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…)
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…)
Market announced the Iraq Stock Exchange, Wednesday, from trading in more than 490 billion shares worth internationalized reached more than 900 billion dinars over the past year 2011, noting that the market value of trading for the same year, four thousand and 930 dinars.
The executive director of the Iraq market for securities, Taha Ahmed Abdul Salam in an interview for “Alsumaria News”, “The market traded during last year’s 492 billion shares worth trading amounted to 941 billion dinars compared to 2010, which was traded by the 255 billion shares worth money of 400 billion dinars, an increase of 135 percent, “noting that” the number of traded companies also increased from 85 companies for the year 2010 to 87 companies for the year 2011. ” (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…)
Iraq’s stock exchange closed 34% up for the whole of 2011 due to the earliest foreign investors buying into Iraq’s growth story.
Undeterred by increasing security and political issues, and housing and power shortages, intrepid foreign buyers bought a net USD110m in shares this year in a market currently valued at $4bn. Next year will bring more of the same. (more…)
21/12/2011 15:52
Baghdad, 21 December / December (Rn) – The body of the Iraq Stock Exchange on Wednesday that the escalation of disputes between the political blocs in the country did not affect the Iraqi Stock Exchange this week in terms of capital flows.
The strained political atmosphere in Iraq, one day after the withdrawal of U.S. troops from the country when the Iraqi judge has issued an arrest warrant for the Vice-President and leader of the Iraqi List, Tareq al-Hashemi on charges of supporting death squads.
And sacked Prime Minister Nuri al-Maliki, Vice President Saleh al-Mutlaq, leader of the Iraqi List, after describing the last prime minister as a “dictator.” (more…)
Baghdad, December 21 (Rn) – The Iraqi Commission for Securities, said on Wednesday that the volume of trading amounted to 3 billion and 800 million dinars during the week.
The Executive Director reported to the Securities Commission Abdul Razzaq al-Saadi told the Kurdish news agency (Rn), “The volume of trading during the day amounted to 3 billion and 800 million dinars during the week, which indicates the effectiveness of the Iraqi market for securities.”
Saadi added that “the volume of trading in the market, Iraq Stock Exchange will move upward through the next week because of the enthusiasm of investors to participate in market transactions.” (more…)
* 13,000 km subsea cable network to link GCC with Iraq, Iran, India and Europe
* $500 mln invested thus far, expansion into Singapore planned
* Shareholders include regional sovereign wealth funds QIA and KIA
DOHA, Nov 28 (Reuters) – Qatar-based Gulf Bridge International (GBI) is completing the final stages of a submarine cable network that will give Iraq fast, reliable connections to other parts of the world for the first time, the network’s operator said on Monday. (more…)
11/14/2011 0:00
Economists emphasized that a lot of investors with few opportunities to work with the presence of liquid compete for investment opportunities in the country and especially after the rise in property prices is very large as well as the difficulties faced by many investors, including self-financing and preference for foreign investments and others, as noted specialists in their conversations for ” Future of Iraq “that many of the deposits do not give good returns.
Economic expert behind Kanani said that investment can be defined is the part of income saved and re-use in order to develop and maintain. The selection of the investor to invest should take a certain knowledge of the realism of the various types of investment and features of each. (more…)
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd November 2011).
The RSISX index ended the week at ID1,422 / $1,533, -7.7%. The number of weekly traded shares was 16.5bn and the weekly trading volume was ID24.8bn ($20.5mn).
Note: Iraq Stock Exchange (ISX) will be closed from November 4, 2011 (Friday) to November 12, 2011 (Saturday) due to the religious holiday, Eid al-Adha. The first trading session will be on November 13, 2011 (Sunday). (more…)
Posted on 31 October 2011.
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th October 2011).
The RSISX index ended the week at ID1,540 / $1,768, -4.5% (weekly change). The number of weekly traded shares was 19.8bn and the weekly trading volume was ID34.7bn ($29.6mn).
Note: Iraq Stock Exchange (ISX) will be closed from November 4, 2011 (Friday) to November 12, 2011 (Saturday) due to the religious holiday, Eid al-Adha. The first trading session will be on November 13, 2011 (Sunday).
Read More: http://www.iraq-businessnews.com/2011/10/31/iraq-stock-market-report-9/
Sat 22/10/2011 6:02
have seen the Iraqi market for securities during the past week shares increasing for foreign investors, at the time of preparing the market for the shares of mobile phone companies three main operating in the country. The managing director of the Stock Exchange, Taha Ahmed Abdul Salam in a press statement
“The values of shares traded in the year to September 30 rose to $ 495 million compared with $ 337 million in 2010 as a whole.”
16-10-2011 | (Voice of Iraq) – With the approaching date for the withdrawal of U.S. troops
With near total U.S. pullout from Iraq by end of this year, and the failure of the Iraqi political blocs to a final version on how to deal with the security file in the country starting next year, as well as how they can which solve the crisis of U.S. trainers; seem alternatives are limited to the Iraqi leaders, as well as it is very difficult, especially in light of the continued political differences that cropped up remarkably since the end of the parliamentary elections held in March 2010, and up to the agreements Erbil that the debate is still going on between the Iraqi List led by Iyad Allawi, and the rule of law, led by Prime Minister, Nouri al-Maliki, on the implementation.
The chief executive of the Iraqi Stock Exchange, Taha Ahmed Abdul Salam to double the market value of the Stock Exchange from four billion to eight billion dollars as soon as the shares of the three mobile phone companies operating in the country in the Iraqi stock market.
It is noteworthy that any company of the three companies had not yet become a joint stock company, a key requirement and a first step towards a public offering in the Iraqi Stock Exchange, but regulators granted the three companies more time to complete the process which was supposed at the outset to be by August 31
* Telecommunications IPOs expected next year
* Value of those IPOs could be $4 billion
* Now 23 million mobile users in Iraq
ARBIL, Iraq, Oct 13 (Reuters) – Iraq’s stock exchange market will double its capitalization to $8 billion once the three main mobile-phone companies operating in the country are listed, the market’s head said.
Asiacell, an affiliate of Qatar Telecom , Korek Telecom, which is part-owned by France Telecom and logistics firm Agility and Zain Iraq, a unit of Kuwait’s Zain , are required by their license terms to list shares on the local bourse.
CNBC Video: Foreign Direct Investment in Iraq, posted with vodpod
Positive implications for banks to link the Iraq Stock Exchange electronically
Invited the Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam, to link the work of government and private banks with each other electronically, said Abdul Salam: The market needs to enter the electronic clearing in the work of government and private banks because of their positive effects on the movement of shares in the Iraqi market for securities Finance.
He added, was to include 19 private banks in the form of a joint stock company listed on the market is trading shares by the shareholders at the meetings market daily, referring to the deposit recorded in the center of the Iraqi Stock Exchange like any other.
Baghdad (news) .. An advisor of the Central Bank of the appearance of Mohammed Saleh said that the size of the Iraqi market for trading securities and not more than a narrow (10%) is supposed to be less than (30%), calling for a revitalization of its work.
Saleh said in a statement to the Contact Agency (news) on Saturday: you must activate the work of the stock
market because it is narrow, which does not exceed the volume of exchange (10%) and should not less than (30%).
Baghdad ( NINA)- Iraqi finance minister Rafii-Elessawi discusses with James Jevery US ambassador in Baghdad the latest political developments in Iraq , the mechanism how to deal with , as well as how to activate the notion of a real political partnership .
A statement issued by El-Essawi office pointed out that the issues related to an earlier contacts conducted in Washington by Iraqi delegation and US officials over the protection of Iraqi stock in the world were at the center of talks between the two men.
The statement noted that during the meeting which took place in El-Essawi office , the political crises witnessed by many countries in the Middle-east were also in center of talks between the two officials .
http://www.ninanews.com/english/News_Details.asp?ar95_VQ=FGHEDI
Introduced the Iraqi market for securities
Introduced the Iraqi market for securities as a center for the filing requirements of electronic trading, which slips and market two years ago.
In order to shed light on the objectives of the establishment of this center met with «economic morning» Managing Director of the Centre Ahmed Salim Amin, who pointed to the independence of the Centre financially and administratively after the division of the market by a decision of the Securities Commission.
Basra, March 24 (Rn) – held in the governorate of Basra on Thursday, the first conference to establish a market Basra Stock Exchange to support and develop the Iraqi economy and boost investor confidence globally in financial markets of Iraq and the strengthening of financial ties and increased trading the local, Arab and global levels.
The Managing Director of the Iraq market for financial pro Taha Ahmed Abdul Salam told the Kurdish news agency (Rn) that “the opening of the market for securities in the province of Basra is what it seeks to Iraq, particularly conservative and is accepted by Iraq economically.”
The demonstrations seen throughout Iraq over the past two weeks have so far had no discernable effect on the ISX. As of February 24, the RSISX index had risen 19% year-to-date to a new high for the year. Iraq is now the region’s top performer.
This strong performance is not hard to understand. In contrast to their counterparts elsewhere in the region, Iraqi demonstrators are not advocating radical political change. Indeed many of the reforms people have been calling for in other countries occurred in Iraq years ago following the overthrow of Saddam Husein. Nor, given the continuing influence of the United States, is the army likely to take advantage of the situation by staging a military coup, as appears to have been the case in Egypt.
Announced that the Iraqi market for securities, Saturday, that the banking sector is the most heavily traded issue, with the hotel sector is attracting the top price of shares traded.
The executive director of the Iraqi market for securities, Taha Ahmed Abdul Salam said in an interview for “Alsumaria News”, “The seven sectors are traded in the market for securities Iraq by Iraqi investors and foreigners,” adding that “the banking sector is the most heavily traded stock, followed by industrial, hotel and tourism, “noting that” the hotel sector is attracting the top price of the shares that are traded. “
