Foreign investment net rise for the second quarter of 2017





14/8/2017 12:00 am

Baghdad / Al-Sabah

The report of the second chapter of the activity of trading in the Iraqi Stock Exchange, issued by the Securities Commission, the rise of net foreign investment for the second quarter of this year to reach 0199.3 million dinars, while the report recorded a decline in volume during the second quarter of this year to 55.7 billion Dinars compared to 180.9 billion dinars during the first quarter of 2017, a decrease of 69.2 percent, and the volume of trading for the second quarter by 40.4 percent from the second quarter of the previous year 2016.

The report, received by "morning", the banking sector occupied during The second chapter of 2017 ranked first In terms of volume of trading amounted to about 39.6 billion dinars, or 71.1 percent of the total, while the second place was the industrial sector where the turnover amounted to about 10.5 billion dinars, or 18.9 percent of the total, and came in third place the service sector, Trading around KD 1.9 billion and 3.6 percent of the total.

The report added that the average session of the volume of trading during the second quarter of this year about 1.0 billion dinars compared to 2.9 billion dinars during the first quarter, where the number of trading sessions during this chapter 58 trading session compared to 63 trading sessions For the first semester.


Shares traded

The report pointed to the decline in the number of shares traded during the second quarter to about 90.0 billion shares compared to 309.8 billion shares during the first quarter of 2017 and a drop of 71.0 percent, pointing out that the number of shares for the second quarter fell by 70.8 percent from the second quarter of the year Previous 2016.

The report pointed out that the banking sector occupied during the second quarter ranked first in terms of the number of shares traded, where about 81.5 billion shares and 90.6 percent of the total, noting that the industrial sector came in second place with the number of shares about 6.1 billion shares and 6.7%

The number of shares traded reached about 1.4 billion shares and 1.5% of the total. The turnover of the number of shares traded during the second quarter reached 1.6 billion shares against 4.9 billion shares for the first quarter of 2017 .


Number of contracts

The number of contracts executed during the second quarter was approximately 23.3 thousand, compared to 31.0 thousand for the first quarter, a decrease of 24.8%. It is worth noting that the number of contracts for the second quarter decreased by 21.7% compared to the second quarter of the previous year 2016 .

He pointed out that the banking sector ranked first in terms of number of contracts with about 11.1 thousand contracts and 47.5% of the total, followed by the industrial sector where the number of contracts amounted to about 5.6 thousand contracts and by 24.1% of the total, and came in third place

The services sector reached about 2.9 thousand contracts and by 12.3% of the total number. The average number of transactions reached about 402.2 contracts during the second quarter of 2017 against 492.1 contracts during the first quarter of 2017. a Record

The report showed that the general index of stock prices in the Stock Exchange for the second quarter of 2017 recorded a decline of 13.6 percent to close at the end of the season at 576.11 points compared to 664.46 points at the end of March of This year.

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