Positive indicators during the trading of shares in the Iraq Stock Exchange in 2021

BAGHDAD - INA 

The Iraq Stock Exchange announced today, Thursday, the trading indicators during the first quarter of 2021, confirming that the stock trading indicators were positive. 
A statement of the Iraq Stock Exchange, which the Iraqi News Agency (INA) received a copy of, stated that “the indicators for trading the shares of joint stock companies, based on Law No. 74 of 2004 and the instructions and rules of the Securities Commission issued thereunder and based on the instructions and rules for electronic trading and central depository of the Iraq Stock Exchange systems. Financial during the first quarter of 2021 (56) trading session for the shares of joint-stock companies that will last from Sunday to Thursday of every week.
"The market did not organize trading sessions on Sundays 21/2, 28/2, 7/3, 3/14 and 3/21/2021, as it falls within the period of a comprehensive curfew based on the decisions of the National Safety Committee," the statement continued.

Among the most important indicators of the first quarter of 2021 in the trading of shares of joint-stock companies:

1. Organizing and monitoring trading in 56 trading sessions during the first quarter of 2021. The sessions were not organized on official holidays and days of the general curfew. Starting from 9:30 a.m. until 12:30 p.m. according to the securities trading instructions
2. Trading is limited to the shares of Iraqi joint-stock companies because no new financial instruments are offered by joint stock companies or government institutions.
3. The number of companies listed in the Iraq Stock Exchange is (103) joint-stock companies.
4. The number of companies whose shares were traded during the first quarter was (67) joint-stock companies.
Because there are (19) joint stock companies suspended from trading for failure to submit the annual disclosure by a decision of the Securities Commission and until they submit the required disclosure.
5. The number of shares traded by investors and shareholders reached (133) billion shares.
6. The value of shares traded to investors reached (84) billion dinars.
 7. The ISX60 stock price index
- the market index closed at (508) points in the last session of 2020
- and closed in the last session of January 2021 at (484) points.
- The index closed in the last session of March 2021 at 566 points.
Thus, the index achieved an increase of 11% compared to the close of 2020 and a rise of 17% compared to the close of January 2021.
8. Foreign trade during the first quarter of 2021,
the total number of shares traded to foreigners reached 35% of the total number of shares traded for the market. And it reached 34% of the market value of shares. During the first quarter of 2021.