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Hue Mi
12-25-2013, 09:43 PM
Iraq confirms the market presence of 22 foreign investment fund which trades (http://almustaqbalnews.net/news/africa/item/28594-%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%A4%D9%83%D8%AF-%D9%88%D8%AC%D9%88%D8%AF-22-%D8%B5%D9%86%D8%AF%D9%88%D9%82%D8%A7-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D 8%A7-%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A7-%D9%8A%D8%AA%D8%AF%D8%A7%D9%88%D9%84-%D9%81%D9%8A%D9%87.html)

Posted in Business & money Wednesday, 25 December 2013 18: 03

Confirmed Iraq market for securities, Wednesday, 22 foreign investment fund trading, and the market lacked any investment fund, noted that non-Iraqi investors are concentrated in certain sectors.

Executive Director of market Taha Ahmed Abdul Salam, "there are 22 foreign investment fund traded long & short equity", stating that "the market lacks any investment fund".

Abdel Salam added that the percentage of non-Iraqi investors in the market more than 18% of all trades ", adding that" this is encouraging, given that the launch of the electronic trading market was only five years. "

Abdel Salam confirmed that "non-Iraqi investment movement coincided with Iraqi foreign equities is positive", pointing out that "non-Iraqi investors are concentrated in certain sectors without other particular banks and industrial companies and tourism because of the dynamism of the sector."

The investment fund is a pooled a number of investor-owned, and capital fund supported by the millions wasted on poverty reduction projects and managed by specialists are doing studies on the best companies can invest to ensure the best possible return, and investment funds are way more appropriate for small investors given that the box contains many stocks and bonds then the investor Gets the advantage of diversification and less risk of direct investment in the stock market.

The Iraq market for securities was founded in June 2004, and have relied on manual trading, and in April 2009, electronic trading was adopted in part by some companies, and trading electronically to companies registered in 2010, the market traded 85 company belonging to seven sectors of banking, industrial, hospitality, tourism, agriculture, investment, and insurance services.

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