The Iraqi Bourse is active again
Translated by IRAQdirectory.com - [17/03/2007]
After the decision of allowing Arabs and foreigners to circulate in the Iraqi bourse, activity started to crawl back into various sectors of the stock exchange, and especially banks and industry; the main indicators rose and the number of companies whose shares are being circulated increased, following a stage of decline in the bourse during the months of January and February. The number of transactions carried out in the first session during the month of March reached 361 deal, while the volume of circulation rose to one million and 321 thousand dinars, and the number of shares traded around was about 709 thousand shares; the number of companies that have been circulating their shares rose to 38 companies from among the companies enlisted in seven sectors, and which amount to 93 companies with a nominal capital of 774 billion dinars. it is hoped that indicators will continue escalating during the sessions of March so that the bourse's activity would be back to its former era, especially that electronic exchange will enter the Iraqi bourse in April after setting up devices and equipments and training the cadres for this developed type of circulation.
AI
