The Iraqi Stock Exchange will stop for nine days

[yota691]

 

Within a week...the Iraqi Stock Exchange is trading shares with three billion dinars

 

 2021-08-14 05:39

 

 

Shafaq News / The Iraq Stock Exchange announced, on Saturday, that two billion shares were traded, with a financial value of more than 3 billion dinars during the past week.

And the market stated in a report seen by Shafak News Agency, that "the number of companies whose shares were traded during the past week amounted to 46 joint-stock companies, while the shares of 38 companies did not trade due to the lack of convergence of the prices of purchase orders with sales orders, while 19 companies continued to be suspended for not providing disclosure out of 103 companies." listed on the market.

He added that "the number of traded shares amounted to two billion and 45 million and 415 thousand shares, a decrease of 97.49% compared to the previous session, with a financial value of 3 billion and 410 million and 639 thousand dinars, a decrease of 95.95% compared to the previous session through the implementation of 797 deals."

The market indicated that "ISX60 traded price index closed at 580.58 points, recording a decrease of 0.31% compared to its closing in the previous session."

He pointed out that "the number of shares purchased from non-Iraqi investors last week amounted to 55 million shares, with a financial value of 122 million dinars, through the implementation of 73 deals, while the number of shares sold from non-Iraqi investors amounted to 41 million shares, with a financial value of 135 million dinars, through the implementation of 51 deals.

It is noteworthy that the Iraqi Stock Exchange organizes five trading sessions a week from Sunday to Thursday, and includes 103 Iraqi joint stock companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels.

[yota691]

The Iraqi Stock Exchange prevents the execution of purchase orders for the benefit of the foreign investor in 3 joint-stock companies

 

Iraq Stock Exchange

Market Economy News - Baghdad The management of the Iraq Stock Exchange decided not to allow the execution of purchase orders in favor of the foreign investor in 3 joint-stock companies, as of Wednesday's session, 08/18/2021 . A document issued today, 08/18/2021 by the Iraq Stock Exchange, and addressed to the brokerage companies operating in the market, obtained by Al-Eqtisadi News, said that based on the follow-up between the Securities Commission and the Iraq Stock Exchange on Tuesday 17/8/2021, and based on the To follow up on the implementation of Article 12/Second of the amended Companies Law No. 21 of 1997 - Not executing any purchase orders for the foreign investor in the companies "Baghdad Soft Drinks, Dar Al Salam Insurance and Al Maamoura for Real Estate Investments ." In accordance with Article 12 of the Companies Law above, the Iraqi shareholding in the joint-stock company has been set at 51% as a minimum, and the rest is in favor of foreign investors . On the other hand, the director of the Iraq Stock Exchange, Taha Abdel Salam, told "Al-Iqtisad News", that the brokerage companies were informed in order to follow up with the Iraqi Stock Exchange and to disclose the reason for not receiving purchase orders for foreigners by the electronic system in compliance with Article 12 of the Companies Law No. 21 of 1997, as amended, for the purpose of understanding those dealing with companies .

Views 212   Date Added 08/18/2021

[yota691]

The role of the dividend and disclosure in attracting trading in the shares of joint stock companies

Wednesday 25 August 2021 74

 

 Taha Ahmed Abdel Salam*

Iraqi and foreign shareholders and investors follow the indicators of the financial position of the joint stock companies listed in the Iraq Stock Exchange, as well as the indicators of trading and dealing in the shares of these companies. 

Direct analysis agencies, especially Arab ones, including Al-Mubasher Agency, follow up news and information on joint stock companies and trading indicators, in addition to following up on Arab financial markets.

The number of joint stock companies listed on the Iraq Stock Exchange is (103) joint stock companies representing the following sectors:

- The banking sector, represented by (43) joint stock companies, and the number of shares in it represents 79% of the volume of shares. Banking companies have been using international accounting standards since 2018, according to the decision of the Central Bank of Iraq. 

It also uses the governance principles issued by the Central Bank of Iraq since 2018.

The number of companies in which foreign investors invest is 18 joint-stock companies, some of which have a foreign participation rate of 91%, such as the Credit and Commercial Bank 87%, the National Bank of Iraq 80% and the Bank of Baghdad 72%.

The number of banking companies that distributed dividends to their shareholders is (3) companies. 

The industrial sector is represented by 21 companies, and the number of shares in it represents a percentage

2.6% of the shares. 

The number of industrial companies that distributed dividends to their shareholders is two.

- The telecommunications sector is represented by the two companies, Asia Cell Communications and Al Khatim Communications, which represent 16% of the number of listed shares. 

The services sector is represented by 10 companies, and the number of shares in it represents a percentage

0.45% of the shares. Two companies distributed the annual dividend to shareholders.

The hotel and tourism sector, represented by 10 joint stock companies, represents 0.26% of the market size

- The financial investment sector, represented by 6 joint stock companies, and its size represents 0.11% of the volume of shares.

The insurance sector, represented by 5 companies, represents 0.25 of the shares.

The agricultural sector, represented by 7 listed joint stock companies, whose shares represent 0.44% of the volume of shares in the market. Two companies distributed the dividend during the current year.

Thus, the total number of companies that distributed the dividend becomes (9) companies out of 103 joint stock companies, despite the confirmation of the Securities Commission and the Companies Registration Department on:-

1. Encouraging joint stock companies to implement Article 73 of the amended Companies Law No. 21 of 1997, and supporting the distribution of the dividend to shareholders. Book of Companies Registration Department No. 21821 on 27/7/2021.

2. Cumulative Voting - Numbered Companies Registration Department Book 

20949 on 11/7/2021.

It is appropriate to know that the percentage of foreigners’ contribution to the shares of joint stock companies did not exceed 18% for the most important reasons:- 

1. The limitation of foreign investment portfolios to five major, medium and small portfolios, whose priorities have been set in the purchase of shares of companies in sectors, the most important of which are banking, industry and telecommunications, as well as simple percentages in other sectors.

2. The foreigner's contribution to a number of profitable companies has reached its maximum limit, and then the purchase of the shares of these companies has been stopped. Based on Article 12 of the Companies Law and the article specifying the percentage of ownership, as well as based on the effective percentage of a legal or natural person 9.9% in the Banking Law 

Iraqi. 

3. The weakness of establishing new joint stock companies and the weakness of issuing new securities.

The future responsibility of the public and private securities sector institutions will be in various directions, the most important of which are:

1. Working on diversifying new issues of stocks and bonds, both types of government bonds and corporate bonds, and not resorting to capital increases.

2. Obligation of joint stock companies by sectoral authorities to measure return and earnings per share in order to enhance financial performance in joint stock companies; For the purpose of achieving profits and distributable surplus and distributing a divided dividend to shareholders on a regular basis that has demonstrated its ability to attract Iraqi and foreign investors.

3. Shareholders should benefit from the Companies Law and its amendments, especially in the annual conferences where we mean the meetings of general bodies, after voting has become a positive right through its cumulative classification, which will enable a group of small and medium shareholders to take decisions no less important than the owners of larger ownership.

4. Issuing the instructions of the guarantor bank, trading on margin, and the third market platform for trading securities of listed companies with poor disclosure will have a new importance in attracting investment and diversifying the ways of dealing by 

investors.

5. Working to address the problems of companies that have been sabotaged by the aggression of ISIS gangs through work mechanisms led by specialized banks. 

It is appropriate to adopt performance standards in the implementation of the strategic objective - strengthening and strengthening the banking sector and financial institutions - of the Central Bank of Iraq. In the development of the securities sector, as it will protect the rights of shareholders and encourage the development of the financial market in Iraq.

 

* Executive Director of the Iraq Market

Securities

[yota691]

 

Within a month, the Iraqi Stock Exchange traded 140 billion shares, worth 113 billion dinars

 

 2021-09-02 09:16

 

Shafaq News/ The Iraq Stock Exchange announced today, Thursday, that 140 billion shares were traded, with a financial value of more than 113 billion dinars, during the month of August.

The market stated in a report seen by Shafak News Agency, that "the number of companies whose shares were traded during the month of August amounted to 46 joint-stock companies, while the shares of 22 companies were not traded due to the difference in the prices offered from those requested by investors, while 18 companies continued to be suspended for not providing disclosure out of 103." listed company on the market.

He added that "the number of traded shares amounted to 140 billion and 809 million and 220 thousand shares, with a financial value of 113 billion and 374 million dinars, through the implementation of 8465 transactions," noting that "the ISX60 traded price index closed at 594.200 points, recording an increase of 3.27% from its closing in previous session.

He pointed out that "the number of shares purchased from non-Iraqi investors for the month of August amounted to two billion and 768 million shares, with a financial value of two billion and 645 million dinars, through the circulation of 14 joint-stock companies, while the number of shares sold from non-Iraqi investors reached two billion and 337 million shares, with a financial value of two billion." And 895 million dinars through the circulation of 12 joint-stock companies.

It is noteworthy that the Iraqi Stock Exchange organizes five trading sessions a week from Sunday to Thursday, and includes 103 Iraqi joint stock companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels.

[yota691]

The Iraqi Stock Exchange stops trading for one day

 

Stock Exchange «Economy News»

Market Economy News - Baghdad The Iraqi Stock Exchange (the Stock Exchange) announced on Thursday that it will not organize a trading session next Sunday. And the market said in a statement seen by "Al-Iqtisad News", on the occasion of organizing the parliamentary elections in Iraq on Sunday, October 10, 2021, the market will not organize the stock trading session for this day. He added, "The sessions will be organized as of Monday 11/10/2021, according to their official timings."

Views 59   Date Added 07/10/2021

[yota691]

 

The Iraqi Stock Exchange closes its doors with the start of the parliamentary elections

 

 10-10-20 2021 03:46

 

Shafaq News/ The main stock exchange in Baghdad and the Kurdistan Region closed its doors with the start of the parliamentary elections in Iraq.

Shafak News correspondent said that the main stock exchange in Al-Kifah and Al-Harithiya was closed after the government's decision to close shops, except for pharmacies, food, vegetables and bakeries, as a result of the parliamentary elections.

The correspondent indicated that the stock exchange in Erbil, the capital of Kurdistan, was also closed after the regional government's decision to declare an official holiday on the occasion of the parliamentary elections.

The owner of a money exchange shop said in an interview with Shafaq News Agency that the Baghdad Stock Exchange is closed, in addition to all exchange shops, and it is expected that some of these shops will open this afternoon with the end of the voting process in the parliamentary elections, indicating that the prices of the stock exchange closed yesterday afternoon at 148,300 dinars per 100 dollars.

[yota691]

The Iraqi Stock Exchange publishes a report on its participation in the meetings of the European-Asian Stock Exchange (Document)

 

87 Economie 11/14/2021 15:59 Baghdad today -

Baghdad Today, Sunday, the Iraqi Stock Exchange published a report on its participation in the meetings of the European-Asian Federation of Stock Exchanges.

[yota691]

The Iraqi Stock Exchange participates in the activities of the European Union - Asia

 

Stock Exchange «Economy News»

Market Economy News - Baghdad The General Secretariat of the Federation of Eurasian Exchanges organized, on 11-12/11/2021, various events in which the Iraq Stock Exchange participated. The market participated in the meeting of the Board of Directors of the member stock exchanges, including the Iraq Stock Exchange, which was elected in June 2021. Also, in the meeting of the General Assembly of the Federation of Eurasian Exchanges (FEAS), in which the Iraqi Stock Exchange acquired its membership in May 2005. In addition, the market participated in the Capital Markets Talks conference, in which the Securities Commission represented by its Chairman Faisal Al-Haymes participated, in addition to the Ministers of Economy and Finance in the State of Armenia and a number of chairmen of the boards of directors of the financial markets and the Iraq Stock Exchange represented by the expert Taha Ahmed Abdel Salam, Executive Director of the market And the participation of the Chairman of the Board of Governors and a number of members of the Board of Governors. In an intervention during the conference, the Chairman of the Securities Commission Faisal Al-Haymes presented the commission's vision and the role of the stock market in developing the economy through the development of the establishment of joint stock companies and their inclusion in the Iraqi Stock Exchange. He proposed the nomination of the Iraqi Stock Exchange to the membership of the Business Committee / Committee to Study the Development of the Brokerage Companies Members of the Federation and their role in marketing investment in securities, along with the Muscat Market and the Armenia Stock Exchange, and the approval of the members was obtained. For his part, the Executive Director of the Iraq Stock Exchange, Taha Ahmed Abdel Salam, participated in the meeting of the Board of Directors of the Federation and in the General Assembly of the Federation, and among the most important plans proposed to the Federation and the financial markets is to nominate the topics required for case studies to universities, in addition to supporting letters and theses through Capital markets journal proposed to be organized as of 2022. The meetings and the conference concluded by setting the vision of the Federation and the financial markets for the years 2022-2024, including the proposed development plans. The stock exchanges in Iraq, Egypt, Oman, Iran, Armenia, Kazakhstan, Syria, Ukraine, Greece, Cyprus, Jordan and Union guests from other markets participated in the meetings and conference, along with the participants via the Zoom application.

Views 194   Date Added 11/14/2021

[yota691]

Weekly trading indicators for the Iraqi Stock Exchange

 

stock market

Market Economy News - Baghdad During the third week of November 2021, the Iraq Stock Exchange organized five trading sessions from Sunday 14/11/2021 to Thursday 18/11/2021. Check during this week the indicators below: The number of shares traded this week reached more than (7) billion shares. The value of traded shares this week amounted to more than (3) billion dinars. The market trading index closed for the first session of the week at (579.46) points, while the index closed at the end of the week at (573.46) points, achieving an increase of 1.05% from its closing in the first session.  During the week, more than (2700) buying and selling contracts were executed on the shares of companies listed in the market.

Views 67   Date Added 20/11/2021

[yota691]

Including Iraq.. 3 Arab stock exchanges, their indices rise during the past week

 

Iraqi Stock Exchange «Economy News»

Market Economy News - Baghdad The stock exchanges of Egypt, Iraq and Tunisia witnessed an increase in their indices, at rates of less than 1%, while the performance indices of eight Arab stock exchanges recorded a decline during the past week. According to the weekly bulletin of the Arab capital markets, issued by the Arab Monetary Fund, and followed by "Al-Iqtisad News", the value of Arab financial markets trading at the end of last week decreased by 12.14%, reflecting the decline in the value of trading in eight Arab stock exchanges, while the value of trading increased in six other Arab stock exchanges. The Muscat Securities Market witnessed the largest gains achieved at the level of trading value indices, and the stock exchanges of Tunisia, Saudi Arabia and Iraq recorded an increase of 50.37, 17.48 and 14.15%, respectively. Likewise, the stock exchanges of Jordan and Beirut witnessed an increase of 5.95 and 4.39%, respectively. Trading volume also witnessed an increase of 1.0% at the end of last week, as six Arab stock exchanges recorded an increase in their trading volumes at the end of the week ending on November 25. Nine Arab stock exchanges recorded a decline in trading volume, while the Iraq Stock Exchange advanced Arab stock exchanges in terms of trading volumes, with its index recording an increase of 126.4%.

Views 74   Date Added 02/12/2021

[yota691]

The letter of the Iraq Stock Exchange to the National Bank of Iraq Company regarding the disclosure of material events

 

 December 05, 2021 11:24 am

National BankBNOI9.60%1.370.12

http://www.isx-iq.net/isxportal/portal/storyDetails.html?type=2&storyId=11547

 The letter of the Iraq Stock Exchange to the National Bank of Iraq Company regarding the disclosure of material events

[yota691]

61 billion dinars, the value of the weekly trading of the Iraqi Stock Exchange

 

stock market. "Economy News"

Market Economy News - Baghdad The Iraqi Stock Exchange announced, on Monday, that 55 billion shares, worth 61 billion dinars, were traded during the past week. The market said in a report seen by "Economy News", that "the number of companies whose shares were traded during the past week amounted to 50 joint-stock companies, and the shares of 33 companies did not trade due to the lack of convergence of the prices of purchase orders with sales orders, while 22 companies continue to be suspended for not providing disclosure out of 105 companies listed on the market. And he indicated that "the number of traded shares amounted to 55 billion and 164 million and 56 thousand shares with a financial value of 61 billion and 460 million and 589 thousand dinars through the implementation of 3136 transactions," noting that "the ISX60 traded price index closed at 98.565 points, recording an increase of 0.71% from its closing in the previous session. He pointed out that "the number of shares purchased from non-Iraqi investors for the past week amounted to 757 million shares, with a financial value of 770 million dinars, through the implementation of 138 deals, while the number of shares sold from non-Iraqi investors amounted to 354 million shares, with a financial value of two billion dinars, through the implementation of 468." Deal".

Views 65   Date Added 12/27/2021

[yota691]

“Direct Harvest” .. Abu Dhabi Stock Exchange is the best Arab in 2021 and Egypt catches up with the winners train

Stock price screen in the Dubai Financial Market - archive

 December 30, 2021 04:55 PM

Mahmoud Jamal - Mubasher: Most of the Arab stock exchanges witnessed record highs during the year 2021, coinciding with global stocks recording historical gains, stabilizing oil prices, economic recovery from the repercussions of the Corona pandemic, and moving forward with plans for strong proposals.

However, on the other hand, the spread of the new mutation remains, and some countries take precautionary measures and seek to raise interest rates, which may be the most significant challenges to the movement of stocks in the region at the beginning of the new year, according to analysts.

2021
 
During the past year, the Abu Dhabi Stock Exchange topped the list of record rises in the Middle East with a rate of 68.2%, recording the highest annual gain since 2005, followed by the Saudi market, whose index rose by about 30%, with the best annual performance since 2007.

The Dubai market index also rose by 28.2% during 2021, recording the highest annual gains since 2013, and the Kuwait Stock Exchange indices ended the last sessions of the year in contrast, and the first index ended 2021 transactions with an increase of 26.2% to 7043 points.

The Bahrain Stock Exchange index rose by about 20.6% in 2021, recording the highest annual rise since 2007, and the Muscat market index increased by about 13% in 2021, recording the highest annual rise since 2013.

The Qatar Stock Exchange index rose by 11.4% in 2021, recording the highest annual rise in 3 years.

Institutional purchases, along with the continuation of development plans and initial offerings, contributed to the Egyptian Stock Exchange joining the list of winners worldwide, as its main index rose by 9.9% to reach its highest level in two years after it was declining in the first nine months of trading in 2021.

Awaiting challenges

Mohammed Mahdi Abdulnabi, an expert in financial markets, said that the first quarter of the new year will be one of the important quarters awaiting the Gulf markets, as dealers and those interested in economic affairs are awaiting more annual inflation data, which will inevitably confirm its record highs, which will prompt the US Federal Reserve to rush to raise interest rates.

He pointed out that if the rate hike occurs before May or before the middle of the year, global and regional markets will head for a strong correction and then decline.

He stressed that the markets are also waiting for what will happen regarding the new economic repercussions of the new mutation from Corona and the extent of its spread, which has increased infections for more than two months, so there will be a warning bell for stock markets.

He pointed out that the Gulf markets in particular are awaiting the results of the meeting of OPEC and allies, which may not bring anything new with the determination of the major producers of crude oil on their policy without heeding the calls of the United States and major consumers in general to reduce prices, which may be reflected in the movements of oil currently stable above $ 70 a barrel.

Recovery and results

In turn, Mahmoud Atta, an investment expert at Universal Securities, said that there are important things that will determine the course of the Gulf markets during the first half and during the new year as a whole, which is the link to the continued strong return to commercial activities after the Corona crisis, access to community immunity and the high rate of vaccination recipients, especially in the presence of A new pivot, in addition to the return of oil prices to the rise after the growth rate exceeded the 50% level of Brent crude.

He pointed out that providing the facilities granted to investors to enhance the flexibility of the economy and raise the investment environment and the existence of encouraging legislation for entrepreneurs such as ease of establishing companies, which encourages development and development in various fields, which we are witnessing in the UAE and Saudi Arabia, will be among those factors that will determine the attraction of new investors to the markets in the coming period.

He pointed out that we will continue to move forward with the initial offerings, from which we will witness strong companies in Egypt, the UAE and Saudi Arabia soon, as Egypt is preparing to list the first sports club, Ghazl El-Mahalla, and is seeking to offer other companies. He indicated that the season of annual results and distributions will be among the main determinants of investment funds and individual long-term portfolios, especially with the return of the recovery of the businesses of major companies from the repercussions of Corona.

Greatest determinant

For his part, Amr Zaki, a financial market expert at Osoul Financial Brokerage Company, confirmed that oil prices will be the biggest determinant of the movement of the Gulf markets, as there are expectations issued by the International Monetary Fund that the price of crude will decline in March 2022, noting that the business results of the leading companies in most markets It will be positive and is likely to support the completion of the bullish path for most of the region's markets during the first two months of the new year.

As for the Egyptian market, he explained that the thirtieth index is likely to complement the positive performance, supported by the expected strong business results of the companies listed in the index, as well as the acquisitions that took place in the real estate sector or the medical sector, as well as the expected acquisitions during the first quarter of 2022.  

The performance of the Gulf markets and Egypt during 2021:

Abu Dhabi 68.24%
Dubai 28.25%
Saudi Arabia 29.83%
Kuwait 26.24%
Qatar 11.4%
Bahrain 20.64%
Egypt 9.9%

[yota691]

 

The Iraqi market will stop its activity tomorrow

 

 2022-01-01 01:45

 

 

Shafaq News/ The Iraq Stock Exchange announced, on Saturday, the suspension of its activity for a period of one day.

And the market said in a statement, received by Shafaq News Agency, that "the trading sessions for tomorrow, Sunday, will not be organized based on the decision of the Council of Ministers to declare an official holiday for this day on the occasion of the New Year holidays."

He added, "The activity will take place after the official holiday and starting next Monday, according to its official timings."

It is noteworthy that the Iraq Stock Exchange organizes five trading sessions per week from Sunday to Thursday, and includes 105 Iraqi joint stock companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels.

[horsesoldier]

Hmmm...perhaps protocols being observed, then again.

[dinarham]

What circumstance would necessitate closing down the stock exchange ,  not associated with a holiday? What's the game behind this game ? I'm getting a good vibe from this.

[southbeach]

Careful.  Cancel culture listening, lol.

[davis411]

25 minutes ago, dinarham said:

I'm getting a good vibe from this.

Ohhh man

hope its not a stroke 

[dinarham]

15 minutes ago, davis411 said:

Ohhh man

hope its not a stroke 

   Strokes don't feel like that.

[WheresmyRV?]

Didnt they do this last year at this time?

[screwball]

1 hour ago, WheresmyRV? said:

Didnt they do this last year at this time?

i think they do it every year

[HowieC]

They're calling it an "official holiday"...That's what throws me.

 

Of coarse "Next" means "This"...so who the heck knows

[yota691]

 

The Iraqi Stock Exchange is trading 71 billion shares worth 78 billion dinars in a month

 

 2022-01-02 01:06

A-AA+

Shafaq News/ The Iraq Stock Exchange announced today, Sunday, that 71 billion shares were traded, with a financial value of more than 78 billion dinars, during the month of December.

And the market stated in a report seen by Shafak News Agency, that "the number of companies whose shares were traded during last December amounted to 61 joint-stock companies, while the shares of 23 companies were not traded due to the difference in prices offered from those requested by investors, while 22 companies continue to be suspended for not providing disclosure out of 105 companies listed on the market.

He added that "the number of traded shares amounted to 71 billion, 287 million, and 271 thousand shares, with a financial value of 78 billion and 155 million dinars, through the implementation of 12446 transactions," noting that "the ISX60 traded price index closed at 20,569 points."

He pointed out that "the number of shares purchased from non-Iraqi investors for the month of December amounted to 5.631 billion shares, with a financial value of 5.659 billion dinars, through the circulation of 12 joint stock companies, while the number of shares sold from non-Iraqi investors reached 3.34 billion shares, with a financial value of 5.299 billion dinars from During the circulation of 23 joint stock companies.

It is noteworthy that the Iraqi Stock Exchange organizes five trading sessions a week from Sunday to Thursday, and 105 Iraqi joint stock companies are included in it, representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels.

[yota691]

 

The Iraqi Stock Exchange closed down from the previous session

 

 2022-01-05 08:17

 

Shafaq News / The Iraq Stock Exchange announced, on Wednesday, the stock trading indices and their financial value.

And the market said in a statement received by Shafaq News Agency, that "the number of companies listed in it amounted to 105 companies, while the number of companies traded for this day was only 34."

He explained that the number of shares traded today amounted to (897,707,080) shares, while the value of those shares amounted to (1,051,803,159) dinars.

The market added that "the ISX60 price index closed in today's session at (566.49) points, down from its closing in the previous session, which amounted to (569.15) points," noting that "the number of companies suspended by a decision of the Securities Commission for not complying with the instructions of financial disclosure reached (22) company".

He pointed out that "the number of shares purchased from non-Iraqi investors in the market amounted to (4) million shares, with a value of (16) million dinars, through the implementation of (11) transactions on shares of (3) companies."

The market report concluded its statement that "the number of shares sold by non-Iraqi investors in the market amounted to two million shares, with a value of (7) million dinars, through the implementation of (5) deals on the shares of two companies."

[yota691]

The stock market ends the week's trading on a high

 

Iraq Stock Exchange

Market Economy News - Baghdad The stock market closed, at the end of its weekly trading, up by 0.12%, as the index closed prices at the point 567.16. The stock exchange traded 808.1 million shares, with a value of 896.4 million dinars, through the conclusion of 533 deals. The shares purchased by non-Iraqi investors amounted to 2 million shares at a value of 20 million dinars, while the shares sold by non-Iraqi investors amounted to 3 million shares at a value of 8 million dinars. The most profitable companies in today's trading are Al-Iraqiya for Engineering Works 9.97% and Metal and Bicycles 9.8%, while the companies with the most losses are Al-Atta Islamic Bank - 10.53%.

Views 606   Date Added 01/05/2022