View Full Version : ISX held a Conference in Dubai to discuss investment in economic sectors

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05-08-2014, 07:20 PM
2014-05-08 (00: 01 pm) - hits: 133 - number (3074)

Iraqi stock exchange held a Conference in Dubai to discuss investment in economic sectors (http://almadapaper.net/ar/news/464138/%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9-%D8%AA%D8%B9%D9%82%D8%AF-%D9%85%D8%A4%D8%AA%D9%85%D8%B1%D8%A7-%D9%81%D9%8A-%D8%AF%D8%A8%D9%8A-%D9%84%D9%85%D9%86%D8%A7)


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Organized by the Board of Governors of the Iraq market for securities market investment Conference on the 14th of this month in the city of Dubai in the United Arab Emirates on the occasion of 10 years on the establishment and opening of the Iraq market for securities and five years since the start of electronic trading and central depository on the market.

The source said the Iraq market for securities of "range" the aim of the Conference is to give participants an idea of capital market in Iraq since 2004 and its achievements to date and future plans as well as participation of experts in the presentation of indicators of the Iraqi economy and future prospects and the prevailing laws and regulations and to discuss the investment opportunities available in the shareholding companies listed and explore ways to attract local and foreign investment."

The source said the invitation to many specialists walmanin in this area as well as a market Executive Director President tour to meet with heads of departments of banking companies and the Association of banks and other interested parties to this Conference and its objectives.

The Board of Governors decided in market acceptance of the proposals of the Board of Directors of the labour market in Erbil over the Equator system upgrade plan for Iraq for the purpose of hosting market settlement equity trading market in Erbil through ratification of the amendments approved by the Board of Directors of Erbil securities market regarding the filing system as the Equator was passed authorizing the market Department begin discussions with NASDAQ OMX market to stock for X-Stream CSD for SDC and discussion of study design.

The annual report of the trading market in Iraq for the 2013 securities said that the market value of companies listed on the market at the end of the year amounted to approximately 11451 billion dinars and the high was 114, 9% from the previous year where the market value of approximately 5,327 billion dinars with a volume of approximately 2840 billion dinars and the rise amounted to 217, 8% from the previous year as the volume of the previous year almost 893, 8 billion dinars and the number of traded shares amounted to approximately 871 billion shares, up 39 percent from a year earlier as the number of shares traded for the previous year 625, 6 billion shares while the number of completed contracts for last year 126 thousand holding a drop of 6 percent from the previous year while the trading of non-Iraqis were net foreign investment rising (buy-sell) amount of 980, 20 billion dinars to increase their purchases at 1149, 8 billion while sales amounted to 169 billion dinars.