Iraq's stock market is trading more than 65 billion shares during July



14/08/2017 12:08 | Number of readings:


Trend Press / Baghdad

Taha Ahmed Abdulsalam, the executive director of the Iraqi market for securities, said Monday that the market organized 21 trading sessions in the regular market, which includes 72 companies and 10 sessions in the second market, which consists of 29 companies.



"The ISX60 index closed at 575.61 points at the end of July 2017, down by 0.09 percent compared to its value at the end of June of 576.11 points," Abdulsalam said in a statement.



He stressed that "the number of shares traded during the month of July reached (65.877) billion shares, while the value of shares traded (40.720) billion dinars, indicating that trading in the market focused on the shares of banking companies, where the Commercial Bank of Iraq, a number of shares amounted to 26.400 billion shares, The number of shares in the Arab Islamic Bank reached 12.985 billion shares, while Bank of Baghdad was 7.457 billion shares, Middle East Bank with 6.057 billion shares and Gulf Commercial Bank with 2.711 billion shares. The Islamic Bank had 2.061 billion shares, (11.7%) compared to the previous month G (0.600) dinars.



On the circulation of non-Iraqi investors, Abdul Salam said, "The shares purchased for non-Iraqis reached (26.819) billion shares and were implemented through (472) purchase deal amounted to (11.529) billion dinars of trading shares (23) listed companies.



As for the shares sold by non-Iraqis, "The number of shares sold by non-Iraqis amounted to (14.017) billion shares carried out through (855) sale deal amounted to (6.947) billion dinars of trading shares (12) listed companies, The ISX60 index was down by (0.09%) at the end of July 2017 compared to its value at the end of June of 576.11 points.

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