View Full Version : Iraq Stock Exchange is on the rise despite a drop in the overall index

06-20-2016, 04:00 AM

Iraq Stock Exchange is on the rise despite a drop in the overall index

 Baghdad / term

Weekly report issued by the Iraq Stock Exchange, on Saturday, revealed the high number of shares traded and a rise in thetotal value of shares traded for the week ending on Thursday.
Weekly report of the Stock Exchange , which had seen him and explained the "long", that the "number ofshares traded for the week amounted to 14.505 billion shares compared with 4.436 billion shares for the week past as recorded an increase of 226.96 percent over the previous week. "
The report said," The total value of shares traded for the week , stocks rose by 79.83 percent compared tolast week , despite a decline in the market index by 1.45 percent from the previous close of the week when itclosed at 511.86 points. "
the report continued that" the value of shares traded during the week 5 billion and 730 million dinars ,compared with 3 billion and 186 million dinars last week. "
the Iraq stock Exchange announced on Monday (June 6, 2016), for trading 156 459 000 000 shares during themonth of May, the value of 37.873 billion dinars, while rising stock confirmed its value compared to last April.
the executive director of the market , Taha Ahmed Abdul Salam said in an interview to the (long - Presse), " the Iraq stock Exchange was organized in the month of May , 0.20 trading session , "noting that" the number listed on the market for the month of May , companies accounted for 98 companies were distributed among the (23 banks, and the two contacts 0.22 industry Co., six farming companies, and ten tourism companies, and ten service companies, and six financial investment companies, and 14 transfer financially, and three insurance companies). "
He said Abdul Salam, that" the number of traded shares in the market for the month of May , companies, amounted to 63 companies , "adding," the number of stalled companies from trading by the Securities Commission to stop trading its shares amounted to 16 for failure to submit annual and quarterly disclosure of the company. "
He said Abdul Salam, that the " number of shares traded during the month of May amounted to 156.459 billion shares while it was during the month of April 53.492 billion shares, while the value of shares traded in the month of May amounted to 37.873 billion dinars , while the in April 23.534 billion dinars , "stressing that" the market recorded a rise in the May index compared with last April. "
and on the benchmark index confirmed Abdul Salam, that" the market index (ISX60) closed at the end of last May, on 510.230 points , down by 7.44 compared% its value to close the month of April of $ 551.22 point, "explaining that" the index recorded its highest rise during the month in the May 4 meeting in 2016, when itclosed at 547.150 points, while the lowest low when it closed at 504.950 points in the May 30 session in 2016 ".
the Iraq stock Exchange, announced on Thursday (June 2, 2016), about 53.492 billion shares traded during the month of April, the value of 23.534 billion dinars, confirmed the stock decline and value compared toMarch, as revealed for non - registration of the rise or fall in the number of listed or traded companies.

06-21-2016, 02:45 AM
I love news like this, it seems that the tide has change and things are working the way they should be. I know that it will not last long, I just hope while it does, many things get complete before it is too late. So keep it coming.