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Saadi: speculations dollar and the low value of the stock market trading Group: economy
Sunday, March 15 / March 2015
453611.jpgBAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - Chairman of the Securities Commission Abdul-Razzaq al-Saadi, said that speculation in foreign currency that accompany rising US dollar exchange rate of the dinar low paid, impacted negatively on the value of trading on the Iraq Stock Exchange.
Among Saadi's ( IMN ), that "speculators rush toward their money in foreign currency in search of profit, led to the withdrawal of cash from the stock market, which reduced the value of trading."
And decreased turnover in the Iraq Stock Exchange for the month of January, to reach 15 billion dinars, of which 13 billion and 538 million shares, a total value of 15 billion and 816 million dinars, compared to December of last month, the total shares traded in it has reached 57 billion shares, worth 55 billion dinars.
From: Walid al-Zaidi, Edit: Laith Mohammed Reza
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Sunday, March 15 / March 2015
453611.jpgBAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - Chairman of the Securities Commission Abdul-Razzaq al-Saadi, said that speculation in foreign currency that accompany rising US dollar exchange rate of the dinar low paid, impacted negatively on the value of trading on the Iraq Stock Exchange.
Among Saadi's ( IMN ), that "speculators rush toward their money in foreign currency in search of profit, led to the withdrawal of cash from the stock market, which reduced the value of trading."
And decreased turnover in the Iraq Stock Exchange for the month of January, to reach 15 billion dinars, of which 13 billion and 538 million shares, a total value of 15 billion and 816 million dinars, compared to December of last month, the total shares traded in it has reached 57 billion shares, worth 55 billion dinars.
From: Walid al-Zaidi, Edit: Laith Mohammed Reza
[You must be registered and logged in to see this link.]
