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Amendments to the schedule to stop and re-trading of the shares of companies in the stock market
Date: Monday 04/06/2012 1:00
Baghdad / follow-term
Council decided Securities Commission amend Instructions No. (2) amended in 2012 to regulate the dates off and re-circulation of the contribution of companies.
A statement from the Securities Commission carried by the agency by news that the amendments provide for stop trading shares of the company listed on the market a week ago One of the date of the General Assembly meeting shall be notified to the market and the center of the deposit by the Company no later than two weeks.
The statement that the amendments included the re-circulation of shares of the company, which ceased trading its shares because of the General Assembly meeting, after the end of the meeting directly in the case of failure to take the public any decision to change the company's capital, as well as re-trading of shares of a company that ceased trading its shares because of the General Assembly Meeting which included the decision of the public official earnings and reserves only.
and confirmed the Commission in its statement re the company's shares before the increase to the trading in the Iraqi market for securities immediately after the General Assembly meeting, and the inclusion of shares are derived by the company during a period of not more than six weeks from the date of the General Board.
It showed the Commission in its statement that it will be re-traded shares of the company, which ceased trading its shares because of the General Assembly meeting, which included the decision of the general capital increase 2004.
and declared the Commission in the statement that the amendment be implemented as of next July.
In the meantime, announced market Iraq Stock Exchange for the high volume of trading for the month of April to more than 84 billion dinars, while the market saw a Suspension of Trading on the Warka Bank.
and Market traded during the month of April, 43 billion and 495 million shares worth of 84 billion and 983 million dinars, compared to March the total stock traded by 36 billion and 730 million shares valued financial $ 65 billion and six million dinars, while the total number of companies traded 66 companies out of 85 companies listed electronically on the market.
and were more companies rise in the value of trading her company is the world real estate, followed by the modern animal production, With the more companies down is a light industry, followed by dyes modern, and reached the contracts traded, investors in the market for the month of April 12 thousand and 572 contracts, compared with ten thousand and 235 contract for the month of March.
and the share of traded shares purchase by non-Iraqi investors for the month of April the past three billion and 407 million shares valued at seven billion and 76 million dinars, while the shares traded selling one billion and 858 million shares valued at two billion and 963 million dinars, while the implementation of the 894 purchase contract and 619 contract for the sale of contracts executed.
has seen the market last April off marginally on the Bank Warka by the financial crisis is going through.
It is noteworthy that the Iraqi market for securities was established in June 2004, and was accredited by the manual trading, and in April 2009 adopted electronic trading in part by some companies, and is now trading electronically to companies registered in 2010, and traded in the market, 85 companies belonging to the seven sectors are banking, industrial, hotel, tourism, agricultural, investment, insurance and services.
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