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The stability of the stock market depends on conditions
14/04/2013 12:00 am
Baghdad - Mostafa Hashemi
said economic expert Issam المحاويلي: The stability of the Iraqi Stock Exchange index depends on the stability of the security situation and the country's political.
added (morning) that the decline in stock market index Iraqi comes directly from the reflection of the general situation of the economy, as well as the community lacks Culture economic evidence numbers few traders in the stock market compared to the rest of the countries.
noted that the increase in the index indicates the well-being of the economy and the activity of the private sector companies because it has thus achieved a profit and increased its output to accept Iraqi citizen to buy the largest number of shares and trading in them.
He said One important reason that makes the citizen trading in the stock market is having manufacturing companies from the private sector and providing services to the largest number of citizens, stressing that the banking sector is the most attractive for citizens of other sectors contributing to the Iraqi market for securities to believe the citizen that the money generated money for it funded most of the rest sectors.
mention that the most prominent sectors of the shareholding companies that are trading on the stock exchange are banks and insurance industry, agriculture, hotels, services and communications. indicated that the Iraqi market for securities stability of its shares closed on Wednesday at 119.87 points.
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