Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement

[yota691]

The stock exchange decided to transfer the circulation of 19 companies from the regular market to the secondary market

 

Stock Exchange «Economy News»

Market Economy News Baghdad: The exchange decided to transfer the circulation of 19 companies from the regular market to the secondary market. A source in the stock market for "Economy News", "The stock exchange decided to transfer the circulation of 19 companies from the regular market to the secondary market because of the decline in the annual volume of trading." Views 31   Date Added 01/04/2018

[yota691]

The Iraq market: a decline in trading volume and a rise in value during the past week

 

Sunday, April 1

 

 

 

 

Alsumaria News / Baghdad  announced that the Executive Director of Market Iraq Stock Exchange Taha Ahmed Abdul Salam , Sunday, recording a decline in the volume of trading and the rise in the value of stocks traded during the last week with the participation of 45 companies.  Said Abdel - Salam said in a statement Alsumaria News received a copy of it, "market systems during the week ended twenty - ninth of March last five trading sessions in the formal market and in the second market , " noting that " the number of listed companies in the market amounted to 102 joint - stock company, of which 54 Listed company in the regular market and 48 listed companies in the second market. "     "The market traded shares of 36 companies in the regular market and 9 companies in the second market, while did not trade during the meetings last week shares of 33 companies," pointing out that "the number of transactions executed last week amounted to 2372 deal compared to 1967 deal for the week before "He said.  He added that "the number of shares traded last week amounted to 20.041 billion shares compared to 28.557 billion shares for the week before, down by 29.8%," noting that "the index closed the ISX 60 last session of last week at 632.57 points, down 0.97% "He said.  He pointed out that "the number of shares purchased from non-Iraqi investors last week 484 million shares, up by 33% compared to the week before and the value had reached one billion dinars through the implementation of 323 transactions on shares of 9 companies, which also rose by 107%. He pointed out that "the number of shares sold by non-Iraqi investors last week amounted to 400 million shares, up by 1.969% compared to the week before and the value amounted to 410 million dinars through the implementation of 122 transactions on the shares of 5 companies, up 400%.  It is noteworthy that the Iraqi market for securities used electronic trading systems and central depository since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions weekly from Sunday to Thursday, and included 101 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels .

[yota691]

The volume of trading in Iraq’s securities market declined and its value rose during the last week

By

 rami

 -

April 1, 2018

13

0

 

 

 

The Executive Director of the Iraqi market for securities Taha Ahmed Abdul Salam, on Sunday, a record decline in the volume of trading and a rise in the value of trading during the week with the participation of 45 companies.
“The market organized during the week ending March 29 five trading sessions in the regular market and in the second market,” Abdulsalam said in a statement. “The number of companies listed on the market reached 102 joint stock companies, 54 of which are listed in the regular market And 48 listed companies in the second market. ”
Abdul Salam added that “the market traded shares of 36 companies in the regular market and 9 companies in the second market, while did not trade during the sessions last week shares of 33 companies,” pointing out that “the number of transactions executed last week amounted to 2372 deal compared to 1967 deal for the week before “He said.
He added that “the number of shares traded last week amounted to 20.041 billion shares compared to 28.557 billion shares for the week before, down by 29.8%,” noting that “the index closed the ISX 60 last session of last week at 632.57 points, down 0.97% “He said.
He pointed out that “the number of shares purchased from non-Iraqi investors last week 484 million shares, up by 33% compared to the week before and the value had reached one billion dinars through the implementation of 323 transactions on the shares of 9 companies, which also rose by 107%.”
He pointed out that “the number of shares sold by non-Iraqi investors last week amounted to 400 million shares, up by 1.969% compared to the week before and was valued at 410 million dinars through the implementation of 122 transactions on the shares of 5 companies, up 400%.
It is noteworthy that the Iraqi market for securities used electronic trading systems and central deposit since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions a week from Sunday to Thursday, and included 101 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels .

[yota691]

International index: Iraq stock market among the top 10 global markets

 

 

Twilight News    

 3 hours ago

The Iraqi stock market index has risen about 10 percent since the beginning of 2018, ahead of other similar markets, making it among the top 10 markets in the world, according to the Morgan Stanley Index. 
According to the Wall Street Journal, Iraq's financial market, in the upscale Mansour district of Baghdad, has defied the violent volatility that hit global markets this year. 
Shares in listed companies are among the best performing companies in the world in the first quarter of this year, the paper said. 
Investors are betting on the country's economic recovery after a defeat in a three-year war that destroyed large parts of the infrastructure, causing damage to those companies in the past period.
"Iraq is like other early markets, such as post-Soviet Russia and others, which have done well for investors," said Grant Philgenhauer, director of the Furat Consulting Foundation, which runs the Iraq-Euphrates Fund. 
"The fund has invested $ 130 million in the Iraqi securities market and has risen more than 31 percent in the first quarter of 2018," he said. 
The Iraqi stock market has a market value of about $ 10 billion, relatively small compared to other similar markets such as Argentina and Vietnam, and even regional markets in Saudi Arabia and Kuwait.

Keywords: 

[yota691]

The profits of «Silk for Financial Transformation» jump 509% in the first quarter

 

Currency of the Dinar

Banks Economy News Baghdad: The Financial Statements of the Silk Transformation Company (MTAH), listed on the Iraqi Stock Exchange, showed a 509% rise in first quarter earnings for the first quarter of 2018 compared to the first quarter of 2017. The company said in a statement on Monday that its profit amounted to 305.28 million dinars (256.27 thousand dollars), compared to profits of 50.11 million dinars (42.06 thousand dollars) in the first quarter of 2017. The increase in commission income received during the first quarter of 2017 was KD 449.48 million compared to JD 323.38 million in the comparable quarter of 2017. While the current expenses declined during the quarter to about 138 million dinars, compared to 273.27 million dinars in the first quarter of 2017. By the end of 2017, the company's profits jumped 129% to KD 1.18 billion, compared to profits of KD 515.83 million for the year 2016. Views 54   Date Added 02/04/2018

[nannab]

 Good afternoon Yota and DV. 

[Butifldrm]

market economy up 84%

 

 Twilight News    

 

 3 hours ago

 

 

Shafaq News / The Iraqi market for securities increased significantly by 84% in volume during the month of March compared to February of this year through the circulation of 61 companies. 
The Executive Director of the market Taha Ahmed Abdul Salam said in a statement that the Iraqi market for securities organized during the month of March of this year (19) trading session, as the number of companies listed in the market (101) joint stock companies, while the number of companies traded their shares in the market during The same month (61) company. 
He pointed out that the number of shares traded during the month of March reached (81) billion shares and measured in February was the rise rate of 84% after the number of shares traded (44) billion shares in February, while the value of shares traded during the month of March was (40) billion dinars (5%) compared to the month of February, which amounted to (38) billion dinars.
The index of the market prices of shares traded in the last session of the month of March closed at (632) points, achieving a decline of less than half a percentage compared with the close of the last session of the month of February (635) points, while the number of contracts executed during the month March (12) thousand deal. 
And the circulation of foreign investors in the purchase between Abdul Salam to the amount of (1.8) billion shares worth (3) billion dinars on the shares (19) joint stock companies, while the circulation of foreign investors in the sale (1.3) billion shares worth (1) billion dinars on shares (16) joint stock company.

 

Keywords: 

 

http://www.shafaaq.com/ar/Ar_NewsReader/9a534431-93f5-435c-b06e-d3af861b6bb9

[dinarham]

Wow !

[Butifldrm]

The stock market rose during the month of March

 

Iraqi Stock Exchange «Economy News»

Market

Economy News Baghdad: The Stock Exchange announced on Tuesday that it achieved a remarkable increase of 84% in volume during the month of March compared to February of this year through the trading of 61 companies. The Executive Director of the market Taha Ahmed Abdel Salam said in a statement, received by "Economy News", "The Iraqi stock market organized during the month of March of this year (19) trading session, the number of companies listed in the market (101) The number of companies traded in the market during the same month (61) companies. He pointed out that the number of shares traded during the month of March reached (81) billion shares and measured in February was a rise of 84% after the number of shares traded (44) billion shares in February, while the value of shares traded during the month of March was (40) billion (5%) compared to the month of February, which amounted to (38) billion dinars. "The index of the market prices of shares traded in the last session of the month of March closed at (632) points, achieving a decrease of less than half a percentage compared to the close of the last session of the month of February (635) points, while the number of contracts executed during The month of March (12) thousand deal. " On the circulation of foreign investors in the purchase, he pointed out that "it reached (1.8) billion shares worth (3) billion dinars on the shares (19) joint stock companies, while the circulation of foreign investors in the sale (1.3) billion shares worth (1) billion dinars on shares (16) joint stock company ".   http://economy-news.net/content.php?id=11820

[Butifldrm]

Worried About a Global Markets Meltdown: Try Iraqi Stocks

Companies listed on the frontier market are up 10% this year as investors bet on post-Islamic State economic recovery

 

 

 

Ali Nabhan

April 1, 2018 7:00 a.m. ET

5 COMMENTS

 

BAGHDAD—Iraq’s stock market, tucked behind blast walls in an upscale part of Baghdad, is defying the violent swings that have struck the global markets this year.

Shares of companies listed on the frontier market are among the world’s top performers in the first quarter as investors bet on the country’s economic recovery following the defeat of Islamic State. The three-year war destroyed parts of the country’s infrastructure, leaving many businesses struggling.

As the government seeks to rebuild the war-ravaged country with the help of foreign aidand investments, investors are buying up shares of Iraqi companies they expect to benefit the most from those efforts—from banks and industrials to telecommunications firms and hotels.

The Iraq Stock Exchange benchmark ISX index is up about 10% this year, ahead of other similar frontier markets that are up 0.6%, according index provider MSCI Inc., MSCI -0.16%placing it among the top 10 markets globally. Those gains come even as many other stock markets have been hard hit by worries of an imminent bear market after a multiyear bull run.

Iraq’s market missed out on that cycle, losing about 60% of its value over the past three years since Islamic State militants took over around one third of the country in 2014. That drop also coincided with a steep fall in the price of oil, the government’s biggest revenue earner.

 

‘You’ve got very cheap assets, very few foreign investors, misunderstood politics and a wave of oil liquidity coming into a very small capital market’

—Grant Felgenhauer, principal of Euphrates Advisors

“Iraq today resembles other early-stage markets—like post-Soviet Russia and others—that ended up performing well for investors,” said Grant Felgenhauer, principal of Euphrates Advisors, which manages the Euphrates Iraq Fund. The fund has $130 million invested in the Iraqi stock market and is up more than 31% in the first quarter of 2018, according to Mr. Felgenhauer.

“You’ve got very cheap assets, very few foreign investors, misunderstood politics and a wave of oil liquidity coming into a very small capital market. The pieces are falling into place for good things to happen,” he said.

 

With a market capitalization of around $10 billion, the Iraqi bourse is relatively small compared with other similar frontier markets such as Argentina and Vietnam and even regional markets such as Saudi Arabia and Kuwait. Just over 100 companies are listed on the stock market, accounting for an average daily turnover of around $1 million to $2 million.

 

A frontier market is generally thought to be a developing country that is much smaller than what many index compilers classify as an emerging market.

As security in the Iraq improves and oil stabilizes at relatively higher prices, investors are focusing again on the country’s economy.

Iraq’s gross domestic product is forecast to grow by 3% in 2018, after contracting last year, according to the International Monetary Fund. That growth is expected to increase once Iraq receives the tens of billions of dollars its allies have committed to help finance the country’s reconstruction and development, which the World Bank estimates will cost $88 billion.

At an investment conference in February, Baghdad showcased more than 150 projects—from hospitals and factories to airports and resorts—receiving pledges worth as much as $30 billion in aid, investments and loans. Prime Minister Haider al-Abadi has vowed to reduce corruption and red tape to attract more investors and boost the private sector.

“We are in the very early stages of recovery,” said Ahmed Tabaqchali, the chief investment officer of Asia Frontier Capital’s AFC Iraq fund. He decline to say how much the fund has invested in the Iraqi market.

 

Baghdad’s stock exchange, like most other Middle East markets, is dominated by local investors who tend to buy and sell shares with a short-term outlook.

But foreign investments have increased in recent months. The number of foreign funds invested in the stock market has increased to 50 in 2018 compared with 30 last year, accounting for around 20% of the market, said the head of the stock exchange, Taha Ahmed al-Rubaye. He declined to give the value of their investments.

Foreign investors have long eyed frontier markets such as Iraq for relatively higher growth compared with developed markets, but remain cautious about the wider challenges that come with them—from outdated or opaque legislation to unreliable trading and banking systems.

Iraq also faces other risks including the reemergence of the insurgency that could disrupt the country’s redevelopment plans. A parliamentary election in May will be keenly watched.

“A dysfunctional non-oil economy,” is another problem, said Suha Najjar, founder of Akkadia Partners, a boutique investment bank with a focus on Iraq.

Mr. Rubaye said officials are taking steps to improve the market’s attractiveness to foreign investors, for instance by asking for the appointment of a custodian bank to guarantee transactions.

Some stocks, meanwhile, are rallying. Baghdad Soft Drinks, a PepsiCo Inc. bottler and leading consumer company, has gained 56% this year. Asiacell is up 67% as the telecom company regains subscribers lost in areas controlled by Islamic State.

“We are looking with optimism at what’s taking place in the stock market and the economy,” said Shwan Ibrahim Taha, chairman of Rabee Securities, one of the biggest brokers in Iraq.

“But really Iraq needs to work very hard,” he added.

Write to Isabel Coles at isabel.coles@wsj.com and Ali Nabhan at ali.nabhan@wsj.com

Appeared in the April 2, 2018, print edition as 'Iraqi Stocks Defy Swings.'

 

https://www.wsj.com/articles/worried-about-a-global-markets-meltdown-try-iraqi-stocks-1522580403

[NextYear]

This is all well and good but what about your currency Iraq?

[Officiallytook]

This is helping us and their money's exchange rate

[yota691]

Bourse opens 0.38%

 

Iraqi Stock Exchange «Economy News»

Market Economy News Baghdad : The general index of the bourse closed Sunday, down 0.38%, closing at 618.63 points. The performance of the index today was down 16 shares, the majority of which was the banking sector. The shares of metal and bicycles decreased by 5.80%, and the share of the North Bank by 5.26%, and United Bank shares by 4.76%. On the other bank, 7 shares rose, followed by Bank of Mosul (4.35%) and Asia Telecom (2.35%). The volume of trading today, to 1,748 billion shares, and the value of trading to 891 million dinars. The number of shares purchased by non-Iraqi investors reached (85) million shares worth JD (115) million through the implementation of (84) transactions on the shares of (9) companies. While the number of shares sold by non-Iraqi investors (20) million shares valued at (72) million dinars through the implementation of (53) deal on shares (5) companies. Views 12   Date Added 04/08/2018

[Pitcher]

The general index of the Iraqi Stock Exchange ended trading Wednesday, April 11, 2018, after falling for 6 consecutive sessions.
The index ended the day up 0.31% to close at 618.84 points, gaining 1.89 points from Tuesday’s close.
9.9%, followed by Bank of Baghdad 1.69%, followed by date manufacturing 1.48%, Canadian vaccine production 0.96%, and modern sewing 0.83%.
In contrast, 5 shares, led by Al-Mansour Hotels, fell by 4.26%, Credit Bank by 1.52%, Al-Karkh Games City by 0.58%, Metal and Bicycles by 0.52% and Ishtar Hotels by 0.38%.
The volume of trading today to 1.37 billion shares, compared to 1.44 billion shares in yesterday’s session, and decreased the value of trading to 630.96 million dinars, compared to 702.51 million dinars in the previous session
Gulf Bank was the top performer in volume and value for the second consecutive session with 1.06 billion shares trading at KD 318.15 million.

 

http://en.economiciraq.com/2018/04/11/iraq-stock-exchange-rises-after-six-consecutive-sessions/

[ChuckFinley]

Thanks  Pitcher, ok I look forward to your posts man. 

[Pitcher]

Thanks Chuck, I read 15-20 articles on Iraq daily along with what I read on this board. I try to post only the news that may give us some kind of a clue about the rate change or the transformation of Iraq. There are still too many articles about Isis and other mayhem.  Iraq is still a country with a lot of dangerous people and it has many many problems!!  

[yota691]

The price of the dollar and the currencies today in the Baghdad Stock Exchange

Date of release: 2018/4/13 10:51 • 167 times read

[Ayn-Baghdad] 
Foreign exchange markets in Baghdad, on Friday morning, stabilized at the dollar exchange rate against the Iraqi dinar.

The market price on the Kifah Stock Exchange in Baghdad was 1205 dinars per dollar, ie 120 thousand and 500 dinars per hundred dollars. 
The prices of selling and buying dollars in banking companies were: 
the selling price of one dollar 1210 dinars, or 121 thousand dinars, for one hundred dollars. 
And the purchase price of the dollar at 1200 dinars, or 120 thousand dinars, for one hundred dollars. 
Foreign Exchange Rates: 
Euro International Price: 100 Euro = 123.25 USD The 
World Price: 100 Bounds = 142.34 $ The 
Turkish Lira The International Price: $ 100 = 410.10 Turkish Lira.

[yota691]

Launching trading on the shares of Al-Mansour Bank

 

Market Economy News Baghdad The stock exchange on Sunday announced the launch of trading on the shares of Al-Mansour Bank after a suspension of days because of the meeting of the General Assembly.  The Stock Exchange said in a statement received by the "Economy News" that "trading was launched on the shares of Al-Mansour in a meeting on Sunday, after the decision of the General Assembly held in 2018/3/29 to approve the final accounts for 2017, and the approval of a dividend of 5% Of the company's capital of (250) billion shares. " Views 19   Date Added 15/04/2018

[yota691]

The stock exchange is down 0.76% at the beginning of the week

 

Market Economy News Baghdad The bourse closed Sunday, down 0.76% at 614.16 points.  The decline of 4 stocks on the performance of the index, led by the shares of the Islamic Bank of Elaf by 6.45%, followed by Baghdad for soft drinks by 2.52%, and shares of Ceyhan by 1.82%.  Nine shares rose, led by Ahlia Agricultural Production by 7.76%, Canadian shares for the production of vaccines by 6.67%, and the shares of manufacturing and marketing dates by 5.84%.  The volume reached 2.247 billion shares, worth 968 billion dinars.  The number of shares bought by foreign investors 32 million shares, worth 25 million dinars, with the implementation of 20 transactions, the shares of 6 companies.  While foreign investors sold 64 million shares, worth 34 million dinars, with the implementation of 30 deal, the shares of four companies. Views 8   Date Added 15/04/2018

[yota691]

Commercial bank invites its shareholders to receive profits of 2015

 

Market Economy News Baghdad The Commercial Bank on Sunday called for a contribution to review the bank's headquarters to receive dividends in 2015 by 2.6%.  "The bank is calling on its shareholders to receive profits in 2015 and 2.6 percent of the bank's capital," the bourse said in a statement received by Al-Iktissad News. "The distribution starts on 18/2/2018 from 7 am to 12 noon."  "The sukuk will only be handed over to its original owners or under a certified agency or through its brokerage company," the statement said. Views 10   Date Added 15/04/2018

[yota691]

Last Post: 21-04-2018 12:37 PM

Iraq's stock market is witnessing a rise in the value of shares

 

 

 

The Iraqi stock market witnessed on Saturday a rise in the value of shares and a decline in the volume of circulation through the circulation of 47 companies. 

"The Iraqi Stock Exchange organized during the week ending 19 April five trading sessions in the regular market and three sessions in the second market and traded during the sessions last week shares (44) companies in the regular market and ( 3) companies in the second market did not circulation during the sessions last week shares (33) companies with the number of companies suspended from trading (22) companies'. 

He added that 'the value of shares traded for last week amounted to (16.913) billion dinars compared to (14.594) billion dinars for the week before which a rise by (15.9%) while the number of shares traded last week (19.201) billion shares compared to (20.889) billion shares for the week before Down 8.1%.

"The number of transactions executed last week reached (2022) transactions compared to (1236) for the week before, closing the ISX 60 index in the last session of the week (610.76) points, down by (1.3%) from the close of the week before when Close at (618.84) points'. 

He pointed out that 'the indicators of the circulation of non-Iraqi investors in the Iraqi market for securities and the number of shares purchased from non-Iraqi investors last week amounted to (228) million shares, up 60%, and the value amounted to (316) million dinars through the implementation of 166 transactions on shares (15) ). The number of shares sold by non-Iraqi investors last week reached (237) million shares, up 243% and the value was (153) million dinars through the implementation of (88) deal on shares (6) companies down 44% ).

The number of companies listed on the market is (102) joint stock companies, of which (73) listed companies in the regular market and (29) listed companies in the second market.

[ChuckFinley]

Thanks Yota,

Slowly and steadily the market and dinar have been rising. I am reading a lot of   from that. 

[blueskyline]

Thank You Yota.  GM DV's..............

[yota691]

Stock Exchange .. Efforts to issue the law of trading securities

25/4/2018 12:00 am  Encouraging the promotion of government bonds needs a culture of  Baghdad / Mustafa al-Hashemi  Iraq's stock market seeks to activate an important aspect in the national economy is to encourage trading on stocks, as well as to activate the mechanisms of trading bonds because the activity includes regulation of dealing and trading securities and control.   According to the Executive Director of the market, the market plans include two types of mechanisms, the first is to regulate the trading of securities through trading sessions from Sunday to Thursday on the shares of the listed companies of 102 companies through brokerage companies that carry out orders for the sale and purchase of Iraqi and foreign investors on the instructions And the rules available on the Iraq Stock Exchange website. "The second pillar is to ensure the implementation of the stock settlement and financial clearing procedures by transferring the money to be bought from the buyer to the seller and transferring the shares sold from the seller to the buyer on the same trading day," Taha Ahmed Abdul Salam, the market's executive director, said during a meeting with Sabah. . Four axes Abdel Salam stressed the existence of a development that the market seeks to achieve through four important axes: "Issuing the investment and trading securities law, which should add new investment outlets and job opportunities, namely the ability to establish investment funds, manage investment portfolios and issue certificates of deposit. International and corporate governance mechanisms. " He pointed to "the market's efforts to issue instructions for the organization of trading operations based on short selling and borrowing shares, as well as attracting international banks to regulate the custodian and guarantor bank to attract long-term investments, especially large foreign investment funds."  He stressed that the market also seeks to "promote the promotion of government bonds and encourage companies to issue private bonds and circulation by investors, which need to raise awareness and the dissemination of a special culture that banks still acquire government bonds and do not resort to circulation in the stock market." The Iraqi Stock Exchange called on the holders of the national bonds / second issue to deposit and register the bonds they own in the depository center and to trade them for sale and purchase during the period of the continuous session until the date of its amortization on 2/4/2019, where the rate of change of the bond price will be 5% And minimum after all the required procedures are completed in accordance with the instructions of government bonds. Stock prices Abdul Salam Bin said that the market attaches utmost importance to three topics, namely, "daily disclosure of the fundamental events and quarterly and annual disclosure of the financial status of the shareholding company, and the decisions of public bodies and follow-up procedures disclosure and implementation of the policy divided earnings distributed to shareholders as one of the important factors attractive to trade and change the prices of shares traded; As well as to give great importance to the development of systems and software to protect the rights of dealers and to increase control and consistency of procedures applied using electronic systems "as well as" the development of instructions and rules that add new investment outlets and modern mechanisms of work Similar to the Arab and international stock markets, which need to develop the prevailing laws as it will add to the capital formation of the Iraqi economy and create new jobs in the economy. " Market plans On the plans implemented by the Iraqi market for securities during 2018 Abdul Salam said it is based on the axes of "disclosure and dissemination of the culture of investment securities through the establishment of workshops for students of Iraqi universities," asserting that the Iraqi market for securities organized five workshops during the first quarter of 2018 .  He pointed out that "the workshops have been implemented for the faculties of administration and economics, University of Baghdad Accounting Department / Phase III, College of Science City University Accounting Department / Phase III, Central Technical University / Technical Technical College / Department of Financial and Accounting Techniques / Graduate Students / Masters, / Department of Business Administration / Phase III, as well as the Faculty of Mansur University Department of Business Administration / Phase III  He pointed out that "  "  The Iraqi Stock Market plans also aim to" train staff in investment departments and management of investment portfolios in Iraqi banks and brokerage companies on the advanced training programs organized by the Arab Academy for Finance and Banking at the headquarters of the market to raise awareness and the ability to create new investment opportunities " .  He pointed out that "the market plans to develop systems and software by providing instant and timely information to customers through electronic applications, as well as urging companies to list their shares in various sectors, especially industrial and extractive companies."

[yota691]

The stock market records the circulation of more than one billion shares and the value exceeded two billion dinars

Readers

 

 

The stock market records the circulation of more than one billion shares and the value exceeded two billion dinars

 

25-04-2018 02:36 PM

 

The Euphrates -

 

The Iraqi market for securities today trading shares exceeded one billion shares and a value of 2 billion dinars 
The market price of ISX 60 closed today at (606.35) points, up by (0.01) from the close of the previous session (606.31) points, where he reached The number of shares traded (1,319,740,096) shares, while the value of (2,474,887,049) dinars. 
Between Abdul Salam and the market also traded shares (27) companies out of (102) listed companies where the number of companies suspended by a decision of the Securities Commission for non-compliance with financial disclosure instructions (22) company 
The number of shares purchased by non-Iraqi investors reached 454,820 million shares valued at JD 1,831,176 million through the execution of 32 transactions on shares of 5 companies. The number of shares sold by non- (1,016,807) million shares valued at (1,810,683) million dinars through the implementation of (47) deal on the shares of two companies only 
As for the number of shares sold by non-Iraqi investors in the second market, Abdel Salam said that it reached (300) thousand shares worth (364) thousand dinars through the implementation of (3) deal on the shares of one company only.