During the month of February, the stock market traded 49 billion shares

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[size=52]During the month of February, the stock market traded 49 billion shares[/size]

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The report of the Iraq Stock Exchange for the month of February indicated that more than (49) billion shares were traded, with a value of more than (56) billion dinars, with an increase in the number of shares traded by 8% in February compared to January 2022, and an increase in the value of traded shares by 15%. As a result of the increase in the price of traded shares by 3%.
The Executive Director of the Iraq Stock Exchange, Taha Ahmed Abdel Salam, said: “The month of February witnessed the organization of 19 trading sessions to deal with the shares of listed joint stock companies using electronic systems, including the electronic trading system and the central depository system.”
He added that «the number of listed joint-stock companies reached 103 Iraqi companies, while the number of traded companies touched their shares (58) joint-stock companies», noting that «the shares of (27) joint-stock companies were not traded due to the difference in the prices offered from the required, and the number of suspended companies reached From trading by a decision of the Securities Commission (18) joint stock companies for not complying with the disclosure instructions.

High Deals
Abdul Salam pointed out that “the executed deals amounted to (7770) deals, and that the stock price index traded in the Iraq Stock Exchange ISX60 closed in January at 577 points, and in the last session of February it reached 596 points, achieving an increase of 3.3%.”
He pointed out that "the index of traded stock prices witnessed an increase as of mid-February, after joint stock companies began to disclose the results of the fourth quarter of 2021 and some companies began to disclose their financial position as on 31/12/2021.

guarantor bank
And Abd al-Salam indicated that “based on the bilateral meetings between the Chairman of the Securities Commission and the Board of Governors, the Iraqi Stock Exchange issued an official invitation to the Iraqi Local Banks, Arab and foreign Global Banks to submit offers to implement the services of the Custodians Bank in accordance with the instructions of the custodian issued by the Securities Commission Updated in 2021.
He pointed out that “the Board of Governors in its second session took several decisions, including discussing and approving stock trading indicators for the month of January 2022, discussing and approving the monthly trial balance January 2022, as well as discussing the reports of the Electronic Systems Department and Depository Center, approving the required procedures, and discussing and approving the performance evaluation Brokerage companies for the month of January 2022.

training program
Abdul Salam pointed to “participation in the training program at the Muscat Securities Exchange in the Sultanate of Oman, and based on the discussions of cooperation between the Securities Authority and the Muscat Securities Market, and with the aim of enhancing cooperation and exchanging experiences between the Iraq Stock Exchange and the Muscat Securities Exchange, the Stock Exchange organized a training program during February The past for a number of department managers included trainings on operations, indicators and trading control. risk and obligation. systems and development.
He pointed out that “the Board of Governors of the Iraq Stock Exchange, and through the Association of Capital Market Brokers in Iraq, supported the training of 31 brokers and 7 employees of the ESTA Association in the Republic of Egypt - Cairo within the framework of the memorandum of understanding signed between the Iraq Stock Exchange and the Egyptian Stock Exchange under the cooperation agreement between The two countries that took place in 2020 in Baghdad between the two governments.”


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