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Iraqi Stock Exchange indicate an increase in shares traded
20/07/2011
High trading volume and breadth of foreign participation,
Baghdad - morning
issued the Iraqi market for securities carried for the first half of the year the current, which dealt with numbers and information the number of trading sessions and the total shares traded and the values of the college and the entire electronic contracts that has been accomplished during that period, while the bulletin pointed out the high index trading in the first half of the current year compared with the same indicators from last year ..
and according to the bulletin I got the (morning), a copy of the market systems (123) trading session an average of five sessions per week ran from Sunday to Thursday every week. They represent 100 percent of the number of sessions targeted and planned in the first half of 2011.
The bulletin pointed out that the total number of shares traded during that period amounted to (252) billion shares, with a total value of (481) billion dinars, equivalent to (400) million through the implementation of (71 130) contract traded electronically.
The bulletin pointed out that the trading of non-Iraqi buying and selling of the total above amounted to buy (55) billion shares worth 109 billion dinars, which is equivalent to (91) million, as well as for sale (4) billion shares value (13) billion dinars, which is equivalent to (11) million. And showed the bulletin in detail the number of sessions carried out and the volume high and increasing contracts executed, according to the following schedule:
a rise in the number of sessions carried out by (1.6 percent),
two high number of shares traded increased (39 percent) and high turnover rate (73 percent),
three high number of contracts executed by (111 percent),
four high number of shares and trading volume for the purchase of non-Iraqis "by (132 percent) and (155 percent), respectively.
5 high volume of trading for selling non-Iraqis "by (96.5 percent).
6 The value of the index number (52) points in the closed end of the first half of 2011 than in 2010.
The Securities Commission of Iraq has recently announced that Iraq made the region's countries the size of financial trading by 70 Palmihmbana that the government recently agreed with the Bank (HHPT), which spread throughout the countries of the world, to develop the Iraqi market for securities .. The head of the Abd al-Razzaq al-Saadi said Iraq issued traded funds by 70 percent compared with the countries of the region and added that the Iraqi market for funds, Finance was able to gain the confidence of others, because of its controls disclosure law, for assets of the companies. Revealed Saadi said the movement of the Iraqi market for securities rise the higher the volume of investment projects in the country, and expanded financial transactions between the Iraqi market and world markets through banks .. in the meantime agreed to mobile phone companies operating in the country, to put 25 percent of its shares in the Iraqi market Securities.
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