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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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    Iraq Stock Exchange achieved a rise in the value of stocks and a decline in their number during Augu

    Rocky
    Rocky
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    Iraq Stock Exchange achieved a rise in the value of stocks and a decline in their number during Augu Empty Iraq Stock Exchange achieved a rise in the value of stocks and a decline in their number during Augu

    Post by Rocky Wed 07 Sep 2016, 3:33 am

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    Iraq Stock Exchange achieved a rise in the value of stocks and a decline in their number during August


     Baghdad / Acer Jabbar- term 

    Iraq Stock Exchange, announced on Monday, about 84.637 billion shares traded during themonth of August, worth 47.433 billion dinars, while confirming the high value of shares traded compared to a decline in number, experts in economic affairs pointed to theneed to stimulate the local market by attracting more capital to participate in the daily trading volume of the market operations. 

    the executive director of the market , Taha Ahmed Abdul Salam in an interview (long - Presse) that " the Iraq Stock Exchange organized during the month of August, 21 companies regular market trading and 14 meetings the second market for corporate meetings, and the market two did not organize in the first two days of Tzamenhma with a public holiday due to high temperatures , "noting that" the number of listed companies in the market over the past month, reached 96 company, where the number of companies which has been traded on the market 62 company, while the total number of is not publicly traded 13. " 
    said Abdul Salam, the" stalled companies from trading decision of the Securities Commission amounted to 21 companies due to non - submission of annual disclosure in 2015 , "adding that" the value of shares traded in the market for the month of August, amounted to 47.433 billion dinars, high for the month of July , which amounted at the time 39.562 billion dinars, while the number of shares traded in the month of August dropped compared with July, reaching the number in August 84.637 billion shares, compared with 131.927 billion shares during July. " 
    stressed Abdul Salam, that" the shares purchased for non - Iraqi amounted to 14.065 billion shares were traded through 526 buyout valued at 4.327 billion dinars from the trading of shares of 19 listed company, including it Almottagabl meant the United Bank number 11 billion shares , "pointing out that" the shares sold by non - Iraqis stood at 560.569 million shares executed through 404 sale, valued at 565.909 million dinars from trading five listed shareholding companies' shares. 
    and on the market index (ISX60) pointed Abdulsalam, that " the index closed at the end of August 2016 at 560.730 points , down 1.4% compared to its value at closing July amounting to 568.770 points. " 
    turn economist Uday Abdul Ameer Amer said in an interview for the " long "that" the Iraq Stock Exchange need to issue a law regulating the work , which did not keep pace with the global trading result of not establishing legal constants coordinates the work of the ASE. " 
    he added that" index shares in the stock market , despite the fluctuation of his daily work shows that the Iraqi economy is in a state of constant growth in all sectors despite the financial crisis in the country. " 
    said Amer that" the participation of citizens broadly can develop the market work in addition to theintroduction of the so - called investment portfolio characterized by maintaining the a high level of movement of the market trading at the time of a recession as a result of the participation of individuals as they own shares and securities. " 
    and that" the central bank has a duty to maintain a market value development and achieve optimal staffing ,financial savings and Sindhi for all sectors. " 
    he added that" the financial sector in Iraq influenced direct political turmoil daily , including causing a recession and the recession is expected. " 
    The Central Bank of Iraq announced on Tuesday (9 August 2016) announced the launch of a website financial and economic statistics, as he emphasized that the site contains price indices and the Iraqi market for securities, pointed out that the site Available for state institutions, researchers and citizens. 
    the Iraq Stock Exchange on Sunday (7 August 2016), his quest to put the instructions to attract national and foreign savings towards investment and add new financial instruments for trading in collaboration with theCentral Bank, as called for an expert to provide investment funds a priority in economic development, returned they are a "viable solution" to the problems of funding suffered by Iraq and provide more job opportunities. 
    the suffering of Iraq 's oil export - dependent rentier economy to finance its expenditure by more than 96%, as well as the problems facing investment projects in various governorates of Iraq.
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