Iraq market: Foreign investors account for 18% of market investors

The Iraqi market for securities revealed Wednesday that foreign investors represent 18% of the market investors, noting that there are 30 foreign investment funds traded in the market.

"The Iraqi investor continues to represent the largest segment of daily trading and the aggregate annual indicators of the market," said the executive director of the market Taha Ahmed Abdul Salam in an interview for Alsumaria News. "The foreign investor still represents 17-18% of the market investors.
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"What distinguishes the foreign investor is that there are 30 non-Iraqi foreign investment funds trading and dealing with the shares of the Iraqi shareholding companies, while there is no Iraqi investment fund trading because of the lack of instructions to establish Iraqi investment funds."

The investment fund is a financial vessel owned by thousands of investors. The capital of the fund is supported by millions. It is managed by specialized experts who carry out studies on the best companies that can be invested to ensure the best return. On many stocks and bonds. Thus, the investor gets the advantage of diversification and relatively less risk of direct investment on the stock exchange.

It is noteworthy that the Iraqi market for securities has been using electronic trading systems and central depository since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions a week from Sunday to Thursday, and included 103 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment and tourism And hotels.

Article Credit: https://www.alsumaria.tv/
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