invest in the stock exchange except through those financial companies that specialize in trading systems on the stock exchange , And provide the necessary advice to work in the money market.

[navira]

the stage requires new steps to be taken to stimulate indirect investment in Iraq,including the need to review the prices of shares currently denominated in ONE DINAR or its parts and the percentage of annual orquarterly profits achieved commensuratewith the duration of trading in the stockexchange being one of the most important Factors that enhance the performance ofthe Iraqi market for securities. " 

[6ly410]

23 minutes ago, navira said:

ONE DINAR

 

[chris2028]

Is this saying what I think it says!! Wow.