Sell Iraqi dinar : The stock exchange of Iraq started its operations in 2004 under the supervision of Iraq Security Commission. The old name of Iraq stock exchange is Baghdad stock exchange, and its operations were limited. A few companies were registered in the Baghdad stock exchange at that period of time. Now it is known as Iraq Stock Exchange and operates on larger scale than before with more than 100 companies that are registered with it.
Now Iraq stock exchange is an independent organization and regulated according to its own rules and regulation like New York Stock Exchange. World has seen a traditional culture of buying and selling of shares in the Iraq stock exchange with a pencil and pen. The stock exchange reports were issued manually. But now the Iraq stock exchange is fully organized with latest computerized system. The reports are an issue on the internet which can be seen in any part of the world. Following is the latest Iraq stock exchange report.
According to the Rabee Securities Iraq Stock Exchange market report, at the end of the week index was ID1, 712/$1,812(+2.5%) and it changes weekly. The shares traded in the week were calculated up to 7.1bn, and ID10.5bn ($8.6mn) was the volume of weekly trade. The recent main index was 114.14, and the change is 0.11 with the percentage of 0.10%. The recent volume of the trade is 9,564,590,450 and the recent shares traded are7,353,680,128 with the 583 number of trades. The up symbols traded are estimated 13, and the symbol down are calculated 15 and the flat is 10 that means the total symbols traded are 38.
Purchase iraqi dinar: According to the Iraq stock exchange report, Ithad, Osmak, Deglaa, AMPY, Shmax are those companies that have gained this week and Barary, Salaam, Esfanj, Aoset Kindfit are those companies that are in the list of losers in this week. According to the recent company announcements, Al Ameen Financial Company is planning to enhance its paid up capital from 750 million Iraqi dinars to one billion Iraqi dinars, and this matter will be discussed in its annual general meeting which will be held on 27-10-2013. The shareholders of the company have been informed through invitation letters.
According to the rules of Iraq stock exchange, every company has to publish its financial reports in the stock exchange, but some companies have failed to publish their financial reports to the general public in the due time; therefore their membership with Iraq stock exchange will be cancelled according to the Iraq stock exchange announcements. SBMC, SNUC, VKHF, INSD are those companies that have been suspended by Iraq stock exchange due to the failure of submission of financial reports. The value of Iraqi Islamic Bank has increased after the announcement of increasing capital 152 billion Iraqi dinars to 202 billion Iraqi dinars. The ISX which was suspended at the end of September has regained its membership back, and it will hold its annual general meeting on October 20 to discuss their previous financial performance. For more information visit at Iraqidinar.net