The Executive Director of the Iraqi market for securities Taha Ahmed Abdul Salam, on Sunday, a record decline in the volume of trading and a rise in the value of trading during the week with the participation of 45 companies.
“The market organized during the week ending March 29 five trading sessions in the regular market and in the second market,” Abdulsalam said in a statement. “The number of companies listed on the market reached 102 joint stock companies, 54 of which are listed in the regular market And 48 listed companies in the second market. ”
Abdul Salam added that “the market traded shares of 36 companies in the regular market and 9 companies in the second market, while did not trade during the sessions last week shares of 33 companies,” pointing out that “the number of transactions executed last week amounted to 2372 deal compared to 1967 deal for the week before “He said.
He added that “the number of shares traded last week amounted to 20.041 billion shares compared to 28.557 billion shares for the week before, down by 29.8%,” noting that “the index closed the ISX 60 last session of last week at 632.57 points, down 0.97% “He said.
He pointed out that “the number of shares purchased from non-Iraqi investors last week 484 million shares, up by 33% compared to the week before and the value had reached one billion dinars through the implementation of 323 transactions on the shares of 9 companies, which also rose by 107%.”
He pointed out that “the number of shares sold by non-Iraqi investors last week amounted to 400 million shares, up by 1.969% compared to the week before and was valued at 410 million dinars through the implementation of 122 transactions on the shares of 5 companies, up 400%.
It is noteworthy that the Iraqi market for securities used electronic trading systems and central deposit since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions a week from Sunday to Thursday, and included 101 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels .