Iraq Stock Exchange recorded a decline in the number of shares by 26%

Iraq Stock Exchange recorded a decline in the number of shares by 26%



29-01-2017 05:03 PM

Iraq Stock Exchange registered a decline in the number of shares by 26% during the past week.

The executive director of the market, Taha Ahmed Abdul Salam, that 'the market recorded during the week ending on the nineteenth of January this five sessions, trading in the formal market and three sessions in the second market' noting that 'the number of listed companies in the market amounted to 97 joint-stock company, of which 70 companies listed in the formal market, 27 companies listed in the second market '.

Abdul Salam explained that 'the types and number of listed companies in the market are [2 communications, industry 21, 6 agriculture, tourism 10, 9 services, financial investment 6, 11 money transfer, insurance 6]'.

He added that 'traded during last week's hearings shares [51] company in the formal market and three companies in the second market to become the number of stalled companies from trading for failing to submit annual disclosure and quarterly Authority and the market [16] company, and the number of stocks listed on the market [9.527] trillion Arrow'.

Abdul Salam confirmed that 'the number of shares traded last week amounted to 36 billion shares in exchange for 49 billion shares for the week, which was accepted, as the value of stocks traded last week [25] billion dinars, compared to 33 billion dinars for the week, which was accepted.'

The number of transactions executed in the last week of financial market director, said it 'has reached [2790] bargain compared to [3071] Deal of the Week, which was accepted, and the market index closed it in the last session of the week b [709.240] point. "

It is trading data analysis last week revealed Abdul Salam, that 'the market recorded a decline in the number of shares traded last week at [26.10%] compared to a week, which was accepted, and also a decrease in the total value of shares traded last week at [23.96%] compared to a week, which was accepted , contrast the market index rose [0.30%] for closing the week before when Alzta closed at [707.11] point. "

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