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Analyst: Iraq Index may continue to climb with the support of bank shares
December 23, 2013
Analyst expect to continue to the main index of the Iraqi market rally in financial transactions on Monday, supported by banking stocks, which ended yesterday's session on the performance of most of them accidental.
Said Ali Mohammed, technical analyst at Tigris to invest, "may Aawad index ascension at the conclusion of today's meeting of the shares of Bida banking and telecommunications stocks, especially the Gulf Commercial Bank of Baghdad, after an accidental performance for both in yesterday's session."
The index closed up 0.16% at 113.14 points, with the values of trading amounted to 1.06 billion dinars and sizes amounted to 676.8 million shares .
Issued shares the Secretary for Financial Investment Market rises at a rate of 13.97%, while the issue of shares modern animal production declines at a rate of 5.56 %.
The shares were the most actively traded Bibisa value of the company's shares rose 2.93%, while the issue of shares of Gulf Commercial Bank most active stock size and the stock closed unchanged .
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December 23, 2013
Analyst expect to continue to the main index of the Iraqi market rally in financial transactions on Monday, supported by banking stocks, which ended yesterday's session on the performance of most of them accidental.
Said Ali Mohammed, technical analyst at Tigris to invest, "may Aawad index ascension at the conclusion of today's meeting of the shares of Bida banking and telecommunications stocks, especially the Gulf Commercial Bank of Baghdad, after an accidental performance for both in yesterday's session."
The index closed up 0.16% at 113.14 points, with the values of trading amounted to 1.06 billion dinars and sizes amounted to 676.8 million shares .
Issued shares the Secretary for Financial Investment Market rises at a rate of 13.97%, while the issue of shares modern animal production declines at a rate of 5.56 %.
The shares were the most actively traded Bibisa value of the company's shares rose 2.93%, while the issue of shares of Gulf Commercial Bank most active stock size and the stock closed unchanged .
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