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Showing results for tags 'iraqi stock exchange 2021/2022'.
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The Iraqi Stock Exchange will stop for nine days
yota691 posted a topic in Iraq & Dinar Related News
The Iraqi Stock Exchange trades shares worth 600 million dinars on the first trading in 2021 2021-01-04 06:39 Shafaq News / The Iraq Stock Exchange announced at the opening of its first session of this year on Monday, that more than 880 million shares have been traded, with a financial value of 600 million dinars. The market said in a report seen by Shafaq News, "The number of companies whose shares are traded during the day reached 23 out of 104 companies listed in the market." The market added that "the number of traded shares amounted to 886 million and 170 thousand shares, with a financial value of 601 million dinars, while the ISX60 traded price index closed at 500.80 points, registering a 1.42% decrease from its close in the previous session." "Shares purchased from non-Iraqi investors reached 65 million shares, with a financial value of 51 million dinars through the implementation of 22 deals on shares of 5 single companies," while shares sold by non-Iraqis in the market reached 8 million shares, with a financial value of 31 million dinars through the implementation 18 deals on shares of one company. It is noteworthy that the Iraq Stock Exchange has used electronic trading and central depository systems since 2009 and seeks to launch an Internet trading system for investors, and organizes five trading sessions per week from Sunday to Thursday, and it includes 104 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels. -
The Iraqi Stock Exchange will stop for nine days
6ly410 replied to yota691's topic in Iraq & Dinar Related News
Iraq Stock Exchange Launches Platform For Trading Shares Of Undisclosed Companies Iraq Stock Exchange launches a platform for trading shares of undisclosed companies - Information Agency (almaalomah.me) 2022/06/29 | 7:37 P.M. 0 Participation Information / Baghdad. The Securities and Exchange Commission of Iraq has announced the launch of the "Undisclosed Joint Stock Exchange" trading platform, while identifying companies that can trade on the platform. "The Authority has decided to develop and launch (undisclosed share trading platform) undisclosed comp as of Sunday 3/7/2022," the bank's media said in a statement. He added, "Trading in this platform will be for companies that have already decided to stop trading because they did not provide the required disclosures: Electronic Industries Company, Light Industries Company, Badia Public Transport Company, Modern Construction Materials Industry Company, Iraqi Road Transport Company, Babil Bank Company, Batek Financial Investment Company, Modern Animal Production Company, Al Khair Financial Investment Company, Iraqi Petroleum Products Transport Company, and any company that decides on the future coverage of the company. By trading on this platform of listed companies." He called on the companies above to "commit to providing minimum disclosure (report on the company's status from the date of the submission of the latest financial statements to date/ lawsuits/booking and mortgages/ any material events affecting the company's activity) and the experience and mechanisms will be evaluated three months after the application began and take advantage of the observations described under the evaluation and examination form. The Securities and Exchange Commission of Iraq has also decided to "increase the rate change from 10% to 15% as of July 3, 2022. For the companies listed in order to activate trading in the regular trading platform." "The shareholder and potential investor is responsible for purchasing and selling shares on the shares listed on the undisclosed corporate platform, based on his investment decisions, and the brokerage firms must install a note in the authorization of purchase and sale, and in the investor agreement, the statement of informing the shareholder and investor of the above and acknowledging that he will take any risks that arise later due to the lack of information and data - lack of disclosure - to the companies contributing to this platform," she said. He noted that the measures were "based on legislative order No. 74 of 2004 and the instructions and rules issued by the Securities And Exchange of Iraq Securities And in order to protect the shareholders' rights of joint stock companies listed on the Iraqi Stock Exchange, attract potential investors and stimulate securities trading." Ended/25s
