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Stock market attributes stop the movement for "Daash economic downturn."
February 14, 2015, 14:10
BAGHDAD - ((eighth day)) Iraq Stock Exchange, announced Saturday that the organization "Daash" economic downturn the most important factors that affected the movement of the market, noting that he will charge the cursor on the tradable shares, according to free-float. He said the market in a statement that "there are three main factors that have affected negatively on the Iraqi economy and the movement of Iraq Stock Exchange index since June 2014," noting that "its impact continues to clearly and substantially in the market sessions in 2015, which is reflected in the Iraqi investors decisions and foreigners. " He added that the market "These factors were concentrated in the terrorist aggression Daash since June 2014, in addition to the economic downturn in the producing countries and oil-exporting due to lower global oil prices since the fourth quarter of 2014." "The increase in funds listed companies in the market capital was his impact also in the market movement, which rose this than 3.6 trillion shares in 2012 to 4.6 trillion shares in 2013 and to 5.675 trillion shares in 2014", adding that "the calculation of the effect of capital increases to market value has a direct effect of the decline in value of the index. " He said the market that "the market will charge the cursor on the tradable shares, according to free-float and not the entire capital to companies for the purpose of exclusion increase the fixed stock is moving, which owned banking and financial institutions worldwide, Arab and Iraqi cursor becomes more realistic." The Iraqi market index started to decline, reaching 66.6 points after scoring 115 in the first quarter of 2014, and trading in the market 73 subsidiary of eight sectors are banking, industrial, hotel, tourism, agriculture, investment, and insurance, in addition to communication. | ST |
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February 14, 2015, 14:10
BAGHDAD - ((eighth day)) Iraq Stock Exchange, announced Saturday that the organization "Daash" economic downturn the most important factors that affected the movement of the market, noting that he will charge the cursor on the tradable shares, according to free-float. He said the market in a statement that "there are three main factors that have affected negatively on the Iraqi economy and the movement of Iraq Stock Exchange index since June 2014," noting that "its impact continues to clearly and substantially in the market sessions in 2015, which is reflected in the Iraqi investors decisions and foreigners. " He added that the market "These factors were concentrated in the terrorist aggression Daash since June 2014, in addition to the economic downturn in the producing countries and oil-exporting due to lower global oil prices since the fourth quarter of 2014." "The increase in funds listed companies in the market capital was his impact also in the market movement, which rose this than 3.6 trillion shares in 2012 to 4.6 trillion shares in 2013 and to 5.675 trillion shares in 2014", adding that "the calculation of the effect of capital increases to market value has a direct effect of the decline in value of the index. " He said the market that "the market will charge the cursor on the tradable shares, according to free-float and not the entire capital to companies for the purpose of exclusion increase the fixed stock is moving, which owned banking and financial institutions worldwide, Arab and Iraqi cursor becomes more realistic." The Iraqi market index started to decline, reaching 66.6 points after scoring 115 in the first quarter of 2014, and trading in the market 73 subsidiary of eight sectors are banking, industrial, hotel, tourism, agriculture, investment, and insurance, in addition to communication. | ST |
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