Iraq shares traded higher value to more than 30 billion dinars



Agencies / Baghdad news
announced the Iraq Stock Exchange, Saturday, for a rise in trading value of
stocks to reach more than 30 billion dinars last January, while the Securities Commission decided to suspend 18 companies from trading.
The systems market during the month of January last 20 meetings daily in the formal market and two in the second market, the number of companies traded 66 companies out of 98 companies listed in the market, with the market index closed ISX60 at the end of the month of January at 638.540 low points, up by 12.60% compared to December month the first amounting to 730.560 points.

the trading market during January last 32.715 billion shares and the increase of rate of 74.95% compared to December of last month, which amounted to stocks where 18.699 billion shares, while the value of shares traded reached 30.93 billion dinars and a rise of 65.85% compared to December of last month that the value of shares 18.649 billion dinars and reached the number of transactions executed 9315 transactions.
The number of shares traded purchased from non-Iraqi 1.729 billion shares financial value of 2.333 million dinars through the implementation of 746 transactions, while the total shares sold by investors non-Iraqis 3.04 billion shares financial value of 3.547 million dinars through implementation of 838 transactions.

decided Securities Commission suspended 18 companies from trading their decisions not to ensure compliance with the financial disclosure, while the six companies still parked on trading and as of last August for failure to submit annual financial statements for 2014 for the body and for the market and the companies included Sadeer hotel and transportation of oil products and electronic industries and modern dyes and Canadian production of veterinary vaccines, and Sadeer Hotel.

the Iraq Stock Exchange was founded in June 2004, and was approved by the manual trading, and in April 2009 electronic trading adopted in part by some companies, and began trading electronically registered companies where 2010, and traded in the 95 market subsidiary of the eight sectors are banking, industrial, hotel, tourism, agriculture, investment, and insurance, in addition to communications.