The Iraqi Stock Exchange is trading shares worth more than 2 billion dinars in a week
Shafaq News/ The Iraq Stock Exchange announced today, Sunday, that it traded three billion shares, with a financial value of more than two billion dinars during the past week.
The market said in a report seen by Shafak News Agency, "The number of companies whose shares were traded during the past week amounted to 42 joint-stock companies, while the shares of 41 companies were not traded due to the lack of convergence of the prices of purchase orders with sales orders, while the number of suspended companies reached 22 companies for not providing disclosure." Out of 105 companies listed on the market.
And he indicated that "the number of traded shares amounted to three billion and 437 million shares, an increase of 29.23% compared to last week's session, with a financial value of two billion and 719 million dinars, an increase of 44.99% compared to the previous session through the implementation of 1272 deals."
He pointed out that "the ISX60 traded price index closed at 588.71 points, recording a 1.26% decrease from its closing in the previous session."
The market explained that "the number of shares purchased from non-Iraqi investors for the past week amounted to 539 million shares, with a financial value of 414 million dinars, through the implementation of 193 deals, while the number of shares sold from non-Iraqi investors reached 179 million shares, with a financial value of 306 million dinars, through the implementation of 115 deals.
It is noteworthy that the Iraqi Stock Exchange organizes five trading sessions a week from Sunday to Thursday, and 105 Iraqi joint stock companies are included in it representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels.
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