The index of the Iraqi market for securities traded 3 billion shares and the value of 2 billion dinars at the same time transactions (1957) deal, last week.
“The Iraqi market for securities organized during the week ending July 6, five trading sessions in the regular market and three trading sessions in the second market, and the number of companies listed on the market (101) joint stock company (72) companies listed in the regular market and (29) listed companies in the second market and traded during the sessions last week shares (47) companies in the systemic market and two companies in the second market.
Abdul Salam said that “the number of companies suspended from trading for lack of commitment to provide the annual and quarterly disclosure of the Authority and the market became (21) companies after the decision of the General Authority to stop trading on companies that did not provide quarterly data for the first semester of 2017 and companies are (Commercial Bank of Iraq, , Al Hilal Industrial, Iraqi Land Transport, Al Badia Public Transport, Al Khatem Telecom, Al Khair Financial Investment, Bin Nahrain for Financial Investment) and the continuation of the suspension on the following companies: Aftyh). ”
He explained that “companies that are included in the hot spots are obliged to submit a disclosure by the Chairman of the Board of Directors on the overall status of the company to be returned to circulation (modern construction materials, the manufacture of home furniture).”
He pointed out that the number of shares traded for last week amounted to (3) billion shares, down by (15.74%) compared to the week before, where recorded a timely trading (4) billion shares, while the value of those shares amounted to (2) billion dinars compared to (3) ) Billion dinars for the week before which is also recorded a decrease (23.07%).
“Last week, deals were executed in (1957), compared to (2334) transactions for the week before. The ISX 60 index rose by 0.24 percent from the close of the previous week when it closed at (576.11) points,” he said.
“The number of shares purchased by non-Iraqi investors last week reached (153) million shares, a decrease of (52%) compared to the week before, and the value of these shares amounted to (168) Million dinars through the implementation of (84) share on the shares of (10) companies are down by (73%) compared to the week before.
The number of shares sold by non-Iraqi investors last week reached (1) billion shares, up by (28%) compared to the week before, and the value of those shares amounted to (727) million dinars through the implementation of (329) deal on the shares of (9) companies (8%) compared to the previous week. “