The Iraq Stock Exchange suspends its activities for 12 days

The Iraq Stock Exchange suspends its activities for 12 days

7/27/2020 13:05

The Iraq Stock Exchange suspends its activities for 12 days[Baghdad_Eye]
The Iraq Stock Exchange announced, on Monday, that it would suspend its activities for 12 days on the occasion of Eid Al-Adha and a curfew.
“In compliance with the official holiday timings announced in Iraq, the market administration has decided not to organize trading sessions for the days of July 29 and for 12 days as it coincides with the Eid Al-Adha holiday,” the market said in a statement.

And the market added, “The first trading session in the Iraq Stock Exchange will be from Sunday 9/8/2019.”

It is noteworthy that the Iraq Stock Exchange has used electronic trading systems and central depository since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions per week from Sunday to Thursday, and it includes 105 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels.

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