ISX pared 1.22% yields and delists 19 companies
Economy Shafaq News
Shafaq News/ Trading volume in Iraq's stock market surpassed 1.1billion equities valued at 1.162billion dinars in its first sessions this week.
A report of the market obtained by Shafaq News agency said, "38 publicly traded companies cast out today of 103 enlisted companies," indicating,
"19 companies were delisted by the Iraqi Securities Commission for violating the disclosure regulations."
"31million equities were traded today at a value of 58million dinars from 43 deals. ISX60 index ended down by 601.88, shedding 0.76% from the last session's close," the report added.
It is noteworthy that Iraq Stock Exchange installed Central Depository and Electronic Trading Systems in 2009 and currently bolstering efforts to deploy online transaction services.
It organizes five weekly sessions and lists 103 public companies from different economic sectors.