Net foreign investment in the stock market

2/12/2017 0:00

BAGHDAD / Mustafa al - Hashimi of the
global economic situation, which represents a continuation of the trend of economic deflationary since last year, the big impact on the direction of trading in the financial markets in general and the Arab region and Iraq in particular because of the negative effects that reversed the survival of crude oil prices at Mistoyatealist according to ambition and austerity measures that budgets adopted by Arab states in general.

Iraq was not immune to the volatility of crude oil prices, despite the impact on the price index , which fell by 21.23 percent.

According to the annual report issued by the Securities Commission, seen by the "morning", the trading volume rose slightly and by 2.4 percent from last year as foreign investors role in the rise in trading volume, as she was foreign trading recap this year reflect the entry of net investment foreign by 3.15 billion dinars.

The report pointed to a decline in trading volume reached 426.8 billion dinars in 2016 compared to about 456.2 billion dinars in 2015 and by a decrease of 6.4 percent.

He said the banking sector occupied during the 2016 ranked first in terms of volume in terms of trading volume reached nearly 312.9 billion dinars , representing 73.3 percent of the total, indicating that the industrial sector ranked second in terms of trading volume reached approximately 55.3 billion dinars , representing 13.0 percent of the total, while finished third in the hotel sector , where trading volume reached 24.7 billion dinars , representing 5.8 percent of the total.

He noted that the session rate of trading volume during 2016 amounted to approximately 1.8 billion dinars to 1.9 billion dinars in 2015, while the number of trading sessions reached during the same year , 234 trading session , while the number of trading sessions reached during 2015 was $ 233 session.

Shares traded
report confirmed the rise in the number of shares traded during the year 2016 to 917.5 billion shares compared with 579.6 billion shares during the year 2015 and a percentage of 58.3 percent, a host that the banking sector occupied during the 2016 ranked first in terms of number of shares traded, reaching number of shares traded about 864.7 billion shares representing 94.2 percent of the total.

And it ranked second in the industrial sector in terms of number of shares traded amounted to approximately 37.1 billion shares by 4.0 percent of the total.

And finished third in the services sector in terms of number of shares traded amounted to nearly 7.7 billion shares by 0.8 percent of the total, have been meeting for a number of shares traded average through 2016 approximately 3.9 billion shares compared with 2.5 billion shares for 2015.

The number of contracts
report the Securities Commission pointed out that the number of contracts executed during 2016 amounted to about 111,200 contract , compared with 120,700 contract for 2015 and a decline of 7.8 percent, the banking sector ranked first in terms of number of contracts where the number of contracts amounted to approximately 51 000 held by 45.9 percent of the total, and ranked second in the industrial sector , where the number of contracts amounted to approximately 21 400 held by 19.2 percent of the total, it came in third place the services sector, reaching Adeddalacod executed nearly 17,900 held by 16.1 percent of the total, have been meeting for a number of contracts executed averaged 475.4 a contract through 2016 , compared with 518.0 a contract through 2015.

The general index of
general share price index record in the Iraq Stock Exchange ISX 60 of 2016 , a decline of 23.21 percent to close at the end of the year at 649.48 points compared to 730.56 points at the end of December of 2015 foreigners bought during 2016 amounted to 53.834 million dinars more than foreign selling during the same year , while the total sale of 38.126 million dinars , which made net foreign investment rises (buying stocks and selling by foreigners) to reach 157.8 million dinars.

Source