2.09.2009

We May Be In A Recession Look at That Stock Exchange In Iraq

Could The Money Be Even Greater Than In Buying Iraqi Dinar?

Iraq stock exchange higher by 2.183%

February 09, 2009

Traded shares in Sunday’s session exceeded 1.178 billion at a total value of over 3.519 billion Iraqi dinars (nearly $2.9 million) by implementing 355 contracts.

Shares of 38 companies were traded in today’s session, of which 19 shares jumped, two slumped, and 16 others maintained their previous levels.

The banking sector achieved the second highest trading volume with 32.1 percent.

The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday.

(Source)Aswat Iraq

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