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Freeze trading of 5 companies did not disclose financial statements
Baghdad / Acer Jabbar
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Freeze trading of 5 companies did not disclose financial statements
Baghdad / Acer Jabbar
It revealed the Iraqi market for Oroaq, for approval of the three banks on the steps of its shares on the stock market, while the contribution of those banks expect to increase market movement.
Meanwhile , a source said, the market decided to suspend trading of 5 companies for failing to disclose their data Almalah.oukal Executive Director of the market , Taha Ahmed Abdul Salam said in an interview to the (long - Presse), " The three banks had expressed willingness on the stock drawer to be effective and contribute to the market , " noting that " the approval of these banks came after the central bank 's decision to the need for banking stocks drawer in the Iraq Stock Exchange."
Abdul Salam said , "and he added three banks are" international development and Ceyhan and the Islamic nation , "expected to" those banks contribute to increased market movement as well as the impacts on the work of banks . " On another side, a source in the Iraq Stock Exchange said," long " , said that " the governing body for the stock market decided last Thursday to stop five companies contributed to the lack of disclosure of financial statements for the third quarter of 2016 trading , " asserting that "Iraqi companies are road transport and good financial investment and the Bank of Zain Iraq , the Islamic World and the Islamic Bank and the Arab Bank."
He noted that " the number of companies that suspended its shares from trading on the stock market amounted to 20 companies for failing to disclose its financial statements."
He added that " the Securities Commission also decided to continue to stop the economy the Bank of shares and company transport petroleum products and industries modern paint, light industry and Almahj financial convertible and Allowail financial transfer , "noting that" the body of companies which fall within the hot spots called a modern construction materials and manufacturing home furnishings and Fallujah , construction materials and Mosul cities gaming to provide disclosure by the chairman of the board of Directors of the situation overall for the company to be re - shares for trading. "
The stock market has closed lower in a session last Thursday at the point at 665.200.
Meanwhile , a source said, the market decided to suspend trading of 5 companies for failing to disclose their data Almalah.oukal Executive Director of the market , Taha Ahmed Abdul Salam said in an interview to the (long - Presse), " The three banks had expressed willingness on the stock drawer to be effective and contribute to the market , " noting that " the approval of these banks came after the central bank 's decision to the need for banking stocks drawer in the Iraq Stock Exchange."
Abdul Salam said , "and he added three banks are" international development and Ceyhan and the Islamic nation , "expected to" those banks contribute to increased market movement as well as the impacts on the work of banks . " On another side, a source in the Iraq Stock Exchange said," long " , said that " the governing body for the stock market decided last Thursday to stop five companies contributed to the lack of disclosure of financial statements for the third quarter of 2016 trading , " asserting that "Iraqi companies are road transport and good financial investment and the Bank of Zain Iraq , the Islamic World and the Islamic Bank and the Arab Bank."
He noted that " the number of companies that suspended its shares from trading on the stock market amounted to 20 companies for failing to disclose its financial statements."
He added that " the Securities Commission also decided to continue to stop the economy the Bank of shares and company transport petroleum products and industries modern paint, light industry and Almahj financial convertible and Allowail financial transfer , "noting that" the body of companies which fall within the hot spots called a modern construction materials and manufacturing home furnishings and Fallujah , construction materials and Mosul cities gaming to provide disclosure by the chairman of the board of Directors of the situation overall for the company to be re - shares for trading. "
The stock market has closed lower in a session last Thursday at the point at 665.200.
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