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The Iraqi Stock Exchange will stop for nine days


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 2021-01-04 06:39
 

Shafaq News / The Iraq Stock Exchange announced at the opening of its first session of this year on Monday, that more than 880 million shares have been traded, with a financial value of 600 million dinars.

The market said in a report seen by Shafaq News, "The number of companies whose shares are traded during the day reached 23 out of 104 companies listed in the market."

The market added that "the number of traded shares amounted to 886 million and 170 thousand shares, with a financial value of 601 million dinars, while the ISX60 traded price index closed at 500.80 points, registering a 1.42% decrease from its close in the previous session."

"Shares purchased from non-Iraqi investors reached 65 million shares, with a financial value of 51 million dinars through the implementation of 22 deals on shares of 5 single companies," while shares sold by non-Iraqis in the market reached 8 million shares, with a financial value of 31 million dinars through the implementation 18 deals on shares of one company.

It is noteworthy that the Iraq Stock Exchange has used electronic trading and central depository systems since 2009 and seeks to launch an Internet trading system for investors, and organizes five trading sessions per week from Sunday to Thursday, and it includes 104 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels.

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Iraq Stock Exchange
  

 Market


Economy News - Baghdad

The stock market index continued its decline, on Tuesday, after losses made by 8 companies.

The Stock Exchange decided not to organize a trading session for tomorrow, Wednesday, on the occasion of the centenary of the establishment of the Iraqi army.

The index decreased by 1.21%.

And 596.5 million shares were traded, worth 706.1 million dinars.

The shares of 8 companies provided by the ready-to-wear shares decreased by 4.96%, followed by the shares of Baghdad for soft drinks by 4.81%.

While the shares of 7 companies provided by the shares of Bank Across Iraq increased by 8.57%, followed by the shares of the Mosul Bank Company by 7.69%.

Foreign investors sold 44 million shares at a value of 67 million dinars, after executing 37 deals on shares of three companies.

 
 
Number of observations 60   Date added 01/05/2021
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The Executive Director of the Stock Exchange, Taha Ahmed Abdel Salam. "Economy News"
  

 Market


Economy News - Baghdad

The Stock Exchange announced, Tuesday, that during the past year, foreign investors acquired 10% of its trading volume.

The Executive Director of the Stock Exchange, Taha Ahmed Abdel Salam, said in an interview with "Al-Eqtisad News", to be published later, that "the changes that the world witnessed during the year 2020 greatly affected the activity of the market and shareholders."

Abdul Salam added that "some companies listed on the stock exchange invested the partial ban period in completing their requirements related to the quarterly and annual reports," noting that "the stock exchange includes companies from various agricultural, industrial, banking and other sectors."

He revealed that "17% of the shares deposited in the stock exchange's depository center belong to foreign investors," indicating that "foreign investors accounted for 10% of the transactions that took place during 2020, which is a very acceptable percentage for us."

The CEO emphasized that the biggest challenge facing the Stock Exchange in 2021 is to develop instructions and regulations for trading to attract new investors and shareholders and encourage unlisted companies to list on the stock exchange.

He added, "We are working on amending the Companies Law, especially with regard to supporting small shareholders and strengthening their position in making critical decisions."

 
 
Number of observations 73   Date added 01/12/2021
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The Independent / Amal Nabil / The Iraqi Stock Exchange indices stabilized in the Green Zone for the first time in the new year at the end of today's session, Tuesday, midway through the week’s trading.
The general index of the Iraq Stock Exchange increased by 0.05% to reach the level of 486.15 points.
During today's trading, 4.9 million shares were traded at a value of 4 million Iraqi dinars.
During today's trading, 26 companies were traded, of which 6 companies rose, 10 companies decreased, while the prices of 10 companies stabilized without change.
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  • 2 weeks later...
Editing date: 01/21/2021 14:11 • 51 read times
[Baghdad-Where]
The Iraq Stock Exchange announced at the conclusion of its sessions on Thursday that more than 300 million shares were traded, with a financial value of 500 million dinars.
The market said in a report, "The number of companies whose shares are traded during the day amounted to 34 companies out of 104 companies listed on the market," indicating that "the number of companies suspended by the decision of the Securities Commission for not adhering to financial disclosure instructions reached 24 companies."

He added that "the number of shares traded for today reached 3.9 million shares, with a financial value of 508 million dinars, through the implementation of 477 deals," noting that "the ISX60 traded price index closed at 491.56 points, recording stable than it closed in the previous session."


He pointed out that "the shares purchased from non-Iraqi investors amounted to 14 million shares, with a financial value of 53 million dinars through the implementation of 37 transactions on the shares of 4 companies, while the shares sold by non-Iraqis in the market amounted to one million shares, with a financial value of 7 million dinars through Execution of 2 transactions on the shares of one company.

He continued, "The most profitable companies were the Petroleum Products Transport Company, with a change of 20%, followed by the Mosul Bank Company, with a change of 7.69%, while the most losing companies were the Islamic Al-Attaa Bank, with a change of -6.67%, followed by a date manufacturing and marketing company with a change of 4% ".
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The independent / Amal Nabil / The Iraqi Stock Exchange indices stabilized in the Green Zone at the end of the trading session on Thursday, and the general index of the Iraq Stock Exchange stabilized at yesterday's session level to close at 491.57 points.

 

During today's trading, 309.59 million shares were traded at a value of 508.05 million dinars, through the execution of 477 transactions.

Among the shares of 34 companies, shares of 5 companies increased, and 11 companies decreased.

Transactions of foreign investors

The number of shares purchased from non-Iraqi investors in the market reached 14 million shares, at a value of 53 million dinars, through the implementation of 37 deals on shares of 4 companies.

The number of shares sold by non-Iraqi investors in the market reached one million shares, at a value of 7 million dinars, through the implementation of 2 transactions on the shares of one company.

The most profitable companies

 

1- Transportation of petroleum products.

2- Bank of Mosul.

3- Asia Cell Communications.

Most losing companies

1- The Islamic Bid Bank.

2- Dates manufacturing and marketing.

3- Karbala Hotel

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 2021-01-24 06:21
 

Shafaq News / The Iraq Stock Exchange announced today, Sunday, during the opening of its sessions today, that more than 579 million shares have been traded, with a financial value of more than 800 million dinars.

The market said in a report reviewed by Shafaq News; "The number of companies whose shares are traded during the day amounted to 40 companies out of 104 companies listed in the market, indicating that 5 companies increased their shares and 12 companies decreased."

He added that "the number of shares traded for today amounted to 579 million and 356 thousand shares with a financial value of 833 million and 169 thousand dinars through the implementation of 488 deals," noting that "the ISX60 traded price index closed at 491.57 points, a decrease of 0.39% from its closing on." Previous session. "

He pointed out that "the shares purchased from non-Iraqi investors amounted to 622 thousand shares with a financial value of 360 thousand dinars through the implementation of one deal on the shares of one company, while the shares sold by non-Iraqis in the market amounted to 5 million shares, with a financial value of 18 million dinars through Execution of 14 transactions on the shares of one company.

He continued, "The most profitable companies were the Petroleum Products Transport Company, with a change of 19.64%, followed by the Agricultural Products Company, with a change of 10%, while the most losing companies were the Middle East Bank, with a change of -8.33%, followed by Mosul Bank, with a change rate of -7.14%. ".

It is noteworthy that the Iraq Stock Exchange has used electronic trading and central depository systems since 2009 and seeks to launch the Internet trading system for investors, and organizes five trading sessions per week from Sunday to Thursday, and it includes 104 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels.

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Iraqi Stock Exchange «Economy News»
  

 Market


Economy News - Baghdad

The Iraqi Stock Exchange closed today, Wednesday, 0.66% lower.

Investors traded shares of 22 companies, out of the 104 companies listed on the stock exchange, whose main index closed at 488.44. The traded shares reached 455.4 million shares, valued at 655 million dinars.

Shares purchased from foreign investors reached 952,000 shares, worth 3 million dinars, while foreigners sold 28 million shares, at a value of 50 million dinars.

The shares of product transportation companies and Baghdad of Iraq for general, chemical and plastic transport companies made the most profitable, while the shares of Al-Khair Investment and Furniture Industries and the Middle East Bank lost.

 
 
Number of observations 17   Date added 01/27/2021
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Movement to develop the Iraq Stock Exchange

Tuesday 09 February 2021 31

Movement to develop the Iraq Stock Exchange

 

 

 Baghdad: Hussein Thahab 
 

Empowering the Iraqi market for securities represents the goal of the next stage of the Securities Commission, as the volume of shares circulation is a mirror reflecting the economic activity in the country, and the Commission’s efforts are looking to reach a trading volume of 3 - 5 million dollars per day to be a semi-emerging trading market. 

The head of the Securities Commission, Faisal Al-Haimas, said to {Al-Sabah} «There is an active movement to develop the Iraqi market for securities in line with the economic potential of Iraq».

 
Poor circulation
He added, "The reality of stock trading in the market is below the level of ambition, which makes it imperative for us to work on studying the causes of poor trading and moving towards addressing them."
He pointed out that «Iraq has an economy not to be underestimated at the level of the region and the world and has the second oil reserves, and this large wealth in this sector, along with wealth in other sectors, could be more effective and this is positively reflected on the performance of the Iraqi stock market. 
 
Re-circulate
He revealed that «the commission examined the causes of poor circulation and found that a number of companies were suspended due to their failure to make disclosure, and this prompted us to issue decisions based on the reality of the situation that Iraq and the world went through due to the Corona pandemic, which was considered a force majeure, and we were able to re-circulate a number of companies And work continues to look at the reasons for the suspension and address that and return a number of companies to circulation ».
He pointed out that «this measure helped to move inactive funds by re-trading the shares of the suspended companies after raising the reasons and this returned the movement to the reality of stocks».
 
Maximize circulation
Al-Haims also confirmed, "There are plans to maximize trading and its value, by introducing a daily trading volume of 3 to 5 million dollars, and from here we have a semi-emerging trading market that contributes to attracting foreign investments." Pointing out that «this trend represents one of the most important goals that the Commission is working to achieve during the coming period».
He cautioned that «raising the level of foreign investments in the Iraqi market for securities requires the presence of attracting elements that contribute to this and the most important element of achieving profits by joint-stock companies and taking advantage of price variables in daily trading». 
He explained that «the legal environment for the functioning of the market is appropriate and appropriate to work, especially since the market is not modern and has been operating for a long time, and the country has wealth that makes us have a large stock market».
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 2021-02-16 06:47
 

Shafaq News / The Iraq Stock Exchange announced, on Tuesday, that more than 1.5 billion shares have been traded, with a financial value of more than 1.8 billion dinars.

The market said in a report seen by Shafaq News Agency, that "the number of companies whose shares are traded during the day reached 34 companies out of 104 companies listed in the market," indicating that "8 companies increased their shares, while 11 companies declined."

He added that "the number of shares traded for today reached one billion and 572 million and 101 thousand shares with a financial value of one billion and 849 million dinars through the implementation of 648 deals," noting that "the ISX 60 traded price index closed at 530.03 points, a decrease of 0.42% from its closing." In the previous session. "

He pointed out that "the number of shares purchased from non-Iraqi investors reached 95 million shares, with a financial value of 61 million dinars, through the implementation of 10 deals on shares of 3 companies, while shares sold by non-Iraqis in the market reached 32 million shares, with a financial value of 55 million dinars from During the implementation of 44 transactions on the shares of 4 companies.

He continued that "the most profitable companies were Al-Ahlia Insurance, with a change of 11.11%, followed by Al-Mansour Pharmaceutical Company, with a change of 4.76%, while the most losing companies were Al-Ahli Bank, with a change of -4.55%, followed by the Iraqi world with a change rate of -2.06%."

It is noteworthy that the Iraq Stock Exchange has used electronic trading and central depository systems since 2009, and organizes five trading sessions per week from Sunday to Thursday, and includes 104 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism and hotels.

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25479.jpg
stock market. "Economy News"
  

 Market


Economy News - Baghdad

The Iraq Stock Exchange announced, on Thursday, that it has organized 5 joint training programs with the Egyptian Stock Exchange through the Zoom application during the month of February.

 In a statement received by Al-Iqtisad News, the market said that the Iraq Stock Exchange (the stock exchange) organized "in cooperation with the Egyptian Stock Exchange (5) training programs for employees of the two exchanges through the Zoom application during February 2021."

The statement added that the training programs dealt with “rules and procedures for listing and delisting securities,” “disclosure and corporate governance,” in addition to “custodians”.

The training program also dealt with, according to the statement, "information technology" as well as "Egyptian stock market indicators."

The statement pointed out that "it is hoped that cooperation efforts will continue and the establishment of workshops through the application of Zoom between the two stock exchanges, since they are members of the Federation of Arab Exchanges ( AFE) in a way that serves the development of employees' performance and raising operational expertise.

 
 
Number of observations 167   Date added 02/25/2021
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 2021-02-27 07:55
 

Shafaq News / The main stock exchange in the Al-Kifah and Al-Harithi markets stopped trading today, Saturday, as a result of the comprehensive ban that was applied starting from Friday and continuing until tomorrow, Sunday.

This is the second time that the stock market closed its doors during the ban that was imposed on February 18th.

The Shafaq News Agency correspondent said that the main stock exchange in Al-Kifah and Al-Harithiya Market in Baghdad stopped trading due to the implementation of the comprehensive ban.

He added that the selling and buying prices have stabilized in the exchange shops in the local markets, some of which have opened their doors in Baghdad, where the selling price reached 145,750 Iraqi dinars, while the purchase prices reached 144750 dinars per 100 US dollars.

He pointed out that the Kurdistan Stock Exchange also did not trade due to an official holiday and it is scheduled to trade on Sunday.

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25479.jpg
stock market. "Economy News"
  

 Market


Economy News - Baghdad

The first session of the March sessions, the first sessions of this week, Monday, saw the stock market index rise by 1.31%.

During the meeting, 3.3 billion shares were traded, worth 1.8 billion dinars.

And 20 profitable companies contributed to raising the stock market index, while the index recorded a loss of 7 companies.

In turn, foreign investors sold 799 million shares, worth 497 million dinars, after executing 81 deals on the shares of 6 companies.

Shares of the Middle East Bank topped the traded companies, with 973.6 million shares traded.

 
 
Number of observations 67   Date added: 03/01/2021
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The Iraqi Stock Exchange «Economy News»
  

 Market


Economy News - Baghdad

22 losing companies pressed on the performance of the Iraq Stock Exchange Index today, Tuesday.

The stock market index fell by 1.02%, while Al-Wiam Financial Investment Company led the losing companies.

The Cartoon Industry and Trade Company also topped the winning companies, followed by the Petroleum Products Transport Company.

Today’s session witnessed the circulation of 5.5 billion shares, worth 2.7 billion dinars.

The Bank of Baghdad Company also topped the companies in circulation and value, with 2,09 billion shares being traded, worth 1.6 billion dinars.

 
 
Number of observations 52   Date of addendum 23/03/2021
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 Baghdad: Hussein Thaghb 
The Chairman of the Securities Commission, Faisal Al-Haymes, confirmed the Commission's focus on the custodian system, which raises the levels of transparency and enhances foreign investments in the Iraqi stock market, pointing out that "foreign investments cannot be promoted through intermediaries and away from this internationally approved advanced system."
 
He said, "Expanding the scope of investment in securities represents a lofty goal for the authority, which made work in more than one direction in order to activate the reality of trading, as the last period witnessed the return of several companies suspended to trading, and we are working to return other companies, after we put in place mechanisms that guarantee the rights of Investors and the market activity has actually been enhanced.”
 
right decision
He pointed out that «investors in the stock market, should see the data of the joint-stock company, to then take the appropriate decision to invest or not, in order to have a clear picture of the nature and mechanisms of work and future plans, and the percentages of profits achieved, as we strive to be safe and reassuring trading. to the investor.
 
Trading period
And he indicated that “the trading hours were extended to four o’clock after it ended at 12 noon, as the trading period was extended two days a week, and after an increase in trading spread, a decision was made to invest from Sunday to Thursday in a move that allows the largest number of people to trade. of investors in the stock market.
He said: "The Authority called on the Arab Securities Commission to hold the next meeting in Baghdad, and the invitation was accepted by the Federation of the Arab Securities Commission, to be organized during the year 2023."
 
Illegal investment
He pointed out that “local sums of money are invested illegally by companies called (forex) and a committee was formed under our chairmanship after discussing the issue with the General Secretariat of the Council of Ministers, with the membership of the Central Bank, the security authorities and a number of companies, to follow up on this matter, which puts large capitals at risk due to illegality. This trend, and far from guarantees provided to the investor that his money is directed to invest legally».
He revealed the authority's tendency to establish cooperation with the World Financial Syndicate in the field of training and transfer of expertise to international brokers in the financial markets, to obtain new skills that enhance the relationship with the community and convey the image of trading and its objectives and the benefit achieved from that.
 
serious movement
To that, the economic affairs specialist, Mustafa Muhammad Ibrahim, stated that “the reality of trading in the stock market represents the extent of the activity of the national economy, and despite the challenges that Iraq and the world have witnessed in recent years and the decline that all international economies have indicated, we find in Iraq that there is a serious movement to activate the reality Trading by increasing the trading hours, which allowed new categories to enter the trading movement.” He pointed out that “the Iraqi Stock Exchange can be described as promising because there is a large volume of work, and a serious desire to move the joints of the national economy.” 
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Iraq Stock Exchange
  

 Market


Economy News - Baghdad

The Iraqi Stock Exchange (the Stock Exchange) traded 1 billion shares, with a value of 2 billion dinars, during the past week.

The number of shares traded increased by 0.74% compared to the previous week, while the value of traded shares decreased by 3.74% compared to the previous week.

Also, during the week, 1526 deals were executed.

 
 
Views 33   Date added 01/08/2021
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stock market
  

 Market


Economy News - Baghdad

The Iraq Stock Exchange (the Stock Exchange) announced that it will organize during the first week of August 2021 five trading sessions from Sunday, 01/08/2021 to Thursday, 07/05/2021.

Check during the week the indicators below:
The number of traded shares during this week reached more than (81) billion shares.

The value of traded shares this week amounted to more than (84) billion dinars.

The trading index closed in the market for the first session of the week at (575.32) points, while the index closed at the end of the week at (582.39) points, achieving an increase of 1.21% from its closing in the first session.

During the week, more than (1,400) contracts of buying and selling were executed on the shares of companies listed in the market.

 
 
Views 67   Date Added 05/08/2021
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25479.jpg
stock market. "Economy News"
  

 Market


Economy News - Baghdad

The Arab Monetary Fund issued the thirteenth issue of the "Monthly Bulletin of Arab Capital Markets", which is concerned with monitoring developments in Arab financial markets, based on the Arab Monetary Fund's database of Arab financial markets, and data of Arab stock exchanges.

The bulletin, which was followed by "Economy News", stated that "the Arab Monetary Fund's composite index of Arab capital markets ended last July's transactions, rising by 0.05%, compared to June 2021, to reach about 469.58 points."

The performance indicators of the stock exchanges of Iraq, Tunisia, Bahrain, Saudi Arabia, Damascus and Qatar recorded an increase of less than one percent. As for the level of trading value, the stock exchanges of Muscat, Bahrain, Damascus and Iraq recorded the highest rates of decline in the value of trading during the past month, with rates ranging between 52.74 and 93.51%.

The trading volume in the Arab stock exchanges decreased by 79.2%, as all Arab stock exchanges witnessed a decrease in their trading volume, led by the Iraqi and Damascus stock exchanges.

 
 
Views 115   Date Added 12/08/2021
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 Baghdad: morning 
 
The Arab Monetary Fund issued the thirteenth issue of the "Monthly Bulletin of Arab Capital Markets", which is concerned with monitoring developments in Arab financial markets, based on the Arab Monetary Fund's database of Arab financial markets, and data 
Arab stock exchanges.
The bulletin, which Al-Sabah followed, showed that the Arab Monetary Fund's composite index of Arab capital markets ended last July's transactions, rising by 0.05%, compared to June 2021, to reach about 469.58. 
Point.
The performance indicators of the stock exchanges of Iraq, Tunisia, Bahrain, Saudi Arabia, Damascus and Qatar recorded an increase of less than one percent. 
The value of trading, the stock exchanges of Muscat, Bahrain, Damascus and Iraq recorded the highest rates of decline in the value of trading during the past month, with rates ranging between 52.74 
and 93.51%.
The trading volume on the Arab stock exchanges decreased by
79.2%, as all stock exchanges witnessed 
Al-Arabiya decreased in its trading volume, led by the two Iraqi stock exchanges 
and Damascus.
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