Iraq Stock Exchange recorded a decline varying index during 2016


13/09/2016 14:47


Long-Presse / Baghdad

Iraq Stock Exchange, announced on Tuesday, recorded declines of varying the number of shares traded and listed companies and the value of shares traded and the number of transactions and the stock index since the beginning of the year 2016 and until the end of August last year.

Said Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam said in an interview to the (long-Presse), "The market index of the period (31 December 2015) and even the (31 August 2016), different changes as it recorded market change was ( -2.04%) in the number of listed companies which stood at the end of the year 2015 (98) company in the end of August 2016 (96), "noting that" the number of traded companies also recorded a change reached (-20.73%), where he was in the same dates (82 company) amounted to (65) company. "

He said Abdul Salam, that the "number of shares traded rose to the same limits (13.09%) where it was at the end of last year 2015 (619) billion shares, while reached until the end of August of this year, 2016, (700) billion shares, while the value traded decreased by (-40.81%), where the same periods (495) billion dinars, and dropped to 293 billion dinars, "noting that" the number of listed shares was registered at the end of last year, 2015, (8712) billion shares at the end of month father recorded (8918) billion shares, up to score reached (2.36%). "

He said Abdul Salam, that "other indicators also declined since the end of last year, 2015 until the end of August of this year 2016, where the number of transactions recorded a change reached (-38.13%) Having enjoyed (120,978) deal fell to (74 847) deal, "pointing out that" stock index (ISX 60) registered a decline reached (-23.25%). After that it was (730.56 points) fell to (560.730 points). "

In the same context, he stressed Abdul Salam, that the "number of shares and value of shares traded and the number of transactions Iraqis is also recorded a decline which reported the number of shares bought decreased value of (-1.10%) and the trading value of purchased (-36.42%) and the number of transactions executed (-30.48%)." .

The Iraq Stock Exchange, announced on Monday (5 September 2016) 0.84637000000 shares traded during the month of August, worth 47.433 billion dinars, while confirming the high value of shares traded compared to a decline in number.

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