Kuwait buys more than 5 billion shares in Baghdad Stock Exchange

by **ADMIN** Tue Dec 13, 2011 3:58 pm

Kuwait buys more than 5 billion shares in Baghdad Stock Exchange
Tuesday-13 Dec 2011
Baghdad — the world

Iraq market retreated to securities one day after rising in early trading by week.

According to the website data to index a Monday market declined by 0.36% at 130.7 points, after scoring a point in a session Sunday 111.78.

The total number of companies traded Monday 37 out of 85 on electronic market regulation, the same number that you noted two Sunday and Thursday.

Distribution companies traded on the securities market on 7 sectors are banks, hotels, industry, agriculture, services, insurance, and investment.

CVM decided to cancel the decision of the Board of Governors of the Iraq stock exchange market "rescission of the decision to cancel Insert Company City tourism in Mosul Dam." Attributed the document obtained by "world" cancellation decision to write off the company is the validity of the body. Based on the new resolution, the Council decided to back the company from trading session Thursday.

Yesterday saw the conclusion of a big deal on credit bank company. A document obtained by showed "the world" implementation company credit mediation "contract whereby the mirrored volume" sold more than 5 billion shares shares 7 Malkin to the National Bank of Kuwait in the additional meeting time (after 12 noon) in accordance with the procedures for the implementation of large transactions. Decreased hearing Monday after low shares of 18 companies for rising contributed 10.

The total number of shares traded at 6342048510 shares valued at 20127752630 dinars.

And traders concluded the deal down from 768 766 blueprint agreed Sunday. The share of foreign investors in the purchase deal 97 banks and investment services sectors and the value of IQD 18.139.247.382, and 17 sale in banking and industry value of 37260307 dinars.

And the banking sector dominated trading while meeting concluded its 298 transaction value of IQD 18869078625, with the rest distributed transactions and measures to other sectors.

The company was most profitable in the Baghdad meeting Monday is that public transportation rate rose up to 9.99% to close at 65 dinars and 870 Fils, the most loss company was the construction of Kirkuk fall rate up 10 percent to close at 800 Fils and dinar, while bank credit company most active by value of shares traded.

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