Iraqi Stock Exchange bring in sophisticated systems

Said Executive Director of the Iraqi market for securities Taha Ahmed al-Rubaie, said the market in cooperation with the Federation of Euro-Asian Stock Exchanges train and raise the skills of the workers on the application of modern electronic systems and advanced in the stock market.

Rubaie said in an interview that market activities also develop electronic systems In cooperation with the company World NASDAQ They will discuss and determine the study designs required for the new system "X-Stream".

And the implications of these technologies on the performance of the market Rubaie added saying: they increase the rate of stock turnover and therefore achieves the principle of high liquidity and its ability to implement dozens of contracts at the same moment when the conditions for its implementation.


And also for this new system the ability to link and host state Stock Exchange in Iraq and increase the number of investors and thus higher stock indexes and attract investors and the system is later used in Arab bourses - Dubai Abu Dhabi Egypt Bahrain - has a high capacity and large in the implementation of contracts and has the support of a technical high company NASDAQ Global and allows for the Iraq market hosting market Arbil Securities efficiently implement and trading عاليين The bourse has issued its report last week, which included the holding of five trading sessions in the time normal from Sunday to Thursday rose through shares for 27 companies among the 59 companies traded and prices fell 22 companies maintained 10 companies on same as the previous closing prices are still 10 companies parked by a decision of the Securities Commission and the 5 parked companies to the public bodies have not been trading this week on the shares of 10 companies from 84 joint stock company listed on the market.


The record Machersouk Iraq Andalaglaq this week 127.41 points, up by (0.42 percent) for the closed last week when it closed at 126.88 points, while the total value of shares traded this week (25.454) billion dinars (16.631) billion dinars last week and the number of shares traded this week (32.280) billion shares compared to 24.129 billion shares for the past week and the number of transactions executed this week (4363) deal against (4393) deal for the past week

From the analysis of trading data this week observed rise in the total value of shares traded this week, rising by 33.78 percent over the past week, while the number of shares traded this week increased by 53.05 percent over the past week.



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13/01/2013 04:06
Index Iraqi market for securities in the Sunday session by 1.59 percent to 123.48 points. During the meeting, trading in shares of 32 joint-stock company of the 74 companies listed electronically, shares of 9 companies, and prices of shares of 17 companies, with 6 companies maintained the price of its shares. The number of shares traded in today's session 6 billion and 149 million shares worth 3 billion and 649 million dinars, achieved through the implementation of 782 contract traded.

http://imn.iq/news/view.17891/