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Securities: We adopt a “custodian” to promote foreign investments Sunday 01 August 2021 45 Baghdad: Hussein Thaghb The Chairman of the Securities Commission, Faisal Al-Haymes, confirmed the Commission's focus on the custodian system, which raises the levels of transparency and enhances foreign investments in the Iraqi stock market, pointing out that "foreign investments cannot be promoted through intermediaries and away from this internationally approved advanced system." He said, "Expanding the scope of investment in securities represents a lofty goal for the authority, which made work in more than one direction in order to activate the reality of trading, as the last period witnessed the return of several companies suspended to trading, and we are working to return other companies, after we put in place mechanisms that guarantee the rights of Investors and the market activity has actually been enhanced.” right decision He pointed out that «investors in the stock market, should see the data of the joint-stock company, to then take the appropriate decision to invest or not, in order to have a clear picture of the nature and mechanisms of work and future plans, and the percentages of profits achieved, as we strive to be safe and reassuring trading. to the investor. Trading period And he indicated that “the trading hours were extended to four o’clock after it ended at 12 noon, as the trading period was extended two days a week, and after an increase in trading spread, a decision was made to invest from Sunday to Thursday in a move that allows the largest number of people to trade. of investors in the stock market. He said: "The Authority called on the Arab Securities Commission to hold the next meeting in Baghdad, and the invitation was accepted by the Federation of the Arab Securities Commission, to be organized during the year 2023." Illegal investment He pointed out that “local sums of money are invested illegally by companies called (forex) and a committee was formed under our chairmanship after discussing the issue with the General Secretariat of the Council of Ministers, with the membership of the Central Bank, the security authorities and a number of companies, to follow up on this matter, which puts large capitals at risk due to illegality. This trend, and far from guarantees provided to the investor that his money is directed to invest legally». He revealed the authority's tendency to establish cooperation with the World Financial Syndicate in the field of training and transfer of expertise to international brokers in the financial markets, to obtain new skills that enhance the relationship with the community and convey the image of trading and its objectives and the benefit achieved from that. serious movement To that, the economic affairs specialist, Mustafa Muhammad Ibrahim, stated that “the reality of trading in the stock market represents the extent of the activity of the national economy, and despite the challenges that Iraq and the world have witnessed in recent years and the decline that all international economies have indicated, we find in Iraq that there is a serious movement to activate the reality Trading by increasing the trading hours, which allowed new categories to enter the trading movement.” He pointed out that “the Iraqi Stock Exchange can be described as promising because there is a large volume of work, and a serious desire to move the joints of the national economy.”
The Iraqi Securities Commission: Direction to issue government bonds and list them in the market Iraq Stock Exchange - archive July 26, 2021 3:03 PM03 Mubasher: The Chairman of the Iraqi Securities Commission, Faisal Al-Haims, revealed today, Monday, that there is a tendency to issue government bonds; Either to the government itself or to one of its institutions and to be listed in the money market or the Iraq Stock Exchange. Al-Haymes said, according to the Iraqi News Agency (INA), that the issuance of bonds will revitalize the market, noting that the authority continues to obtain this support to strengthen the performance of the Iraqi Stock Exchange. Al-Haymes added that about a year ago, the authority’s presidency was changed and there was a formation of the Securities Commission, and some departments were created such as the Consumer Protection Department, the Money Laundering Department, and the Training and Development Department, indicating that this comes within the government’s plan and the white paper that is reflected on the market’s performance. The head of the Securities Commission indicated that the first half of this year compared to the second half witnessed the development of trading in the stock market, with an increase of about 360%, pointing out that these figures came from the statistics of the Arab Monetary Fund, which it monitors on a monthly basis.
Soon .. Evening sessions at the Iraq Stock Exchange Economie 2021-03-25 | 10:40 293 views The Securities Commission announced, on Thursday, that evening sessions will be organized in the Iraq Stock Exchange, starting April 5, for a period of two days a week. "The Securities Commission, in coordination with the Iraq Stock Exchange, decided to increase the trading hours for the two sessions on Monday and Wednesday from 9:30 a.m. to 3 p.m., starting from Monday's session, April 5, 2021," said the head of the Securities Commission, Faisal Al-Hims Efforts to encourage and attract interested people and investors to actively trade in shares of Iraqi joint stock companies and securities listed on the Iraq Stock Exchange. " "The increase in trading hours will give investors freedom to trade with the increase in the rate of stock turnover," he added, noting that "the Iraq Stock Exchange has begun to witness a big boom in increasing the volume of trading, as according to the reports of the Arab Monetary Fund, the Iraq Stock Exchange ranked first with the growth rate Trading. "
NO data values for 2021 have been entered for the General Price Index of the Iraq Stock Exchange May 15,2021 Scroll to the bottom of the values LINK Link to General Price Index Chart (Maybe a new rate is needed? - DWS112)