The Iraqi Stock Exchange suspends its activity for five days

Admin Wed Jun 13, 2018 6:38 am

Wednesday, June 13,

Alsumaria News / Baghdad
The Iraqi Stock Exchange announced on Wednesday that it was suspending its activity for five days on the occasion of Eid al-Fitr.

"Due to Eid Al-Fitr, the Board of Governors decided not to organize trading sessions for the days from June 15 to June 19 to coincide with the Eid al-Fitr holiday," the market said in a statement received by Alsumaria News.

The market, that "the first trading session in the Iraqi market for securities will be after the Eid al-Fitr and from Wednesday, 20/6/2018."

The Iraqi market for securities was established in June 2004, and was based on manual trading. In April 2009, electronic trading was partially approved by some companies. Electronic trading started for companies registered in 2010. The market is traded in 101 companies belonging to eight sectors: Industrial, hotel, tourism, agricultural, investment and insurance, as well as communications.

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