The Iraq Stock Exchange suspends its activities for 12 days

[yota691]

The Iraq Stock Exchange suspends its activities for 12 days

 

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2020-07-27 04:14

 

Shafaq News / The Iraq Stock Exchange announced, on Monday, that it will suspend its activities for 12 days on the occasion of Eid Al-Adha and a curfew.

The market said in a statement received to Shafaq News, "In compliance with the timing of the official holiday declared in Iraq, the market administration decided not to organize trading sessions for the days of July 29 and for a period of 12 days to coincide with the Eid al-Adha holiday."

And the market added, "The first trading session in the Iraq Stock Exchange will be from Sunday 9/8/2019."

It is noteworthy that the Iraq Stock Exchange has used electronic trading systems and central depository since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions per week from Sunday to Thursday, and it includes 105 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels.

 

[yota691]

 

Monday 27 July 2020 | 12:35 pm

| Views: 55

The Iraq Stock Exchange suspends its activities for 12 days

 

The Iraq Stock Exchange announced, on Monday, to suspend its activities for 12 days on the occasion of Eid Al-Adha and the curfew. The market said in a statement, "In compliance with the timing of the official holiday declared in Iraq, the market administration decided not to organize trading sessions for the days of July 29 and for a period of 12 days to coincide with the Eid al-Adha holiday." And the market added, "The first trading session in the Iraq Stock Exchange will be from Sunday 9/8/2019." It is noteworthy that the Iraq Stock Exchange has used electronic trading systems and central depository since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions per week from Sunday to Thursday, and it includes 105 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels

[WheresmyRV?]

I wish we had half the holidays that Iraq has.

[ronscarpa]

1 hour ago, yota691 said:

The Iraq Stock Exchange suspends its activities for 12 days

The Iraq Stock Exchange announced, on Monday, to suspend its activities for 12 days on the occasion of Eid Al-Adha and the curfew. 

 

Thanks Yota...I hope the CBI does something by the time the ISX re-opens...RON

[8th ID]

I second that. If they would ever get off of their butts and do something, I would have a whole bunch of holidays!

[horsesoldier]

I imagine the popular refrain is ... “ No time to vote on that, we’ve got to prepare for the upcoming holidays “ ( they need at minimum 2weeks to prep ). Adding Prep and Holidays leaves oh say about 45 days throughout the year to get ( nothing ) stuff done and still collect a paycheck 

[King Bean]

3 hours ago, WheresmyRV? said:

I wish we had half the holidays that Iraq has.

 

Don't blink. There are 4....YES 4....other holidays in August alone.

            Amazing they ever manage to get anything done.

                                Wait.............they DON'T !!!

 

               

 

             GOI. As phony as William Shatner's acting !! 

 

 

[ronscarpa]

  9 hours ago, yota691 said:

The Iraq Stock Exchange suspends its activities for 12 days

The Iraq Stock Exchange announced, on Monday, to suspend its activities for 12 days on the occasion of Eid Al-Adha and the curfew. 

 

Thanks Yota...I hope the CBI does something by the time the ISX re-opens...RON

 

Also worth noting is the CBI has not had an Auction since last Thursday (23rd)..RON

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[thankins]

10 hours ago, yota691 said:

And the market added, "The first trading session in the Iraq Stock Exchange will be from Sunday 9/8/2019."

And, what year are we in?

[yota691]

13 hours ago, thankins said:

And, what year are we in?

It should read 08/09/2020 and GM DV