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Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement


yota691
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Iraqi Stock Exchange continues to drain points affected by the performance of banks

Iraqi Stock Exchange continues to drain points affected by the performance of banks
The headquarters of the Iraqi Stock Exchange
 06 February 2019 05:53 PM

Mubasher: The general index of the Iraqi market for securities on Wednesday, in red, to continue losses for the second meeting in a row, pressured bank shares.

The general index of the Iraqi bourse, a decline of 0.05%, losing 0.27 points, to settle at 491.62 points at the end.

Liquidity fell to 104.41 million dinars, compared with 128.5 million dinars on Tuesday, the stock exchange data showed.

The volume of traded shares fell to 195.48 million shares, compared with 296.8 million shares traded on the previous session.

The index continued to decline due to the loss of Bank of Babylon by 5.9%, and Islamic Bank by 5.7%.

On the other hand, 8 shares, led by Mosul for gaming cities, rose 9.4%.

The Babel Hotel acquired liquidity of 49.2 million dinars, and Babil Bank controlled the volume traded with 143.07 million shares. 

At the last session, the general index of Iraq's stock market closed its trading transactions decline, and back losses amid fluctuation in performance in recent sessions.

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  • yota691 changed the title to Weekly report of the performance of the Iraqi stock market
Release date: 2019/2/14 23:02  107 times read
Weekly report of the performance of the Iraqi stock market
{Economy: Al Furat News} The Iraqi stock market organized during the past week five trading sessions.
The market index rose by (1.4)% from the close of last week when it closed at (490.28) points. 
The number of shares traded this week increased by (418.5)% compared to last week. 
The total value of shares traded this week increased by (519.3)% compared to last week. 
The market index closed at 497.04 points on Thursday. 
The number of shares traded for this week 
reached 14.174 billion. The value of shares traded for the week reached 13.599 billion dinars. 
The number of transactions executed this week reached 1862. 
The number of shares purchased by non-Iraqi investors for this week reached (244) million shares valued at (370) million dinars through the implementation of (139) deal on the shares of (14) companies.
The number of shares sold by non-Iraqi investors this week (342) million shares valued at (341) million dinars through the implementation of (227) deal on the shares of (10) companies.
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  • yota691 changed the title to Bourse: 32 companies distributed the dividend to shareholders
 
13256.jpg
 
  

 Market


Economy News - Baghdad

The Executive Directorate of the Iraqi Stock Exchange said on Wednesday that 32 companies out of 104 distributed dividends to shareholders, while noting that there are a number of proposals to stimulate investment in shares, talked about the market plans for 2019.

The Executive Director of the Iraqi Stock Exchange Taha Abdul Salam said in an interview with "Economy News", in cooperation with the Center for Political Economics, "The Iraqi market for securities operates under the objectives set by Law No. 74 of 2004, and among the criteria set by the law is to work to be "The foreign and Iraqi investor in the Iraqi market for securities deals with the same type of opportunities and alternative investment, and also deals with the same standards and principles except the past P - the transfer of funds between Iraqi and foreign banks. "

Abdul Salam said that "there are a number of factors affecting the circulation of securities and prices of shares traded, the most important profits of joint stock companies," pointing out that "through the indicators achieved in the Iraqi market for securities for 2018, out of 104 companies listed in The Iraqi Stock Exchange, 32 of which only distributed the dividend to shareholders, and these distributions are attractive to deal with their shares, unlike companies that did not distribute profits.

"There are a number of proposals to stimulate investment in shares, some of them belong to the shareholding companies and the other section is related to the laws and regulations that attract investment," he said, adding that "the laws and regulations governing the circulation and attract investment and find new mechanisms for dealing is deficient and undeveloped."

"The Iraq Stock Exchange plans for 2019 to provide studies to the Securities Commission and the official bodies in the Iraqi state include issuing instructions on margin trading, and instructions for the management of investment portfolios and instructions of investment funds, treasury shares instructions and governance instructions," said Abdul Salam. "These things will attract Iraqi and foreign investors and also there are plans to communicate with Iraqi universities in order to prepare a comprehensive study will be and its specialty and the assessment of shares of joint stock companies and link stock prices with profits realized and distributed in order to give the value of the share and show Rh appearance and the real value that it deserves. "


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2019/02/27 12:40
  • Number of readings 35
  • Section: Iraq
  •  

Foreign investors account for 18% of Iraqi market investors

The Iraqi market for securities, Wednesday, revealed that foreign investors represent 18% of the market investors, noting that there are 30 foreign investment funds traded in the market. 

"The Iraqi investor continues to represent the largest segment of the daily trading and indicators of the annual compilation of the market," said the executive director of the market Taha Ahmed Abdul Salam, noting that "the foreign investor still represents 17-18% of market investors."

"What distinguishes the foreign investor is that there are 30 non-Iraqi foreign investment funds trading and dealing with the shares of the Iraqi shareholding companies, while there is no Iraqi investment fund trading because of the lack of instructions to establish Iraqi investment funds." 

The investment fund is a financial vessel owned by thousands of investors. The capital of the fund is supported by millions. It is managed by specialized experts who carry out studies on the best companies that can be invested to ensure the best return. On many stocks and bonds. Thus, the investor gets the advantage of diversification and relatively less risk of direct investment on the stock exchange.

It is noteworthy that the Iraqi market for securities has been using electronic trading systems and central depository since 2009 and seeks to launch an online trading system for investors, and organizes five sessions a week from Sunday to Thursday, and included 103 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment and tourism And hotels.

The obelisk

 

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Bourse: 32 companies distributed the dividend to shareholders

 

13256.jpg.6cfe9a4d45a4a9860627521a00b47274.jpg

 

 

 

 

Economy News - Baghdad

The Executive Directorate of the Iraqi Stock Exchange said on Wednesday that 32 companies out of 104 distributed dividends to shareholders, while noting that there are a number of proposals to stimulate investment in shares, talked about the market plans for 2019.

The Executive Director of the Iraqi Stock Exchange Taha Abdul Salam said in an interview with "Economy News", in cooperation with the Center for Political Economics, "The Iraqi market for securities operates under the objectives set by Law No. 74 of 2004, and among the criteria set by the law is to work to be "The foreign and Iraqi investor in the Iraqi market for securities deals with the same type of opportunities and alternative investment, and also deals with the same standards and principles except the past P - the transfer of funds between Iraqi and foreign banks. "

Abdul Salam said that "there are a number of factors affecting the circulation of securities and prices of shares traded, the most important profits of joint stock companies," pointing out that "through the indicators achieved in the Iraqi market for securities for 2018, out of 104 companies listed in The Iraqi Stock Exchange, 32 of which only distributed the dividend to shareholders, and these distributions are attractive to deal with their shares, unlike companies that did not distribute profits.

"There are a number of proposals to stimulate investment in shares, some of them belong to the shareholding companies and the other section is related to the laws and regulations that attract investment," he said, adding that "the laws and regulations governing the circulation and attract investment and find new mechanisms for dealing is deficient and undeveloped."

"The Iraq Stock Exchange plans for 2019 to provide studies to the Securities Commission and the official bodies in the Iraqi state include issuing instructions on margin trading, and instructions for the management of investment portfolios and instructions of investment funds, treasury shares instructions and governance instructions," said Abdul Salam. "These things will attract Iraqi and foreign investors and also there are plans to communicate with Iraqi universities in order to prepare a comprehensive study will be and its specialty and the assessment of shares of joint stock companies and link stock prices with profits realized and distributed in order to give the value of the share and show Rh appearance and the real value that it deserves. "

 
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http://economy-news.net/content.php?id=15558

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  • yota691 changed the title to Iraq's stock market falls in February at the highest pace in 21 months

Iraq's stock market falls in February at the highest pace in 21 months

Iraq's stock market falls in February at the highest pace in 21 months
A trader is following stocks on the Iraqi stock exchange
 28 February 2019 05:48 PM

IRAQ - The ethnic stock market ended February 2019 trading for a second consecutive month, recording the highest loss in 21 months.

The general index of the Iraqi market for securities by 5.5% (the highest monthly loss since the end of May 2017 when the index fell by 6.86%), to lose 27.12 points in February to drop to the level of 465.13 points.

Liquidity declined in February to 4.49 billion dinars, compared with 16.07 billion dinars in January 2019.

The volume of traded shares fell to 7.7 billion shares, compared with 40.1 billion shares traded in the previous month.

On a weekly basis, the Iraqi stock index fell by 4.6%, the highest weekly loss since the week ending January 6, 2017, when it fell 8.95%.

Liquidity during the week rose slightly to KD 1.087 billion, compared to KD 1.062 billion last week.

The volume of traded shares amounted to 1.97 billion shares, compared to 2.19 billion shares last week.

The index closed Thursday's trading, down 0.8% to continue its losses for the fifth consecutive session.

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  • yota691 changed the title to Bourse announces suspension of trading on Investment Bank (BIBI)
 
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 Market


Economy News _ Baghdad

The bourse announced that it will stop trading on the Investment Bank (BIBI) during Tuesday's session. Trading will start on Sunday 2019/3/31. 
A statement by the stock exchange received "Economy News" a copy of it, "The Stock Exchange suspended trading on the shares of investment bank (BIBI) during a session on Tuesday and will be trading on Sunday 2019/3/31, for the meeting of the General Assembly on Saturday 2019/3/30 At 10 am in the bank's headquarters. " 
During the meeting, a new board of directors will be elected from (7) original members, such as reserves.


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  • yota691 changed the title to Bourse announces the launch of trading on the shares of the International Islamic Bank
 
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 Market


Economy News - Baghdad

The Iraqi Stock Exchange announced on Tuesday the launch of trading on the shares of the International Islamic Bank, indicating that the bank's capital increased from 100 to 250 billion dinars.

"The shares of the International Islamic Bank ( BINT ) were launched on Tuesday, 2019/3/12 after the General Assembly decision held on 2019/3/7, and the capital increase of the company from ( 100) billion to (250) billion dinars, according to Article (55 / I) of the Companies Act.

"The price of the visa will be (1,000) dinars."


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  • yota691 changed the title to Ingot Brokers plans to issue new financial instruments in Iraq
12-03-2019 11:39 PM
image.php?token=5f40836fd5ecb0a7588ac90d1d126505&c=7406392&size=
 


 

Baghdad - 
The multi-asset brokerage firm, Ingot Brokers, has unveiled plans to expand geographically and introduce new financial instruments to adapt to the changing and rapidly changing needs of customers and the market. In addition to keeping abreast of developments in local and international financial markets, we are always at the forefront. 
"We have identified a strategy to expand into a number of locations, such as the discovery of promising new markets for sustainable development in line with international standards, and finally, our renewed commitment to new AML and CTF regulations.
Provides financial trading services to its individual and institutional clients. Operating in a fully organized and fair environment. As a trader you will find the security you are looking for in the capital markets through the licensed broker Engot Brokers, which is regulated by the Australian Securities and Investments Commission.
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  • yota691 changed the title to The Iraqi Stock Exchange .. The third Arab in trading activity

The Iraqi Stock Exchange .. The third Arab in trading activity

 
Baghdad / Al-Sabah
The Securities Commission issued its annual report on the Iraq Stock Exchange for the year 2018, which dealt with the indicators of the 12 Arab financial markets, including Iraq, which the report described as the third most active Arab market in terms of circulation. The report, which obtained the "morning" a copy of it, The volume of trading for 12 Arab markets during the year 2018 amounted to 234.4 billion dollars, compared with the volume of trading for 2017 amounted to 267.8 billion dollars, recording a decline of 12.47 percent.
"The Saudi stock market is the first in volume compared to other countries, accounting for 73.8 percent of the total market turnover, while the Egyptian stock exchange witnessed a 42.33 percent increase in volume over the previous year.
The most bourses in the previous year were Dubai Financial Market, Iraq Stock Exchange and Doha Securities Market, with declines of 67.22 percent, 48.16 percent and 47.33 percent, respectively, according to the updated Arab Monetary Fund.
 
Market value
The market value of the 12 markets in 2018 amounted to a total of 1022.6 billion dollars, compared with the market value of 2017 amounted to 937.3 billion dollars, a rise of 9.1 percent, and the Saudi stock market ranked first in the market capitalization compared to countries With a market capitalization of $ 505.9 billion, or 49.48% of the total Arab markets.
The three most active Arab markets were the Doha Securities Market, the Saudi Stock Exchange and the Iraqi Stock Exchange. The increase was 42.8 percent, 12.37 percent and 8.32 percent, respectively.
 
Trading locally
The volume of trading declined to about 232.7 billion dinars in 2018 compared to about 386.9 billion dinars during the year 2017 and by 39.9 percent, the banking sector in 2018 ranked first in terms of volume, trading volume was about 127.4 Billion dinars, or 54.7 percent of the total.
The second place came in the industrial sector, with volume amounting to KD 54.9 billion, or 23.6 percent of the total, followed by the telecommunications sector with volume of KD 20.4 billion, or 8.8 percent The total volume of trading volume during the year 2018 amounted to about KD 0.9 billion compared to KD 1.6 billion during the year 2017.
The number of trading sessions during this year 238 trading sessions, while the number of trading sessions during the year 2017 to 239 sessions.
 
Number of Shares
The number of shares traded during the year 2018 to about 376.8 billion shares compared to about 631.4 billion shares during the year 2017 and a decline of 40.3 percent, and the banking sector during the year 2018 ranked first in terms of the number of shares traded, Shares traded amounted to 333.6 billion shares and 88.5 percent of the total.
The second place came in the industrial sector, with 34.3 billion shares traded, or 9.1 percent of the total, followed by the services sector with 3.71 billion shares traded, Of the total. The average number of shares traded during the year 2018 was about 1.6 billion shares compared to 2.6 billion shares for 2017.
 
Execution contracts
The number of contracts executed during the year 2018 amounted to 87.5 thousand contracts compared to about 95.0 thousand contracts for 2017 and a decline of 7.9%, the banking sector ranked first in terms of number of contracts, the number of contracts amounted to about 33.3 And 38.1 percent of the total.
The second place came in the industrial sector, with 30.7 thousand contracts and 35.1% of the total.
In the third place was the services sector, where the number of contracts executed was about 7.6 thousand contracts and by 8.6% of the total number. The average number of transactions reached 367.7 contracts during 2018 compared to 397.5 contracts during the year 2017.
 
General Indicator
The general index of stock prices in the Iraqi market for securities "isx60" for 2018 decreased by 12.13 percent to close at the end of the year at 510.12 points compared to 580.54 points at the end of December 2017.
 
Foreign Investment
The report said that the purchase of foreigners during this year amounted to 52 million and 631 thousand dinars, more than the sale of which amounted to 34 million and 457 thousand dinars, which made the net foreign investment (the purchase of shares by foreigners - the sale of shares by foreigners) to 18 million And 174 thousand dinars.
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  • yota691 changed the title to Iraq Stock Exchange confirms the need to apply instructions attractive to investment and governance
28-03-2019 12:46 PM
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Baghdad

The Iraqi market for securities, on Thursday, the need to apply instructions to attract investment and instructions for governance and the creation of new financial instruments in the financial markets.

Speaking on the occasion of the 2nd Arab Capital Markets Conference, which was held under the theme of "Enhancing Transparency and Financial Innovation" in the Jordanian capital, Amman, which was organized by the Union of Arab Organizations in cooperation with Jordan Securities Commission, Taha Ahmed Abdul Salam, Is part of the fundamentals of protecting investments and attracting liquidity for economic development in Arab countries. "

Abdul Salam presented a discussion session on the development of the Arab capital markets in cooperation with the Director of the Amman Stock Exchange and the President of the European Financial Markets Federation, and discussed the fundamental events in the development of these markets.

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  • 2 weeks later...

The Iraqi Stock Exchange uses internationally approved systems

image.png.3758ff48d5f641dbbf1e064a43941a59.png

 

Tuesday 09 April 2019
 

 http://alsabaah.iq/7154/سوق-العراق-للأوراق-المالي-ة-تستخدم-أنظمة-معتمدة-دوليا
 

Baghdad / Al-Sabah

The Iraqi Stock Exchange on 19 April 2019 celebrates the tenth anniversary of the launch and use of electronic trading systems and central deposit in the Iraqi market for securities for the first time in the history of the financial market in Iraq.

On the occasion, Taha Ahmed Abdul Salam, Chief Executive Officer of the market, reviewed the market's achievements over the past ten years by saying: "The Iraqi Stock Exchange contracted the purchase and use of the electronic trading and central depository systems of NASDAQ OMX in 2007."

Effective achievements

"During the record period, 12 key points were achieved: the study of the DS design of the two systems according to the prevailing Iraqi laws, the selection of customizations, the training of engineers and technicians on the systems functions, as well as the authorized training of each brokerage company by experts from the Abu Dhabi and Dubai Stock Exchange

The construction of trading stations, installation and testing of systems and tests in the experimental and real environment, as well as measuring the capacity of the systems in cooperation with external experts, and building internal networks in the market and external trading of electronic stations and electronic trading sites and official Including the Securities Commission. "
 
Education breaks

"The issuance of instructions and rules of electronic trading in cooperation between the Board of Governors of the Iraqi market for securities and the Board of Commissioners Securities Commission after discussions for more than 5 months," pointing to cooperation with joint stock companies to prepare and audit the record of shareholders and transfer its registration to the Depository Center.

He pointed out the establishment of workshops on the mechanisms of the Depository Center for the purpose of depositing certificates of paper shares and converting them to digital balances on the system Dematerialization, as well as the activity and efforts of the local media to spread the culture of investment development.

He said: "Five companies were selected to launch trading on their shares according to electronic trading mechanisms and Central Depository in the first electronic trading session on April 19, 2009, which are the Bank of Ashur, Al-Mansour Bank, Commercial Bank, Ishtar Hotels and Al-Mansour Hotel."

"The share price index has been launched according to the company's capital weights and stock price," Abdul Salam said.

"Ten years after the launch of electronic trading and central deposit, the Iraqi Stock Exchange uses the latest electronic systems in accordance with the development mechanisms adopted in the Arab and international financial markets, through the organization of five trading sessions a week from 9:30 am to 12 noon, And the adoption of disclosure as a means of attracting investment and build investor confidence.

He disclosed that "the Iraqi market plans for securities extends to achieve the principles of emerging financial markets according to the indicators of trading achieved and develop the prevailing rules and regulations attractive to investment and achieve fair and transparent handling of securities and diversification of financial instruments in the Iraqi economy."

He pointed out that «in order to develop the capital market in Iraq, the next plans must take into account the development of market regulations and rules and the introduction of instructions to attract investment And firstly, the need to diversify financial instruments in the economy and the financial market and open the prospects for investment savings, Representing the segments of the Iraqi economy, and interest in the culture of investment securities and follow up the affairs of shareholders through the websites of data and information in the flags of listed companies.

Edited by 6ly410
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  • yota691 changed the title to The Iraqi Stock Exchange uses internationally approved systems

Indices of the Iraqi market for securities on Wednesday

Economy | 08:20 - 10/04/2019

image.png.b122414594a5e7aac0892b24869ef2ed.png

 

https://www.mawazin.net/Details.aspx?jimare=42116

 

Baghdad - Mawazeen News 
The number of shares traded, in the Iraqi market for securities, trading Wednesday, (1,282,484,073) shares, while the value of shares (1,046,578,203) dinars. 
The ISX 60 index closed at (452.20) points, up 0.11 from the previous session's 451.69 points. 
The shares of (29) companies out of (103) listed companies in the market, while the number of companies suspended by a decision of the Securities Commission for failure to comply with financial disclosure instructions (27) companies. 
The number of shares purchased by non-Iraqi investors (11,399) million shares worth (34,117) million dinars through the implementation of (9) deal on the shares of one company. 
The number of shares sold by non-Iraqi investors (10) million shares valued at (10,550) million dinars through the implementation of (9) deal on the shares of two companies.
The number of shares purchased by non-Iraqi investors in the second market amounted to (20) million shares valued at (54) million dinars through the implementation of (4) deal on the shares of one company. 
The number of shares sold by non-Iraqi investors in the second market (20) million shares valued at (54) million dinars through the implementation of (4) deal on the shares of one company. Ended 29/6 n

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2 minutes ago, 10 YEARS LATER said:

Seems like so many things moving in, around over & thru the International arena. At some point ( when ? ) will the IQD emerge onto the scene ?

I am hoping all these international events put the pressure on the Dinar to revalue. 

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1 minute ago, ChuckFinley said:

I am hoping all these international events put the pressure on the Dinar to revalue. 

 

So much pressure as to make their beady little eyes bulge Bright White In their sockets ! A few  fart blasts would be a great indicator as well. 😮

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Editorial date: 2019/4/10 18:51  124 times read
Iraq's stock market closed at 0.11 and a decision to stop 27 companies
{Baghdad: Al Furat News} The index of the Iraqi market for securities closed at an increase of (0.11} stopped at {451.69} point after it was (452.20) points in the previous session.
The indicators were the rest as in the below: 
1. The number of shares traded {1,282,484,073} shares. 
2. The value of shares reached JD (1,046,578,203). 
3. The ISX 60 index closed today's session at 452.20 points, up by 0.111 from the previous session of 451.69 points. 
4 traded shares of {29} companies out of {103} companies listed in the market. 
5 - The number of companies suspended by a decision of the Securities Commission for failure to comply with financial disclosure instructions {27} company. 
The number of shares purchased by non-Iraqi investors reached 11,399 million shares valued at JD 34,117 million through the execution of 9 transactions on one company. 
The number of shares sold by non-Iraqi investors reached 10 million shares valued at JD 10,550 million through the execution of 9 transactions on two companies.
The number of shares purchased by non-Iraqi investors in the second market reached 20 million shares valued at JD 54 million through the execution of 4 transactions on one company. 
9 The number of shares sold by non-Iraqi investors in the second market {20} million shares worth [54} million dinars through the implementation of {4} deal on the shares of one company.
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  • yota691 changed the title to The tenth anniversary of the launch of electronic trading and central deposit in the Iraqi market for securities
  • yota691 changed the title to Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement
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