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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraqi Stock Exchange need more incentives to attract investments

    Rocky
    Rocky
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    • Post n°1

    Iraqi Stock Exchange need more incentives to attract investments Empty Iraqi Stock Exchange need more incentives to attract investments

    Post by Rocky Sat 09 Apr 2016, 3:46 am

    [size=32]Iraqi Stock Exchange need more incentives to attract investments[/size]

    2:46:34 a.m. 4/9/2016 |(Voice of Iraq) - BAGHDAD - Adel Mahdiinterested ininvestment activity in theIraqi Stock Exchange said that theweakness recorded profits due to stock trading , buying and selling, is one of thereasons for thereluctance of the public about the indirect investment in the Iraqi market for securities, as well as lack of awareness and lack ofexperience in this area , which devotes apreference forinvestment offixed assets, real estate and others. this is linked mainly ambitiously large number of citizens todouble profits and get quick gains through direct investment and indirect types, but the latter type of investment facing challenges ,most notably stock price annual or quarterly profits. And calls for a large part of investors to reconsider the share price in the stock market, as seen by a number of citizens is not encouraging.He said some investors that the supply of the largest equity often required, and was the result of increasing banks' capital to 250 billion dinars ($ 210 million), reflecting the negative impact on stock prices.It considered among concerned that some companies share price is still below one dinar, while the shares of other companies prices of four dinars. She added that theshare price in the stock market is not encouraging, calling to reconsider it in line with the ambition ofinvestors, as well as to increase it will contribute to attracting alarger number of investors, whether local or foreign. The executive director of theIraqi market for securities , Taha Ahmed Abdul Salam said that «stock prices also affected by a decline ofperformance indicators for companies tocontribute to2015, and itsreflection on the size ofprofits and dividends between theshareholders due tounexplained increases in companies 'capital, especially in thebanking sector, which led to the earnings per share will be low because of the increased number ofshares ». He that «not to add services or new products acceptable to the Iraqi consumer specifications under theimport policy is disciplined by the private sector, contributed toinfluence the stock prices», aproposal toimplement measures to attract investment into the economy, including follow - up and monitor theperformance ofjoint - stock companies in accordance withinternational standards by regulators all, and follow - up ratio done from its declared plans, attention to the annual disclosure and quarterly annual and half ». He stressed the importance of amending thepenal laws to include punish defaulting departments and violation of the laws and regulations, and not to punish companies because thefines imposed on the company reduced realized and dividends, and thus decrease its share price in the capital market. and thereasons that prevent Arab economic sites of interest bulletin daily trading for themarket, at thetime published the activities ofcountries do not have large private companies and economy as aneconomy ofIraq, Abdul Salam explained that « the shares ofIraqi companies not registered in any international market through certificates ofDeposit international, so prices arepublished on international websites ». He added:« number of investors did not rise in theIraq Stock Exchange after 2014 for reasons related to lower GDP volume and declining economic indicators, inaddition to theeconomic downturn due to lower private and public spending ». it was among theeconomic stressed that Iraq Stock Exchange to be a hallmark ofthe national economy, as it reflects thepotential forprivate sector companies to raise the level of GDP by stock indices and volume fortrading. She explained that the Iraqi Stock Exchange sought to increase trading volume by raising public awareness through acampaign launched years ago, met withlimited success at the time.Attributed to the low stocks that had a lot of citizens areexpected to achieve significant profits for them in a short time, despite the fact that many ofthem the prices enthusiasm for the idea ofindirect investment and the entry of thestock market.the tightened economic circles on theimportance of the role that Iraq Stock Exchange play in the economy, and its contribution tothe promotion of the gross domestic product through its objectives ,which include opening theway for the private sector through thelaunch of theproportion of their capital to the public for trading, and is one of the and means to ensure funding through the government savings. [You must be registered and logged in to see this link.]



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