((Sovereign conservative)) supports the exchange activity

TBomb · July 8, 2013

08/07/2013 12:00 AM

Baghdad - Mostafa Hashemi
called researcher economic Suhad virgins traders local bourse to establish or create a portfolio or group of portfolios of sovereign within the Iraqi market for securities.
said Athari told (morning): The presence of such a conservative sovereign private investors Iraqis granted the power to perform market by trading on the shares of companies listed on the stock exchange and therefore it adds support to the national economy as well as highlighting the activity of these companies are explained.
reported that such conservative exist in the global stock markets and play a big role in the financial markets and therefore their presence in the Iraqi Stock Exchange would rise performance and moving the wheel of the economy.
The number of listed companies electronically in the Iraqi market for securities 73 local companies participate in a variety of sectors such as banks and industry, hotels, insurance, agriculture, communications and services.
part of the last chancellor said the Iraqi Institute for Economic Reform, Dr. Ahmed Husseini said governance lead to the development of markets Finance through the protection of investors.
said in a statement (morning): that financial markets and other intermediaries help in attracting investments and savings together by the presence of creative solutions to the financial problems that could be exposed to financial markets, pointing out that investor protection linked to efficient governance, which allow for the development of financial markets and customization efficient capital through companies.
continued adviser So the result is important to analyze the need for financial markets to investor protection, appear rooted in the legal structures in each country Valthasin surface does not produce his degree necessary to protect the investor and the other hand there are legal systems emphasize investor protection .
said Husseini said corporate governance is working to control the performance of the company by contributing to the prevention or reduction of committing irregularities and illegal acts by their commitment to the laws and regulations governing the company's business and its commitment to ethical responsibility and environmental, increasing the degree of confidence in its financial statements, including affects the behavior of investment decisions and thus traded in financial markets.

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