Iraq Stock Exchange: foreign trading volume amounted to 176.5 billion dinars in 2011

Iraq Stock Exchange: foreign trading volume amounted to 176.5 billion dinars in 2011

16/02/2012 15:35

Abdul Razzaq al-Saadi

Baghdad, February 16 (Rn) – The body the Iraq Stock Exchange, Thursday, that stock trading volume of foreign in 2011 the last in Iraq rose by 184% value of 176.5 billion dinars, while the total during the previous year 62.8 billion Iraqi dinars. The chief Securities Abdul Razzaq al-Saadi told the Kurdish news agency (Rn) that “the stock trading volume of foreign in 2011 last year hit 176.5 billion dinars, an increase of rate of 184% from a year earlier after a volume of 62.8 billion Iraqi dinars.” said Saadi said the “number the standard for trading amounted to 136.03 points during the year 2011 the past, while in 2010 nearly 100.98 points. ” said Saadi, saying that “the body continues its project to develop methods and systems used in the Iraqi market for securities development and means of disclosure and dissemination of information and promotion of investment awareness among foreign businessmen and the Iraqis. ” a volume of general in the Iraqi market for securities during last year’s 941.2 billion an increase of 135.1%, after it was trading volume stood at 400.3 billion dinars in 2010, while the number of shares traded 492.3 billion, after the number of shares may amounted to 255.6 billion shares, or an increase of 92.6% from the previous year.  The Securities Commission has said earlier about Iraq’s progress on the countries of the region the size of financial trading increased by 70%. and Exchange began Iraq’s activity in 2004, and shifted from manual trading to the use of screens handle electronic in 2009 and open for trading two hours a day five days a week, and is the banking sector is the broader discourse on the stock exchange, which also includes the shares of industrial companies and insurance companies, hotels and agricultural companies. of Jafar Allonan, Ts: Walid al-Zaidi, the Open: Karwan Joseph
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