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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    A proposal to list oil, gold and foreign companies on the stock exchange

    Rocky
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    • Post n°1

    A proposal to list oil, gold and foreign companies on the stock exchange Empty A proposal to list oil, gold and foreign companies on the stock exchange

    Post by Rocky Sun Apr 16, 2023 9:19 am

    A proposal to list oil, gold and foreign companies on the stock exchange


    Economical  2023/04/16
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    Haider Fleeh Al-Rubaie
    The Iraq Stock Exchange revealed that the shares that were traded during the first quarter of this year reached (226) billion shares, with a financial value of (260) billion dinars, indicating that the number of companies that were present during the trading sessions in the first annual quarter amounted to 82 companies, On the other hand, specialists in economic affairs believe that these indicators represent a clear recovery in the culture of trading, stressing the need to oblige foreign investment companies operating in Iraq to be listed in the Iraqi market, and to seek to issue new laws that allow public sector companies to list their shares in the stock exchange as well.
    In order to expand the work of the Stock Exchange, the specialists urged the necessity of expanding the market's activity, establishing a market for trading commodities, and for there to be trading in oil and gold.
    The quarterly report of the Stock Exchange, which singled out the Iraq Stock Exchange, stated that “the number of trading days for the first quarter of this year amounted to 60 days, with 21 sessions in January, which witnessed the trading of 71 billion shares, with a financial value of 62 billion dinars, and the participation of 74 companies.” .
    The report indicated that the month of February witnessed the holding of 19 sessions, during which the participants traded 146 billion shares, with a value of 186 billion dinars, with the presence of 73 companies. One billion dinars, and the participation of 65 companies.
    The report noted that the market indices increased significantly compared to the same period last year, as the number of shares traded increased by 25.8%, and the value of traded shares increased by 56.2%, in addition to the increase in the value of the ISX60 price index by 1%. (9.5)% from the close of 2022.
    In turn, the head of the Association of Investors of the Iraq Stock Exchange, Dr. Alaa Al-Mousa, indicated during his speech to "Al-Sabah" that "the market management is making great efforts in training its members and listed companies in order to create a free, honest, effective, competitive and transparent market and provide infrastructure necessary to serve the national economy and assist companies in building the necessary capital for investment.
    Al-Moussawi explained that the recent past periods witnessed a "significant technological development in the performance of the market, which contributed to organizing and simplifying securities transactions in a fair, effective and regular manner, including clearing and settlement processes for these transactions, and now there are great efforts being made to switch to direct electronic trading (on line) which is now in its experimental stages.
    Al-Moussawi expressed his support for the idea of ​​attracting government companies to be included in the Iraqi Stock Exchange, which leads to the development of these companies by providing the necessary financial liquidity for them, and the establishment of new production lines and modern factories belonging to the company, as well as providing an opportunity for the scientific and professional competencies present in the private sector in order to participate. With the public sector in developing companies to serve the national economy.
    Al-Moussawi believes that, with the aim of increasing the number of shareholders and capital to invest in the market, incentives and privileges should be granted to companies to encourage them to be listed, as well as oblige foreign investment companies operating in Iraq to be listed in the Iraqi Stock Exchange, suggesting at the same time, the establishment of a market for commodity trading and that there be Trade for oil and gold.
    Al-Musawi also urged the need to "create a safe environment in order to attract foreign capital, and work to raise the level of investment awareness in securities among individual and corporate investors, as well as providing transparency and disclosure and providing the investor with all the necessary information that he needs when making his investment decision." And issuing the necessary instructions and procedures in order to protect the capital and the rights of investors.
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    • Post n°2

    A proposal to list oil, gold and foreign companies on the stock exchange Empty A proposal to list oil, gold and foreign companies in the Iraqi Stock Exchange

    Post by Rocky Sun Apr 16, 2023 9:43 am

    A proposal to list oil, gold and foreign companies in the Iraqi Stock Exchange

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    Economy News - Baghdad
    The head of the Iraq Stock Exchange Investors Association, Alaa Al-Moussawi, said on Sunday that the market's management is making great efforts in training its members and listed companies in order to create a "free, honest, effective, competitive and transparent market."
    Al-Moussawi explained, “The recent past periods witnessed a significant technological development in the market’s performance, which contributed to organizing and simplifying securities transactions in a fair, effective and regular manner, including the clearing and settlement processes for these transactions, and now there are great efforts being made to switch to direct electronic trading (on line) which is now in its experimental stages.
    Al-Moussawi expressed his support for the idea of ​​attracting government companies to be included in the Iraqi Stock Exchange, which leads to the development of these companies by providing the necessary financial liquidity for them, and the establishment of new production lines and modern factories belonging to the company, as well as providing an opportunity for the scientific and professional competencies present in the private sector in order to Participate with the public sector in developing companies to serve the national economy.
    And Al-Moussawi believed that, “with the aim of increasing the number of shareholders and capital to invest in the market, incentives and privileges should be granted to companies to encourage them to be listed, as well as oblige foreign investment companies operating in Iraq to be listed in the Iraqi Stock Exchange,” suggesting at the same time, “the establishment of a market for commodity trading.” And there will be trading in oil and gold.
    Al-Moussawi also urged the need to "create a safe environment in order to attract foreign capital, and work to raise the level of investment awareness in securities among individual and corporate investors, as well as providing transparency and disclosure and providing the investor with all the necessary information that he needs when making his investment decision." And issuing the necessary instructions and procedures in order to protect the capital and the rights of investors.

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    Added 04/16/2023 - 12:09 PM
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    • Post n°3

    A proposal to list oil, gold and foreign companies on the stock exchange Empty A proposal to list oil, gold and foreign companies in the Iraqi Stock Exchange

    Post by Rocky Sun Apr 16, 2023 9:45 am

    A proposal to list oil, gold and foreign companies in the Iraqi Stock Exchange


    Economy| 12:12 - 04/16/2023


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    Baghdad - Mawazine News,
    Chairman of the Association of Investors of the Iraq Stock Exchange, Alaa Al-Moussawi, said, on Sunday, that the market's management is making great efforts in training its members and listed companies in order to create a "free, honest, effective, competitive and transparent market."

    Al-Moussawi explained, “The recent past periods witnessed a significant technological development in the market’s performance, which contributed to organizing and simplifying securities transactions in a fair, effective and regular manner, including the clearing and settlement processes for these transactions, and now there are great efforts being made to switch to direct electronic trading (on line) which is now in its experimental stages.

    Al-Moussawi expressed his support for the idea of ​​attracting government companies to be included in the Iraqi Stock Exchange, which leads to the development of these companies by providing the necessary financial liquidity for them, and the establishment of new production lines and modern factories belonging to the company, as well as providing an opportunity for the scientific and professional competencies present in the private sector in order to Participate with the public sector in developing companies to serve the national economy.

    And Al-Moussawi believed that, “with the aim of increasing the number of shareholders and capital to invest in the market, incentives and privileges should be granted to companies to encourage them to be listed, as well as oblige foreign investment companies operating in Iraq to be listed in the Iraqi Stock Exchange,” suggesting at the same time, “the establishment of a market for commodity trading.” And there will be trading in oil and gold.

    Al-Moussawi also urged the need to "create a safe environment in order to attract foreign capital, and work to raise the level of investment awareness in securities among individual and corporate investors, as well as providing transparency and disclosure and providing the investor with all the necessary information that he needs when making his investment decision." And issuing the necessary instructions and procedures in order to protect the capital and the rights of investors. Ended 29/N33

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    • Post n°4

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