The stock market stops trading next week

[patriotic party girl]

Baghdad / term

أ Announced that the Iraqi market for securities, Thursday, for trading off for a week starting March 25, present on the occasion of the Arab summit in Baghdad and the decision to disrupt the official working hours.

وA statement issued by the Iraqi market, and received a "long" version of it, that "the Board of Governors decided to stop trading on Sunday, March 25, 2012, until Thursday 29 March 2012", pointing out that "the first session of the market will be the day after the first Sunday of April 2012 ".

The statement added that "the decision to stop trading in the market is part of the celebration of the convening of the Arab summit in Baghdad and the Government's decision to disrupt the official working hours."

The government spokesman Ali al-Dabbagh announced on Tuesday the disruption of working hours in all government departments for a whole week, starting next Sunday, for the Arab summit near as busy streets, experiencing severe because of the actions taken by the security forces in case of any emergency.

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[oneremedy]

HOW can they afford to do this?

Thanks for the post!

[Roadrunner]

Thanks for the post PPG. I am waiting to see what happens between now and the first Sunday in April.

Roadrunner

[Doctor Smith]

Hopefully. They are shutting markets down for whatever is going to happen concerning the currency. So every one will be on the same page when the markets start up again.

[Sowhat]

HOW can they afford to do this?

Thanks for the post!

LOL, someone posted on another thread about ISX closing that it was like the Dow closing.lol. It would be like one average size company that stops trading on the Dow. That is the value of all the shares traded on the ISX would amount to this one average size company's shares traded in a single day. Someone posted the comparison of this several months ago with an actual company trading on the Dow.

The ISX is not even a pimple on an elephant's butt compared to the Dow. They close it down numerous times a year.And for many days at a time.

[bamagirl]

Thanks for the post PPG. I am waiting to see what happens between now and the first Sunday in April.

Roadrunner

Yep, I am waiting too.....thanks for posting PPG!!