The Executive Director of the Iraqi market for securities Ahmed Abdul Salam, Saturday, recorded a rise for the second week in a row in the number and value of shares traded with the participation of 45 companies out of 101 listed companies in the market.
“During the week ended, the Iraqi Stock Exchange organized five trading sessions in the regular market and five sessions in the second market, where shares of 41 companies traded in the regular market and 4 companies in the second market out of 101 joint stock companies,” Abdul Salam said in a statement.
He added that “the number of shares traded last week amounted to 4,181 billion shares compared to 1,977 billion shares for the week before, recording an increase of 111.5%, while the value of shares traded 3,859 billion dinars, compared with 1,638 billion dinars for the week before, also higher by 135.6%.
He added that “the number of transactions executed last week amounted to 1948 deal compared to 1361 transactions for the week before, closing the ISX 60 index in the last session of the week at 565.08 points, up 0.04% from the close of the week before when it closed at 564.85 points.”
As for the indicators of the circulation of non-Iraqi investors in the Iraqi market for securities, between Abdul Salam that “the number of shares purchased from non-Iraqi investors last week amounted to 244 million shares decreased by 42.9% compared to the week before, while the value of those shares amounted to 331 million dinars through the implementation of 123 deal On the shares of 11 companies down that value by 2.7% compared to the week before.
The number of shares sold by non-Iraqi investors last week amounted to “247 million shares, up by 30.9% compared to the week before. The value of those shares amounted to 151 million dinars through the implementation of 81 transactions on the shares of 8 companies are also higher by 28.8% compared to the week before “He said.
The Iraqi Stock Exchange has used electronic trading systems and central depository since 2009 and seeks to launch the Internet trading system for investors, and organizes five weekly trading sessions from Sunday to Thursday, and listed 101 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment and tourism And hotels.