The Iraqi market for securities shows an increase in the number of shareholding companies and a decrease in its indicators



22/04/2017 01:26 | Number of readings: 180

Trend Press / Agencies

Taha Ahmed Abdul Salam, the executive director of the Iraqi market for securities, said that the market recorded an increase in the number of companies participating in the market during the last week and a decrease in the volume and value of shares traded.

"The Iraqi Stock Exchange organized during the week ending 20 April (5) trading sessions in the regular market and (4) sessions in the second market to become the number of listed companies in the market, 98) were listed on the "CII" Stock Exchange following the listing of Ceyhan Investment and Islamic Finance shares, of which 71 were listed in the regular market and 27 were listed on the second market.

He added that "during the sessions last week, the shares of (44) companies in the regular market and two companies in the second market, the number of companies suspended from trading because of its commitment to provide annual and quarterly disclosure of the Authority and the market (15).

On the market indicators, "Last week, the volume of trading reached 3 billion shares compared to 13 billion shares for the week before that decreased by (76.16%), while the value of shares traded last week reached (2) billion dinars, compared to (12) billion Dinars for the week before it dropped by (80.21%). "

On the number of deals executed last week, it showed that it reached (1354) transactions compared to (2027) transactions for the week before, closing the market index (ISX 60) at the end of the week at (657.41) points (1.57%) from the close of last week when he closed At (667.91) points. "

On the indicators of trading non-Iraqi investors in the Iraqi market for securities pointed out that "the number of shares purchased from non-Iraqi investors last week amounted to (24) million shares to fall compared to the previous week by (58.29%), the value of those shares amounted to (43) million Dinars through the implementation of (28) share on (7) companies to rise in turn compared to the week before by (23.84%).

He said that the number of shares sold by non-Iraqi investors last week amounted to (183) million shares, a decline of (75.08%) compared to the week before which the value of those shares (190) million dinars through the implementation of (74) deal on shares (5) companies to decline (72.31%) compared to the previous week. "

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