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1/30/2014 0:00
Stock market attract indirect investment
Baghdad, Mustafa al-Hashemi
Iraq is seeking to become its market for securities and increasingly important source of capital for national companies by expanding the base of traded companies and ask them to sell their shares in which he urged more companies limited openness and switch to joint-stock companies.
And knows the stock market as a place which is supervised by hand economic official, and contains an electronic system whereby a meeting of buyers and sellers for the type of securities or financial asset specific, and enable investors from trading stocks and bonds within either through intermediaries or companies operating in this area and rises or falls in value securities and financial assets, according to the sale and purchase offers.
And includes the Iraqi market for securities Iraq Stock Exchange, which symbolizes his short ISX 74 joint stock company listed on the stock exchange sectors are major banks and industrial services, insurance, agriculture, hotels and communications company represented by one of the mobile telecommunications.
Trading sessions
It is noted that there is worldwide interest in the stock exchange through the transfer of trading sessions directly on economic sites, including Web sites that encourage foreign investment in the stock market and stocks Iraq where they consider evidence of actual activity to the movement of the labor market in the country.
And calls for an academic economist to the expansion of businesses and the transition from limited to contribute because it would live up to the performance of competitors in addition to the direct transformation of state-owned enterprises into joint stock companies through the sale of shares in the form of a gradual process in order to facilitate the transition to a market economy.
Listed companies
According to Dr. Essam Mahouelle importance to turn state-owned companies Winning that managed to marketing its products to joint-stock companies in the stock market because the number of listed companies currently does not represent the potential of Iraq's real economic because the number of modest and not commensurate with the capabilities of the country and the private sector, which should take the role at this stage.
He added Mahouelle told (morning) that any company seeking to increase its capital, must offer its shares for trading on the stock market, the greater the output doubled the number of collectors shares of citizens, pointing to the existence of a close correlation between the activity of the stock market and the general situation of the country.
He confirmed the existence of websites economic means to invest in Iraq and follow the movement of trading sessions in the stock market directly and in a prominent place on the front of those sites as does this site Iraqi businessman who pays great attention to the follow-up in economic activities of the country.
Foreign investment
He noted that the lack of growth of the industrial sector in the picture drawn him back to the lack of transfer of expertise excellent owned by state-owned companies to the private sector, although the current stage represents the right opportunity for the private sector to take its role in the development process and to engage strongly in the Iraqi market for securities. Pointed to the existence of a significant number by foreign investors who trade in the shares of market sectors Iraq Stock Exchange and hold their positions for over 5 days a week is evidence that the Iraqi Stock Exchange also represents an important aspect of foreign investment and indirect that would provide service to the national economy.
Stock market
The Iraqi market for securities / stock / was founded in 2004 and is an economic institution responsible for the regulation and control of the purchase and sale of shares of listed companies to investors carried out by brokerage firms supported by the market through the use of electronic systems modern, and holds market 5 sessions per week at a rate of two hours per the trading day. in a period from 1992 up to 2003, the market knew in Iraq Baghdad market for securities was established by law No. (24) for the year 1991. This was the market market government was able to insert in a timely manner (113), a private joint stock company Iraqi and mixed.
And was able to attract an annual circulation rates exceeded seventeen million dollars and a half a little. This market was closed by decision of the Board of Directors dated 03.19.2003.
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1/30/2014 0:00
Stock market attract indirect investment
Baghdad, Mustafa al-Hashemi
Iraq is seeking to become its market for securities and increasingly important source of capital for national companies by expanding the base of traded companies and ask them to sell their shares in which he urged more companies limited openness and switch to joint-stock companies.
And knows the stock market as a place which is supervised by hand economic official, and contains an electronic system whereby a meeting of buyers and sellers for the type of securities or financial asset specific, and enable investors from trading stocks and bonds within either through intermediaries or companies operating in this area and rises or falls in value securities and financial assets, according to the sale and purchase offers.
And includes the Iraqi market for securities Iraq Stock Exchange, which symbolizes his short ISX 74 joint stock company listed on the stock exchange sectors are major banks and industrial services, insurance, agriculture, hotels and communications company represented by one of the mobile telecommunications.
Trading sessions
It is noted that there is worldwide interest in the stock exchange through the transfer of trading sessions directly on economic sites, including Web sites that encourage foreign investment in the stock market and stocks Iraq where they consider evidence of actual activity to the movement of the labor market in the country.
And calls for an academic economist to the expansion of businesses and the transition from limited to contribute because it would live up to the performance of competitors in addition to the direct transformation of state-owned enterprises into joint stock companies through the sale of shares in the form of a gradual process in order to facilitate the transition to a market economy.
Listed companies
According to Dr. Essam Mahouelle importance to turn state-owned companies Winning that managed to marketing its products to joint-stock companies in the stock market because the number of listed companies currently does not represent the potential of Iraq's real economic because the number of modest and not commensurate with the capabilities of the country and the private sector, which should take the role at this stage.
He added Mahouelle told (morning) that any company seeking to increase its capital, must offer its shares for trading on the stock market, the greater the output doubled the number of collectors shares of citizens, pointing to the existence of a close correlation between the activity of the stock market and the general situation of the country.
He confirmed the existence of websites economic means to invest in Iraq and follow the movement of trading sessions in the stock market directly and in a prominent place on the front of those sites as does this site Iraqi businessman who pays great attention to the follow-up in economic activities of the country.
Foreign investment
He noted that the lack of growth of the industrial sector in the picture drawn him back to the lack of transfer of expertise excellent owned by state-owned companies to the private sector, although the current stage represents the right opportunity for the private sector to take its role in the development process and to engage strongly in the Iraqi market for securities. Pointed to the existence of a significant number by foreign investors who trade in the shares of market sectors Iraq Stock Exchange and hold their positions for over 5 days a week is evidence that the Iraqi Stock Exchange also represents an important aspect of foreign investment and indirect that would provide service to the national economy.
Stock market
The Iraqi market for securities / stock / was founded in 2004 and is an economic institution responsible for the regulation and control of the purchase and sale of shares of listed companies to investors carried out by brokerage firms supported by the market through the use of electronic systems modern, and holds market 5 sessions per week at a rate of two hours per the trading day. in a period from 1992 up to 2003, the market knew in Iraq Baghdad market for securities was established by law No. (24) for the year 1991. This was the market market government was able to insert in a timely manner (113), a private joint stock company Iraqi and mixed.
And was able to attract an annual circulation rates exceeded seventeen million dollars and a half a little. This market was closed by decision of the Board of Directors dated 03.19.2003.
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