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Iraq Stock Exchange announces the decrease in the number of shares bought by non-Iraqis in 2014
Long-Presse / Baghdad
Iraq Stock Exchange, announced on Wednesday, the stock bought by non-Iraqi (foreign investors in the stock market), fell over the past year in 2014 compared to 2013.
The Executive Director of the market Taha al-Rubaie said in an interview to the (long-Presse), "The Iraqi market is looking firmly to raise investors' trading file non-Iraqi funds and foreign investment in the market in order to support the Iraqi economy in various sectors, but the last year 2014 recorded a decline for the shares purchased by non-Iraqi traders in the stock market. "
Rubaie said that "the number of shares bought for 2014 from non-Iraqis reached 77 billion shares worth 113 billion dinars, which corresponds to 94 million dollars through the implementation of (10233) a contract on the shares of (69), while the number of shares sold non-Iraqis for the same year amounted to 56 billion shares worth 83 billion dinars, which corresponds to 69 million dollars through the implementation of the (9095) contract on the shares of (66) companies, "he said." After comparing those amounts with the year 2013 We find that there is a decrease in the number of shares bought for 2014 compared to the year 2013 due to listing and trading of shares of new companies, as happened in 2013, "
Rubaie said that "the decline in the number of shares does not mean that the trading halt and retreat is where there has been a rise in the number and value of shares bought for 2014 compared with the number and value of shares sold for the same year, where such trading Iraqis is buying and selling rate (17.9%) of the number of shares traded and the proportion (21.7%) of the trading volume (value) in 2014, and this percentage is good compared to trading that foreign investment in the Iraq Stock Exchange and at the level of foreign investment in Iraq is represented by the size. "
It is noteworthy that Iraq Stock Exchange announced the beginning of the year 2015, for the closing of the last sessions of 2014 on Monday, December 29, to show that the number of meetings held during the past year has reached 227, although the trading volume of the year amounted to 901 billion dinars.
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Long-Presse / Baghdad
Iraq Stock Exchange, announced on Wednesday, the stock bought by non-Iraqi (foreign investors in the stock market), fell over the past year in 2014 compared to 2013.
The Executive Director of the market Taha al-Rubaie said in an interview to the (long-Presse), "The Iraqi market is looking firmly to raise investors' trading file non-Iraqi funds and foreign investment in the market in order to support the Iraqi economy in various sectors, but the last year 2014 recorded a decline for the shares purchased by non-Iraqi traders in the stock market. "
Rubaie said that "the number of shares bought for 2014 from non-Iraqis reached 77 billion shares worth 113 billion dinars, which corresponds to 94 million dollars through the implementation of (10233) a contract on the shares of (69), while the number of shares sold non-Iraqis for the same year amounted to 56 billion shares worth 83 billion dinars, which corresponds to 69 million dollars through the implementation of the (9095) contract on the shares of (66) companies, "he said." After comparing those amounts with the year 2013 We find that there is a decrease in the number of shares bought for 2014 compared to the year 2013 due to listing and trading of shares of new companies, as happened in 2013, "
Rubaie said that "the decline in the number of shares does not mean that the trading halt and retreat is where there has been a rise in the number and value of shares bought for 2014 compared with the number and value of shares sold for the same year, where such trading Iraqis is buying and selling rate (17.9%) of the number of shares traded and the proportion (21.7%) of the trading volume (value) in 2014, and this percentage is good compared to trading that foreign investment in the Iraq Stock Exchange and at the level of foreign investment in Iraq is represented by the size. "
It is noteworthy that Iraq Stock Exchange announced the beginning of the year 2015, for the closing of the last sessions of 2014 on Monday, December 29, to show that the number of meetings held during the past year has reached 227, although the trading volume of the year amounted to 901 billion dinars.
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