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9/2/2015 0:00
Expert: stock market confirmed its ability to continue
BAGHDAD - Mostafa Hashemi
said an economic expert Dr. peace Sumaisem: that the Iraqi securities market, despite the significant challenges they face, but it has proved its strength and its ability to continue as compared Exchanges again.
She Sumaisem told the "morning "The Arab stock markets or foreign were to collapse in the event of face to face Iraqi Stock Exchange, indicating that the reason for that is because the traded sectors of the private sector companies seeking to prove its presence in the market through its attempt to participate in the economic process.
confirmed that these points are recorded in favor of the stock exchange indicating that Iraq suffered economic pressures represented a decline in oil prices and the situation other and when such happens jamming the regular exchanges landing, let alone the stock market which is mainly seen performing poorly?
and the impact of the decline in the dinar exchange rate against the dollar in daily stock trading Sumaisem said: "I expect if dinar dropped more demand will rise toward the purchase of shares of companies through indirect investment, adding that the conditions that accompany inflation pay foreign investors to think about alternatives to currency speculation by good alternative is the indirect investment are buying because the stocks not lose easily worth.
She called Sumaisem to openness on the outside and the introduction of dollar resources because it would reduce part of the gap between supply and demand for foreign currency through the religious, historical and tourism as well as embassies services and visa granted to enter the Iraqi territory
and was Chairman of the Securities Commission Abdul-Razzaq al-Saadi, said earlier : The recent rally that has occurred on the dollar exchange rates had a negative impact on the stock market. "
He explained that "a strong dollar leads to lower securities trading, the dollar because the trade will be more financial reaped profits from securities trading."
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9/2/2015 0:00
Expert: stock market confirmed its ability to continue
BAGHDAD - Mostafa Hashemi
said an economic expert Dr. peace Sumaisem: that the Iraqi securities market, despite the significant challenges they face, but it has proved its strength and its ability to continue as compared Exchanges again.
She Sumaisem told the "morning "The Arab stock markets or foreign were to collapse in the event of face to face Iraqi Stock Exchange, indicating that the reason for that is because the traded sectors of the private sector companies seeking to prove its presence in the market through its attempt to participate in the economic process.
confirmed that these points are recorded in favor of the stock exchange indicating that Iraq suffered economic pressures represented a decline in oil prices and the situation other and when such happens jamming the regular exchanges landing, let alone the stock market which is mainly seen performing poorly?
and the impact of the decline in the dinar exchange rate against the dollar in daily stock trading Sumaisem said: "I expect if dinar dropped more demand will rise toward the purchase of shares of companies through indirect investment, adding that the conditions that accompany inflation pay foreign investors to think about alternatives to currency speculation by good alternative is the indirect investment are buying because the stocks not lose easily worth.
She called Sumaisem to openness on the outside and the introduction of dollar resources because it would reduce part of the gap between supply and demand for foreign currency through the religious, historical and tourism as well as embassies services and visa granted to enter the Iraqi territory
and was Chairman of the Securities Commission Abdul-Razzaq al-Saadi, said earlier : The recent rally that has occurred on the dollar exchange rates had a negative impact on the stock market. "
He explained that "a strong dollar leads to lower securities trading, the dollar because the trade will be more financial reaped profits from securities trading."
[You must be registered and logged in to see this link.]
