March 23, 2021
We increased TASC by three million shares. Another wire was sent today which should add close to two million shares when they receive it. We’ll be sending another wire later this week at the latest.
1,588,550,197 Shares
4 thoughts on “1,588,550,197 Shares”
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Andy I really wish the IQD would revalue NOW, we have hit astronomical numbers.
I am HOPING this is the sign RECONSTRUCTION / CONSTRUCTION is going to begin SOON inside IRAQ. Once that happens it will be like the MARSHALL PLAN for the new century! And all invested in that country will be all the wealthier.
Reconstruction: A final record of the tripartite ministerial talks will be prepared
25/3/2021
Economy News _ Baghdad
The Ministry of Construction, Housing and Public Municipalities confirmed that a final report will be prepared for the round of ministerial talks between Iraq, Jordan and Egypt.
According to the media center of the ministry in a statement received “Economy News”, that ” the Minister of Construction and Housing and Public Municipalities Nazanin Mohammad Su, participated in a round of official talks between the Iraqi delegations and Jordan ‘s presence, with the participation of the Egyptian ministerial delegation through closed – circuit television.
He added that the talks , which was launched in The Jordanian capital, Amman, affirmed the Iraqi government’s desire to activate memoranda of understanding on the ground, which has witnessed tangible development and is heading towards positive steps, after it made advanced strides in the fields of commercial and industrial exchange,
noting that the Iraqi side was keen to accelerate the implementation of joint projects aimed at deepening Coordination, cooperation and strategic integration between the three sisterly countries in all vital sectors.
He continued, “The Iraqi delegation invited the technical teams from the Jordanian and Egyptian sides to visit Iraq to see the specific sites for the construction of projects listed in the signed memorandums of understanding.
” He explained that the final minutes of the tour will be prepared.
Discussions, and presented it to the leaders of the three countries, with the aim of reaching the final recommendations that will be approved during the convening of the summit. Triple set to be held in Baghdad.
https://economy-news.net/content.php?id=24590
The launch of the evening trading of the shares of joint stock companies
Saturday 27th March 2021
The Securities Commission announced the launch of evening stock trading, in a move to activate the reality of stock trading and create a wider opportunity for local and foreign investors.
The Chairman of the Securities Commission, Faisal Al-Haims, said: “The reality of trading has been studied in cooperation with the Iraq Stock Exchange, and we have directed to increase the time of the stock trading session within the market, to extend to three in the afternoon on Mondays and Wednesdays of each week, starting from next April 5.”
He pointed out that “the development plan is continuing in order to enhance the reality of trading within the market, in a manner that is commensurate with the national economy, and that the increase in trading hours gives investors freedom to trade with an increase in the rate of stock turnover.”
Shareholders protection
In turn, the executive director of the Iraq Stock Exchange, Taha Ahmad Abdul Salam, said: “The market organizes five trading sessions per week from Sunday to Thursday, and that the trading time extends from 9:30 am to 12:30 pm according to the timing of electronic trading systems.”
He added that “the vision that was generated in 2021, after the success of addressing the Corona pandemic and crossing the crisis in 2020, and paying attention to aspects of disclosure, as part of protecting shareholders and investors, we directed this year to adopt the idea of increasing trading time, and that there be an evening period for trading shares of joint-stock companies and businesses Associated with this trading, such as opening an account in a depository center and following up on companies that list or companies that increase their capital, as well as following up on the affairs of shareholders and investors.
Market size
Abd Al-Salam pointed to the “increase in the session time to 3 pm, two days Monday and Wednesday every week, starting from April 5, with the aim of expanding the market size and the share turnover rate, to attract investors and shareholders to get acquainted with the shares of national companies and the activity of the Iraq Stock Exchange.”
He stressed that the majority in society has obligations in the morning periods, and does not have enough time to get acquainted with the activities of the market and the joint-stock companies, and this approach came, so that a lot could be seen in the reality of stocks and everyone had the opportunity to invest, trade, activities and the procedures followed, which comes to encourage investment in
Stock ».
Financial commitments
Abd al-Salam warned of “the fake platforms that have been launched in the world as well as in Iraq and claim to be investing in the shares of international companies,” stressing that “this is far-fetched talk and part of the swindling and fraud, as it is not licensed and there are no instructions regulating this dealings, and there are no links. Financial with global markets ».
He indicated that the local shareholding companies exist and issue their annual and quarterly statements and include the financial position, whether it is positive, such as achieving profits, or negative.
https://alsabaah.iq/43403/%D8%A5%D8%B7%D9%84%D8%A7%D9%82-%D8%A7%D9%84%D8%AA%D8%AF%D8%A7%D9%88%D9%84-%D8%A7%D9%84%D9%85%D8%B3%D8%A7%D8%A6%D9%8A-%D9%84%D8%A3%D8%B3%D9%87%D9%85-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B3%D8%A7%D9%87%D9%85%D8%A9
Andy were you able to get the wires to go through?