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Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement

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31-10-2018 01:09 PM
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Baghdad / News

Three Iraqi brokerage firms on Wednesday received significant progress in the European and Asian Stock Exchanges, while the Iraq Stock Exchange discussed a law to support investments in the market.

"Three brokerage firms in the Iraqi market for securities received a positive evaluation from the Federation of European and Asian Stock Exchanges at the conference organized by the Federation with the Abu Dhabi Stock Exchange on 29 and 30 October 2018," Taha Ahmed Abdul Salam, the market's executive director, said in a statement. ', Indicating that' this assessment came to the work of the three companies in the market and the balance of other international companies'.

"The future plans in the issuance of a law that adopts international standards in attracting investment in securities, in addition to encouraging the establishment of joint stock companies, especially the transition to a market economy as well as attracting the functions of custodian and the bank guarantor to encourage the entry of investment funds and international portfolios.

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13:11 - 31 October 18
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BAGHDAD / 

The Iraqi Stock Exchange announced on Wednesday that three Iraqi brokerage firms had obtained a positive assessment in the European and Asian Stock Exchanges, while the market discussed the issuance of a law supporting investments in the market.

"Three brokerage firms in the Iraqi market for securities received a positive evaluation from the Federation of European and Asian Stock Exchanges at the conference organized by the Federation with the Abu Dhabi Stock Exchange on 29 December," Taha Ahmed Abdul Salam, the market's executive director, said in a statement. And October 30, 2018, "noting that" this assessment came to the work of the three companies in the market and the balance of other international companies. " 

On the other hand, Abdul Salam's purpose during the conference is the future plans to pass a law that adopts international standards in attracting investment in securities, in addition to encouraging the establishment of mixed joint stock companies and the transition to a market economy, as well as attracting the functions of custodian and guarantor bank to encourage the entry of investment funds and international portfolios.
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Now we have some movement in right direction in this sector. 

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 Banks


Economy News - Baghdad

The profits of the Noor Iraq Islamic Bank for Investment and Finance ( BINI ) declined by 78.78% year-on-year in the third quarter of this year.

The bank's profit reached KD 556.46 million ($ 462.7 million) in the third quarter of 2018, compared to a profit of KD2.62 billion ($ 2.18 million) in the third quarter of 2017.

Noor Bank said in a statement to the Stock Exchange that its profits amounted to 5.56 billion dinars in the first nine months of this year, compared to profits of 5.13 billion dinars in the first nine months of last year.

The unaudited financial statements showed a rise in total revenues from current operations to KD 10.86 billion in 9 months from 2018, compared to a total revenue of KD 9.97 billion in 9 months of 2017.

The profits of the Bank of Iraq Noor to 5 billion dinars in the first half of this year, compared to profits of 2.5 billion dinars in the first half of last year.


Views 9   Date Added 11/14/2018

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 Market


Economy News - Baghdad

Iraq Stock Exchange decided to suspend its work next Tuesday, 20 November, on the occasion of the birth of the Prophet.

The bourse said in a statement Thursday that trading sessions will resume on Wednesday 21 November.

The Iraqi Stock Exchange suspended its work on October 30 last year on the occasion of the commemoration of the 40th anniversary of Imam Hussein.


Views 22   Date Added 15/11/2018

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The stock market is trading government bonds worth more than one billion dinars

02:41 - 21/11/2018

 
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BAGHDAD - Mawazeen News The 
circulation of the Iraqi market for securities, Wednesday, government bonds and the value of more than one billion dinars. 
"The market started trading for today, the second government bonds issued by the Central Bank of Iraq, which will end in April 2019," Taha Ahmed Abdul Salam, the market's executive director, said in a statement received by Mawazine News. 
And Abdul Salam, that "the number of bonds for the second issue, which was traded on the market for today amounted to 350 bonds and the value of more than one billion eight hundred million dinars." 
The Executive Director, that "the category of one bond is (five million dinars)," asserting that "this trading is the first of its kind in the Iraqi market for securities." Ended 29 / a 43

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Editorial Date: 2018/11/21 14:45  59 times read
The stock market is trading government bonds worth more than one billion dinars
(Baghdad: Al-Furat News) revealed the Executive Director of the Iraqi market for securities Taha Ahmed Abdul Salam that the market began trading, on Wednesday, the government bonds issued by the second issued by the Central Bank of Iraq, which will end in April 2019.
In a press statement received by the agency {Euphrates News} a copy of it today that "the number of bonds for the second issue traded on the market for today amounted to 350 bonds and the value of more than one billion and eight hundred million dinars." 
He explained that "the category of one bond is {five million dinars}," asserting that "this trading is the first of its kind in the Iraqi market for securities." is over
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Stock Market: Trading bonds of 5 million dinars for the first time

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Wednesday 21 November 2018

Baghdad - Nas

The financial market in Iraq began Wednesday, trading the second government bonds issued by the Central Bank of Iraq and the value of one billion dinars.

"The market began trading on Wednesday for the second issue of government bonds issued by the Central Bank of Iraq, which will end in April 2019," said Taha Abdul Salam, executive director of the Iraqi market for securities, in a statement received by NAS today (November 21, 2018).

And Abdul Salam said that "the number of bonds for the second issue, which was traded on the market for today amounted to 350 bonds and the value of more than one billion eight hundred million dinars."

He added that "the category of one bond is (five million dinars)," noting that "this trading is the first of its kind in the Iraqi market for securities."

Keywords:

https://www.nasnews.com/سوق-الاوراق-المالية-تداول-سندات-فئة-5-م/

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The stock market is trading government bonds worth more than one billion dinars

21st November, 2018

The circulation of the Iraqi market for securities, Wednesday, government bonds and the value of more than one billion dinars. 

"The market started trading for today, the second government bonds issued by the Central Bank of Iraq, which will end in April 2019," Taha Ahmed Abdul Salam, the market's executive director, said in a statement received by Mawazine News.  

And Abdul Salam, that "the number of bonds for the second issue, which was traded on the market for today amounted to 350 bonds and the value of more than one billion eight hundred million dinars." 

The Executive Director, that "the category of one bond is (five million dinars)," asserting that "this trading is the first of its kind in the Iraqi market for securities."     https://www.mawazin.net/Details.aspx?jimare=21124

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The trading of government bonds on the Iraqi Stock Exchange exceeds 1.8 billion dinars

The trading of government bonds on the Iraqi Stock Exchange exceeds 1.8 billion dinars
 
 22 November 2018 10:28 p

 

direct: The value of trading on government bonds in the Iraqi market for securities, 1.8 billion dinars.

The Executive Director of the Iraqi Stock Exchange, that the market began trading for government bonds in the second issue, issued by the Central Bank of Iraq, pointing out that the issuance ends in April 2019, according to the Iraqi News Agency.

Taha Abdel Salam said that the number of bonds traded from the second issue on Wednesday amounted to 350 bonds.

Abdul Salam said that the category of one bond is 5 million dinars, and that trading on it is the first of its kind in the Iraqi market for securities.

The general index of the Iraqi Stock Exchange ended trading on Wednesday, up 0.28%, at 503.66 points, winning 1.41 points.

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Iraq Stock Exchange
  

 Market


Economy News Baghdad

The first session of the trading session of the Stock Exchange on Sunday, decreased by 1.09%, at the level of 496.90 points.

The performance of the index led to a decline of eight shares, led by the Bank of Iraq Islamic 7.89%, followed by the Middle East Bank by 7.14%.

On the other hand, three shares, led by manufacturing and marketing of dates rose by 6.73%, and the shares of ready-made garments production 3.50%.

The volume of trading today amounted to 789.5 million shares, worth KD 350.5 million.

While the number of shares sold by non-Iraqi investors 6.4 million shares valued at 2.2 million dinars through the implementation of (5) transactions on the shares of two companies.

Shares in the Middle East Bank led the day in terms of the number of shares traded, trading 232.9 million shares.


Views 19   Date Added 25/11/2018

 
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Iraqi shareholders distribute 500 fils per share

Iraqi shareholders distribute 500 fils per share



 Twilight News    
 one hour ago

The Iraqi Seed Production Company (AISP), listed on the Iraq Stock Exchange, agreed to distribute cash dividends of 500 fils per share.

The company explained in a statement to the stock exchange, that the distribution represents 50% of the company's paid capital, 

The company's current capital is 10.5 billion dinars, distributed over 10.5 billion shares, with nominal nominal value of one dinar per share.

Keywords: 
 

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The economy
of the shareholders of the Iraqi seed distributing profits of 500 fils per share

Iraqi shareholders distribute 500 fils per share
 
 Twilight News    
 
 5 hours ago
 
 

The Iraqi Seed Production Company (AISP), listed on the Iraq Stock Exchange, agreed to distribute cash dividends of 500 fils per share.

The company explained in a statement to the stock exchange, that the distribution represents 50% of the company's paid capital, 

The company's current capital is 10.5 billion dinars, distributed over 10.5 billion shares, with nominal nominal value of one dinar per share.

 
Keywords: 
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6 minutes ago, blueskyline said:

The Iraqi Seed Production Company (AISP), listed on the Iraq Stock Exchange, agreed to distribute cash dividends of 500 fils per share.

 

Thank You for the EXCELLENT Article, BlueSkyLine, AND The Very Best Of Your Week To You!!! :tiphat:

 

Last I checked, fils ARE NOT listed as a form of Bicraqi Iraqi Currency!!!

 

https://cbi.iq/page/89

 

How in the world could THEY do THIS if fils ARE NOT a Bone Fide Bicraqi Iraqi form of currency???!!!

 

If I understand correctly, the Bicraqi Iraqi fil is 1/1000th of a Bicraqi Iraqi Dinar so the dividend is 1/2 Bicraqi Iraqi Dinar!!!

 

If THIS article is accurate, THIS could be an indication of the imminent issue of Lower Denomination Bicraqi Iraqi Dinar!!!

 

Say an individual holds 10,000 shares then this would be 5,000 dinar or less than $5 for the total shares held. Seems measly for now, worthwhile after issue of the Lower Denominations!!!

 

In The Mean Time..............................................................

 

Go Moola Nova!

:pirateship:

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1 minute ago, blueskyline said:

I do believe I have seen them use fils in transaction yet since they removed them.

 

Thank You for clarifying BlueSkyLine!!! :twothumbs:

 

I don't remember fils mentioned in a current context so I appreciate You noting Your observation!!! :tiphat:

 

Go Moola Nova!

:pirateship:

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Just now, blueskyline said:

My apologies Synopsis . I took that post down . I meant to say that I DO NOT remember them using fils since they removed them from circulation . 

 

:twothumbs: It's ALL Good, BlueSkyLine, AND Thank You For The Further Update!!! :tiphat:

 

Exciting Good News!!! :backflip:

 

Go Moola Nova!

:pirateship:

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of the shareholders of the Iraqi seed distributing profits of 500 fils per share[/size]
1024%20(4).jpg

 Twilight News    

 23 hours ago



 

The Iraqi Seed Production Company (AISP), listed on the Iraq Stock Exchange, agreed to distribute cash dividends of 500 fils per share.

 

The company explained in a statement to the stock exchange, that the distribution represents 50% of the company's paid capital, 

 

The company's current capital is 10.5 billion dinars, distributed over 10.5 billion shares, with nominal nominal value of one dinar per share.



Keywords: 


http://www.shafaaq.com/ar/Ar_NewsReader/e477d9f2-4d3e-4bad-91aa-59fc898a91af

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 Market


Economy News _ Baghdad

The Iraqi market for securities, on Sunday, that the market traded during the month of November last year of the current 90 billion shares and the value of 37 billion dinars. 
The Executive Director of the market, Taha Ahmed Abdul Salam, in a statement received "Economy News" a copy of it, "The Iraqi Stock Exchange organized (20) trading session of securities during the month of November 2018, and did not organize the trading session for Tuesday, 20 / 2018 coinciding with the holiday of the Prophet's birth. " 
"The number of companies listed in the market reached (104) companies, where the number of companies traded shares during the month of November (55) shareholding companies, while the number of shares traded (90) billion shares and the value of (37) billion dinars "He said.
He added that "the number of contracts executed during the same month, amounted to (5867) contracts and closed the index of the price of shares traded 60 ISX in the first trading session in the month of November at (504.010) point, and closed at the last session on (498.020) points, 1.2% ". 
He pointed out that "the number of shares listed in the market, amounted to (11.956) trillion shares, and the market capitalization market capitalization of listed companies (11.588) trillion dinars."


Views 42   Date Added 02/12/2018

 
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stock market
  

 Market


Economy News Baghdad

The stock market recorded a gain of 0.29% on Sunday, at 499.48 points.

The performance of the index led to the rise of eight shares advanced by Gulf Commercial Bank by 5.88%, followed by chemical and plastic shares by 4.69%.

On the other hand, two shares fell, the first of which was the city of Al-Karkh by 1.19% and Baghdad for soft drinks by 0.56%.

Today's volume reached 440.1 million shares, worth KD 354.1 million.

National Bank topped the day with volume trading at 107.1 million shares.


Views 17   Date Added 02/12/2018

 
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2 minutes ago, navira said:

Can't find the news but Iraq begins to trade its currency globally

hope this is true big NEWS if true !!! thank you in advance if you validate story!! :salute:

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