Iraq Trade Market Achieves a Benchmark in Stock Values in November

Iraq Trade Market Achieves a Benchmark in Stock Values in November

Iraqi Dinar 123 News:– Iraqi stock exchange has announced the highest rise in the stock value for the month of November and last up to 42 billions Dinars. The trading market has set a new benchmark with the trading market through November of Lat 36 billions and 980 million shares, a financial value of $42 billion and 519 million dinars, compared to October of last month that the total shares traded in the market has reached to the highest value. The Number of companies participated in the trading stood at the 62 out of 714 in Iraq stock market.

Stocks declare the value of shares for the month of December drop to about 105 billions dinars. And this was also a significant decline worth trading for the month of March and April and affected Iraq economic conditions. There were also the number of contracts which executed in the month of November which were 6075 contracts. Compared with the 4271 contracts in October and rise of 38% value, so this is a good thing for the investors to be a part of this business. This is noteworthy to mention that Iraqi stock exchange was established in June 2004, and it has set the benchmark within very short time.

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