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diff source~ Director of the Baghdad Stock Exchange: the local market lacks investment fund Iraqi

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tlm724

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Director of the Baghdad Stock Exchange: the local market lacks investment fund Iraqi


BAGHDAD - Iraq Press - 25 December / December: Since the founding of the Iraqi market for securities in June 2004, which exercised an active role in the movement of the market and the stock exchange was based initially on manual trading, and in April 2009, adopted the electronic trading in part by some companies , and Pat electronic trading of listed companies in which the year 2010, and traded in the market, 85 companies belonging to the seven sectors are banking, industrial, hotel, tourism, agriculture, investment, and insurance services.
Today's management confirmed the Iraqi market for securities, the presence of 22 foreign investment fund is trading in it, and showed that while "the market lacks any investment fund Iraqis," pointing out that "non-Iraqi investors are concentrated in certain sectors."
The executive director of the market Taha Ahmed Abdul Salam, said that "there are 22 foreign investment funds are traded in the buying and selling shares of Iraqi companies," noting that "the market lacks any investment fund Iraqis."
He said Abdel-Salam said that "the proportion of non-Iraqi investors in the market exceeded 18% of the total trading Iraqis," noting that "this figure is considered encouraging if we know that the launch of the electronic trading market for the past five years, it only".

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