View Full Version : Al-Saadi confirms importance of foreign investment in the stock market

Hue Mi
08-06-2013, 03:22 AM
Al-Saadi confirms the importance of foreign investment in the stock market (http://www.alsabaah.iq/ArticleShow.aspx?ID=51427)

05/8/13, 12: 00 am
Baghdad morning

President of JSC Dr. Abdul Razak Al-Saadi, the importance of the presence of international companies in Iraq market for securities.

Al-Saadi said in an interview for (morning): the expansion of foreign investment in the local stock exchange holds a lot of pros, which effectively contribute to activate the movement of stock trading, raising the confidence of local and international investors to expand their investment into the market,

pointing out that in all cases when the foreign investment will expand in domestic and international transactions, which requires all elements to attract international investment.

Saadi noted that the introduction of the custodian in the Iraq market for securities gives high transparency in the deal and has proved Great success in international stock markets, and will be an effective investment attraction, especially that the country is a broad economic movement, noting that rising supply and demand for shares in the stock market depends on what comes of the legislation regulating the process and increase investor confidence in the stock market.

08-06-2013, 01:52 PM
who is the custodian bank ?