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money and business
Central Bank: Available cash is not available and plan to attract funds Almknza
The Central Bank of Iraq announced on Monday that the available cash is not available, pointing to the development of plans to attract funds and pumped into the banking system.
"Stagnation is a problem and a concern for many countries, especially after the recent technological developments and the subsequent achievements and huge savings in the incomes of the elements of production," the bank's governor Ali Al-Alaq said in a statement.
Al-Alak added that "the Central Bank observes this phenomenon directly and that the available cash is not available as planned," noting that "the Central Bank has a scheme to resolve this issue through the development of plans and studies to attract funds and supply them within the banking system." The term " "It means holding money and locking it out of circulation. It may be that the money is stored or stored in the boxes inside the house and not taken out to trade in the money and capital markets.
The Iraqi Stock Exchange closed slightly lower
The Iraqi Stock Exchange closed during the session on Monday at 576.89, slightly lower than the previous session by 0.35 percent.
And traded in the session, shares of 31 companies out of 100 companies listed on the market, and the shares traded more than one billion shares worth 534.5 million dinars.
The shares of the Al-Nubaha General Contracting Company rose by 8.82%, the Bank of Mosul 6.90%, Bank of Babel 6.67% and Al-Sudair Hotel by 7.58%, Al Ahli Bank by 7.55% and Modern Sewing by 2.50%.
The number of shares purchased from non-Iraqi investors reached 13,905 million shares valued at (35,500) million dinars through the implementation of (27) deal on the shares of four companies.
The number of shares sold by non-Iraqi investors (8,500) million shares valued at (5,015) million dinars through the implementation of (2) deal on the shares of one company.
الأوراق Securities traded more than 146 billion shares in August
The Iraqi market for securities, on Monday, trading more than 146 billion shares in August, noting that the ISX60 index closed at the end of July 2017 at 575.61 points.
"The market was organized in July 22 trading session in the regular market which includes 72 companies and 19 sessions in the second market, which includes 28 companies," said the market's executive director Taha Ahmed Abdul Salam, noting that "the market index ISX60 closed at the end The month of August 2017 at 576.58 points, up 0.17% compared to its value in the close of the month of July of 575.61 points. "
He Abdul Salam," The number of shares traded during the month of August amounted to 146.546 billion shares, up 123% from the previous month value of 137.522 billion dinars Up 237% from the previous month, "noting that" the number of transactions executed amounted to 7735, down by 3.38% for the month of July, but 8006 deal. "
The Central Bank of Iraq announced on Monday that the available cash is not available, pointing to the development of plans to attract funds and pumped into the banking system.
"Stagnation is a problem and a concern for many countries, especially after the recent technological developments and the subsequent achievements and huge savings in the incomes of the elements of production," the bank's governor Ali Al-Alaq said in a statement.
Al-Alak added that "the Central Bank observes this phenomenon directly and that the available cash is not available as planned," noting that "the Central Bank has a scheme to resolve this issue through the development of plans and studies to attract funds and supply them within the banking system." The term " "It means holding money and locking it out of circulation. It may be that the money is stored or stored in the boxes inside the house and not taken out to trade in the money and capital markets.
The Iraqi Stock Exchange closed slightly lower
The Iraqi Stock Exchange closed during the session on Monday at 576.89, slightly lower than the previous session by 0.35 percent.
And traded in the session, shares of 31 companies out of 100 companies listed on the market, and the shares traded more than one billion shares worth 534.5 million dinars.
The shares of the Al-Nubaha General Contracting Company rose by 8.82%, the Bank of Mosul 6.90%, Bank of Babel 6.67% and Al-Sudair Hotel by 7.58%, Al Ahli Bank by 7.55% and Modern Sewing by 2.50%.
The number of shares purchased from non-Iraqi investors reached 13,905 million shares valued at (35,500) million dinars through the implementation of (27) deal on the shares of four companies.
The number of shares sold by non-Iraqi investors (8,500) million shares valued at (5,015) million dinars through the implementation of (2) deal on the shares of one company.
الأوراق Securities traded more than 146 billion shares in August
The Iraqi market for securities, on Monday, trading more than 146 billion shares in August, noting that the ISX60 index closed at the end of July 2017 at 575.61 points.
"The market was organized in July 22 trading session in the regular market which includes 72 companies and 19 sessions in the second market, which includes 28 companies," said the market's executive director Taha Ahmed Abdul Salam, noting that "the market index ISX60 closed at the end The month of August 2017 at 576.58 points, up 0.17% compared to its value in the close of the month of July of 575.61 points. "
He Abdul Salam," The number of shares traded during the month of August amounted to 146.546 billion shares, up 123% from the previous month value of 137.522 billion dinars Up 237% from the previous month, "noting that" the number of transactions executed amounted to 7735, down by 3.38% for the month of July, but 8006 deal. "
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