Governing Council of the
Iraqi market for securities as a session on Tuesday last session
deliberative on the occasion of the end of the fiscal year, noting that
the first trading session in the new year 2012 will be on Sunday the
first of January.
An official source in the Council: that the general index of the Iraq
market Securities made an outstanding achievement at the level of
raising the value of the overall financial and attract companies, where
they were during the course of trading to include shares of 87 companies
listed electronically within the sectors of banking, industry,
agriculture, insurance, investment, hotels and services also recorded
the Iraqi Stock Exchange in the session the market during this year, the
highest ratios with 134.57 points. .
Pointing out that the implementation of the resolutions of the
Securities Commission decided to suspend trading of shares of a number
of companies for failing to comply with instructions to say No. (14) and
exceeding the legal limit set for that and from the meeting Tuesday,
9/8/2011, pointing out that these companies are (Nineveh for food, beer
Eastern Crescent industrial, light manufacturing, sewing modern,
electronic industry, the Palestine Hotel, Hotel Ishtar, the Iraqi
transport petroleum products, the Baghdad car services, seeds of Iraq,
talkative agricultural) The source added that among the achievements of
the trading market during Tdolat the 2011 declaration of the Media and
Telecommunications Company (Asia Cell) mobile telecommunications network
in Iraq has raised (10) million of its shares in the Iraqi market for
securities trading.
Meanwhile, the improved activity of the movement deliberative
industry after it was banks and hotels leaders the trading stock in the
Iraqi market for securities at the level of the number of shares offered
and the number of contracts and volume deliberative in the Iraq Stock
Exchange during the last three months of this year and was able to
present (18) Company service- asked of them so far are (14) company
about service-(402) million shares and a high participation rate.
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