PDA

View Full Version : Al-Saadi: transparency done stock market



Hue Mi
09-18-2014, 06:55 AM
Al-Saadi: transparency done stock market (http://www.alsabaah.iq/ArticleShow.aspx?ID=77807)

14/9/2014 12: 00 am
Baghdad-morning

SCA confirmed foreign investment exceeded the 455 million shares for the past week.

He said President Dr. Abdul-Razzaq Al-Saadi that the Commission was committed to its plan to boost investments in the local stock market through the adoption of disclosure and transparency in programmes, as well as the orientation for further scientific developments in the world, pointing to its role in activating the trading within the Exchange.

He said in an interview for "morning" that the Commission is committed to providing all information for those wishing to invest in the field of stock to form a clear idea of all the companies included in the Iraqi stock exchange.

In an interview for "morning" that body issued a weekly winner and loser companies involved and the most active by value traded, as well as levels of foreign trading purchase sale net investment weekly.

The winning companies, headed by Al-Mosul for amusement and for the production of the ears and a Bank of Babylon, as losers, led by production company uniforms and Islamic Bank of Elaph and Al Ashur International Bank.

The most active by value traded company led by the Iraqi Islamic Bank and Corporation Bank of Baghdad, as well as a Gulf Bank and commercial bank summer company.

Al-Saadi indicated that daily newsletter last day last week saw the trading of 43 companies the shares of 12 companies and 15 stocks traded as stability has contributed 16 and win its most profitable businesses and her company bank of Babylon and the Al Karkh amusement company and Mosul cities games, while stopping most companies index loss when company Ishtar and co. modern dyes and Iraqi dates.

And that the bulletin included the most active companies by number of shares traded and the trading volume was above all the companies of the Gulf Bank and Bank Al-Mansour, Baghdad Bank, revealing the number of contracts which amounted to 526 contracts.

Al-Saadi said the stock movement in Iraq market for securities going trend and ambitious management, toning, although future plans aimed at the adoption of mechanisms of action commensurate with the size of the Iraqi economy, borders on the international level.