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Foreigners invest in Iraq’s bourse, expect boom

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Foreigners invest in Iraq’s bourse, expect boom Empty Foreigners invest in Iraq’s bourse, expect boom

Post by 1alaskan Thu Oct 20, 2011 3:04 pm

Found this on Currency Newshound



Reuters: Foreigners invest in Iraq’s bourse, expect boom

Posted: October 20, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics


* Foreigners eager to invest in Iraq’s stocks

* IPOs, custodian bank to boost investment on ISX

* Iraq Stock Exchange has capital of $4 billion

BAGHDAD, Oct 20 (Reuters) – Foreign investors are increasingly choosing Iraq’s stock market as a lucrative investment, with the expected listing of the country’s three main mobile phone firms and better regulation seen boosting appetite.

Iraq’s bourse is still tiny in comparison with other regional or international stock markets, but a drop in violence since the peak of sectarian fighting in 2006-2007 and the scope for quick growth is lifting interest.

Read more: http://reut.rs/rnMNWV





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