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Iraq Stock Exchange
Iraq Stock Exchange
Securities confirms circulation of about a trillion dinars in 2016 and prepared by "record-breaking"
Author: AR, ASJ
Editor: AR
01.29.2017 13:57
Number of Views: 414
Editor: AR
01.29.2017 13:57
Number of Views: 414
Long-Presse / Baghdad
Iraq Stock Exchange confirmed, Sunday, nearly trillion dinars traded in the market during 2016, and promised "a record high" compared with previous years, and as indicated the presence of 30 investment funds with a foreigner in the market, attributed the absence of local funds to the lack of a license in Iraq bases.
The executive director of the market, Taha Ahmed Abdul Salam said in an interview (to the extent Press), that "the number of foreign investment funds listed on the market of so far 30 boxes with the absence of local investment funds for drawers," attributing the "absence of local investment funds to the absence of a license for the funds rules local investment in Iraq, contrary to what exists for foreign funds. "
Abdul Salam said that "2016 was a year with a trade typically about trillion dinars in the market, a record number compared to previous years," noting that "the increase gradually began to year-end 2016, we expect an increase in trading volume during the current year."
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