Posts Tagged ‘Iraq Stock Exchange’

11/19/2013 12:00 AM

Securities Commission and the Central urging banks to الاندراج in the stock market
BAGHDAD – Farah pumice

Traded 73 companies listed in the regular market for securities shares to record proportions between the rise and fall, which point rise in trading volume during the third quarter of this year than it is in the year 2012, so it came expectations specialists occurrence of a quantum leap in the financial market over the next year 2014. (more…)

01 Sep 2013
Member of the Economic Committee of the Kurdistan Alliance MP Mahma Khalil stated the importance of activating the stock market to increase storage and support the economy.

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Safe haven: Iraq Stock Exchange to support the economy

30-08-2013 12:51 PM

Baghdad (newsletter).Member of the Economic Committee of the Kurdistan Alliance MP mahma Khalil, the importance of activating the stock market to increase storage and support the economy. (more…)

Monday 05/08/2013

Mahma Khalil Alsnjara: Vice-President of the Economic Commission project to delete the zeros and economic feasibility of the regional climate has become suitable for launch

MP for Kurdish bloc Mahma Khalil Alsnjara Vice-Chairman of the Committee

Economic development in the House of Representatives by the Iraqi government to activate the decision to delete three zeros from the Iraqi currency . (more…)

The Iraqi government announced day Thursday 25/7/2013, 01/08/2013 official holiday during the holy month of Ramadan, ISX will not be held in the trading sessions these days
24/07/2013 08:13

http://bit.ly/1c2fZni

30d130786c46ff17915cce908927d11d30-06-2013 10:40 AM

Baghdad (newsletter). Economist Ismail said Radi, the Convention concluded by the Iraq market for securities with the NASDAQ stock market will contribute to the development of its trading system.

He said content (News Agency): the Iraq market for securities with an urgent need to develop its work through the use of modern technology systems, hiring discreet international institutions specialized in developing the work of global exchanges.

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30-06-2013 09:00 AM

Executive Director announced to the Iraqi market for securities Taha Ahmed Abdulsalam signing of an agreement with Nasdaq OMX »American information technology to transform the e-trading system to the middle of next year.

That «the signing of the agreement obtained after studies and negotiations continued for months, and after analyzing the technical specifications through design study discussed by the Board of Governors and management of the market with the Securities Commission and its member brokerage firms in the Iraqi market for securities. (more…)

Iraqi market for securities
Iraqi market for securities uses Bnazdak to make it a financial center on the regional and global level

06/29/2013 16:07

The Foundation signed a NASDAQ Global Market, on Saturday, an agreement with the Iraqi market for securities to develop the system work in business dealings, and showed institution that the agreement includes replacement of the stock market Iraqi its system current ones will make it a platform for stock trading fast and sophisticated at the global level, as confirmed by local officials that partnership with the NASDAQ will make Iraq a financial center for all commercial activities of regional and global markets.

He said the first deputy chairman technology stock market in an institution NASDAQ Lars Ottarsgard in an interview for إنفستر news economic and briefed him (range Press), “The Corporation NASDAQ NASDAQ Global Stock Exchange and headquartered in New York and signed with the Iraqi market for securities ISX agreement to develop the system work the Iraqi market, the current business dealings and congratulate the Iraqi stock market on their pledge to develop their commercial system to occupy their place at the forefront of the market based on modern technology in the Middle East

He Oter Sgaard that “according to the terms of the agreement Vstqom stock market Iraqi replace its system of current ones backed technology company X-Stream X-Stream Technology of the NASDAQ, as will be the introduction of developments technological modern stock market in mid-2014,” noting that “the updates that Stdkhalha technology X Stream on the Iraqi stock market system will make it a platform for business transactions fast and sophisticated, which will increase to attract investors in the Middle East and the global level. “

For his part, said Michelle Carlson, head of business development for the Middle East and North Africa in the NASDAQ “We are very proud بتقديمنا Technology X-Stream modern to support the development of the stock market of Iraq to become a market recognized brand in the region and be the station to attract investors to local and international alike.”

In turn, the director of the Iraqi market for securities Taha Abdul Salam said that “the market’s administration is committed to making it one of the most bourses Tjaddeda and active in the Middle East and across the world,” noting that “the modernization and development of the system our commercial technological with the survival of our continuing partnership with the NASDAQ is a clear indication for investors The stock market dealers that Iraq will continue to be the financial center of all activities of regional and global trade. “

He said Abdul Salam that “the process of modernization and according to the technology company X-Stream X-Stream will provide the Iraqi market for securities most modern techniques of technology stock trading in accordance with the international standards and the adoption of this technology is a step in an ambitious market Iraqi Stock Exchange to become a point of attraction in the Middle East capable of hosting and facilitate other regional Alasouk activities. “

During a period of less than ten years the proportion of stock trading business in the Iraqi Stock Exchange tenfold expectations of sales of shares to more than $ 1.2 billion during the year 2013 while the increased market capitalization seven-fold during the same period to reach more than 12.170 billion dollars in the first six months in 2013 only.

The technology NASDAQ X-Stream currently used in more than 25 exchange in the world market.

And the market for securities Iraq three branches in Baghdad and Erbil, Najaf and the latter opened in the seventh month of January 2013.

It is noteworthy that the Iraqi market for securities, which was established in June 2004, which was founded and was following a manual trading prior to the adoption of electronic trading in part on 19 April 2009, and then fully in the year 2010, and traded in the market dozens of companies specializing in sectors including banking, industry , hotels, tourism, agriculture, and the number of sessions the market in the year 2010.236 session, during which trading of more than 256 billion shares worth more than $ 339 million through the implementation of 71 thousand a decade, and in 2009 the number of sessions the market 152 a session, it was a circulation of about 211 billion shares valued at 307 million dollars through the implementation of the 49 thousand contract.

 

http://bit.ly/11UXAl6

Published on Saturday, October 20 1 / Okrudolf 2012 11:32
BAGHDAD / obelisk: Securities Commission revealed, Saturday, she put new controls to regulate trading in the market and will be implemented soon, pointing out that the new measure to ensure the reputation of the market by ensuring the rights of the investor home daily in the trading process. (more…)

Date: 2012-10-19 11: 10: 58 Friday

Baghdad (newsletter) … Financial expert attributed the Salem aldaini, weak market activity Iraq Stock Exchange to slow the growth of the investment process in the country, due to legal constraints against investors.
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Head of the Board of Governors of the Iraqi market for securities Leith ruled Tamimi, an agreement was signed with an international company to develop the mechanics of trading Alalictona in the local bourse. (more…)

07/22/2012

The head of the Board of Governors of the Iraqi market for securities Laith al-Tamimi was sentenced to adopt the system custodian end of this year.

Tamimi said in an interview / JD / that this system is one of the latest systems used in international stock markets, which helps to turn the circulation and expansion in the volume of money invested in the market, because it is a system that works to secure the funds of investors. (more…)

Deleting zeros needs further deliberations, says Iraqi Central Bank
01/07/2012 17:59

ERBIL, July 1 (AKnews) – The Iraqi Central Bank (ICB) stated today that the deletion of zeros from the currency still needs further deliberations with relevant institutions. (more…)

Date: Monday, 18-06-2012 10: 03 am

Baghdad (newsletter) … Banking expert suggested Ghazi alkanany, open the specific sections of the Iraq market for securities in all provinces to promote investment through stock trading.
Alkanany said (News Agency news) Monday: all governorates of Iraq need independent exchanges through which entry investment firms located in the governorates and stock trading, will encourage investment in the country. (more…)

24/05/2012 0:00

gave the central bank, yesterday, a proposal to form a joint committee shall study the decision to delete the zeros from the currency.

The deputy governor of the Central Bank of the appearance of Mohammed’s “Centre news for the Iraqi Media Network” yesterday: The proposal, sent to the Government for the formation of a committee to study the application of the decision to delete the zeros from the currency, comprising representatives of the Central Bank of Iraq and the Council of Ministers and Vice specialists from Parliament. (more…)

21/05/2012 08:14
BAGHDAD / center news for the Iraqi Media Network – Authority confirmed Iraq Stock Exchange that the deletion of zeros from the local currency hurt at the current stage the level of stock trading in the Iraqi market for securities. (more…)

Iraqi market for securities greets the third anniversary of the start of electronic trading
13/05/2012 13:36

Erbil, May 13 (Rn) – revived Iraqi market for securities, Sunday, the third anniversary of the start of electronic trading, where he praised the President of the Board of Governors of the market awareness of the investment which contributes to the creation of investment activity for the community through the availability of the correct behavior. According to a statement of the market. (more…)

Date: Saturday, 12-05-2012 12: 04 pm

Baghdad (newsletter) … The Deputy Governor of the Central Bank sees the appearance of Mohamed Saleh, to submit a report on the status of bank financial Sergeant alorkaa to the Central Bank within the next few days to see a bank financial assets hand and its required external financial, legal actions in the light of the report. (more…)

11/05/2012 11:58

Baghdad, May 11 / May (Rn) – The Iraqi Central Bank Governor Friday high reserve bank cash of $ 50 billion to 60 billion dollars, indicating that the process of deleting the zeroes will begin early next year.

said Central Bank Governor Sinan Shabibi told the Kurdish news agency (Rn ) that “the reserves of Iraq cash rose to $ 60 billion after it was last year’s $ 50 billion.” (more…)

26-03-2012 11:02 AM
A number of Iraqi economists to start deleting the zeros would hinder the development of the Iraqi market for securities because it will cause the reduction of stocks of State to 20% after it witnessed during the current year 80%.

said an economist and professor at the University of Mustansiriya Radi al-Husseini that the ‘stock of Foreign Affairs of the Stock Exchange will drop to 20 % if the Iraqi Central Bank to raise three zeros from the local currency, because it is not something organizationally, but beyond that where it causes obstruction of financial transactions, including block the signing of an agreement with the brokerage firm, in addition to delay the signing of authorization form with the brokerage firm because the foreign investor believes that a change of currency will reduce profits. ‘ (more…)

Baghdad, March 25 / March (Rn) – The number of Iraqi economists to start deleting the zeros would hinder the development of the Iraqi market for securities because it will cause the reduction of foreign equity to 20% after it experienced during the current year 80%.

He said an economist and professor at the University of Mustansiriya Radi al-Husseini, told the Kurdish news agency (Rn) that “the stock of Foreign Affairs of the Stock Exchange will drop to 20% if the Iraqi Central Bank to raise three zeroes from the local currency, because it is not something organizationally, but beyond that where it causes obstruction financial transactions, including block the signing of an agreement with the brokerage firm, in addition to delay the signing of authorization form with the brokerage firm because foreign investors believe that the change of currency will reduce profits. “ (more…)

Baghdad, March 24 / March (Rn) – The body of the Iraq Stock Exchange today, Saturday that the deletion of three zeros from the local currency will not affect the level of equity investment of external and internal.

And announced that the Securities Commission for its off day starting from Sunday until next Thursday in response to the holiday announced by the Iraqi government. (more…)

03/21/2012 – 09:51

Market announced the Iraq Stock Exchange, Wednesday, from trading in more than 46 billion shares valued at more than 81 billion dinars during the month of February, compared to January which is the total shares traded more than 24 billion shares.

And trading of the market during the month of February, 46 billion and 40 million shares of trading amounted to 81 billion and 738 million dinars, compared to January which is the total shares traded in which 24 billion and 473 million shares valued financial reached 41 billion and 186 million dinars, reaching No. of Companies 66 companies out of 87 companies listed electronically on the market. (more…)

On: Wednesday 02/29/2012 13:04

Baghdad (news) .. According to financial expert, Abdul Sattar al-Bayati, that the work of the stock market is not encouraging despite the entry of new technology, likely withdrawal of small banks in the event of entry of banks merged with large amounts of capital.

Bayati said (of the Agency news) said on Wednesday: The stock market in Iraq since the year (2003) and yet is still not encouraging and the failure in spite of developments in it and the introduction of the technological and the use of Alajhzh electronic because of the vision inadequate for this market and perhaps there is no doubt in his role in the economic development of the country. (more…)

Declared the Iraqi market for securities, Saturday, from trading in more than 24 billion shares traded amounted to a value of more than 41 billion dinars during the month of January and an average of five sessions per week.

And trading of the market during the month of January 24 billion and 473 million shares worth trading reached 41 billion and 186 million dinars, the equivalent of $ 34 million a session low by 32.4 percent from last December, while the number of companies traded 59 companies out of 87 companies listed electronically in the market. (more…)

12/02/2012 12:11:00

The Iraqi News Agency Independent / Baghdad / a. M … Consider a government official that the Iraqi banking sector is not efficient because the banks are not the facilities and the rest of the banking operations

The head of the Securities Commission Abdul Razzaq al-Saadi of the reporter (and independent Iraqi news agency) that Iraqi banking sector is inefficient, and banks are not the facilities and the rest of the banking operations and lacks the necessary possibility of lending for the purposes of development and in turn the expected

And that Saadi Work in the securities needed to settle cash in banks, Valtpadl in the Iraqi market for securities sale and purchase is according to two phases, the transfer of ownership of the stock from person to person and place in center of deposit of Iraq and against which there must be pay in cash to the buyer pays Vestelm seller at the same time and this BIS is in cash. ” (more…)

Showed statistical publication Arabic site dedicated stock exchange, on Saturday, Iraq’s sweep of the Arab Stock Exchange in terms of profit last year despite the conditions of security Almtkhalkhalh.

Iraq promised, according to statistics, the biggest gainers in the Stock Exchange last year, shares in the profit rate reached about 35%.

The site posted a “numbers” seen by the results of the Gulf “Twilight News” noted that “the Iraq Stock Exchange is the biggest gainers in the stock market in 2011 was an average of 35%, while the share of Qatar Exchange is a small percentage of 3.0%.”

According to the site, the reason for this is “the impact of the political situation of the Arab revolutions impact directly on the Stock Exchange of countries that have taken place where these revolutions.” (more…)

13/01/2012 13:44

Baghdad, January 12 (Rn) – economists called for Iraqis to open the Iraqi market for securities in the days of Friday to continue with the global market.

The director of the Center for the Iraqi market to Ke Ji told the Kurdish news agency (Rn) that “the Iraqi Stock Exchange is still young and need to communicate with the world stock exchanges to attract equity and not in their interest that the disruption in the days of collection.”

He said that “Iraqi Stock Exchange advanced well during this period thanks to good management and diversification of its investment shares that participate in the stock market but you must be affected by holidays and special occasions.” (more…)

Resumption of trading sessions in the Iraqi market for securities

On: Tue 03/01/2012 7:15

The executive director of the Iraqi market for securities Taha Ahmed Abdul Salam, said the trading sessions in the market will resume from Tuesday night after a hiatus of more than ten days.

He added, according to Abdel-Salam, “news agency Uzmatk” The circulation has been the participation of 85 companies included in the regular trading sessions in the market, representing trades for investors realized the Iraqis and non-Iraqis. (more…)

THURSDAY, DECEMBER 29

Expected number of foreign investors, on Thursday, to increase foreign interest in Iraq’s fledgling stock exchange next year after the main index jumped more than 30 percent this year, noting that Iraq’s economy will become the fastest growing in the world during the next decade.

And renewed tensions within the Iraqi government immediately after the withdrawal of troops, raising the prospect of renewed sectarian conflict that pushed the country to the brink of civil war a few years ago. (more…)