Get1Later: Trading Iraqi Bank Shares......IN DINARS??? H'mmm (What's Going On Here)!!!
Banks Lead The Circulation Of Shares In The Stock Market
Jun 4, 2018
The Iraqi market for securities on the issuance of banks trading shares in the stock market in May last, recording a volume of circulation amounted to 65 billion shares and the value of 66 billion dinars.
The market executive of the market, Taha Ahmed Abdul Salam, said that the Iraqi stock market in May 2018, 21 sessions, focused on the shares of the banking sector being the sector most numerous in terms of listed companies and the number of listed shares.
Abdul Salam said that the number of shares traded affected by the delay of a number of important companies in the submission of indicators of annual disclosure 2017, the number of shares traded 65 billion shares, the value of shares traded 66 billion dinars, while the number of transactions executed 7901 deal trading sale and purchase.
The ISX60 index closed at 608.66 points in the first session of May, closing at 593.78 points at the end of the month, down 2.4 percent from the close of the first session.
He pointed out that the number of shares traded for foreigners bought 2 billion shares worth 10 billion dinars and the number of shares traded for foreigners sold 3 billion shares worth 2 billion dinars.
Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Monday Night 6-4-18
Spectra ((The Association of Iraqi Private Banks praises the establishment of the National Payments Council))--6/4/2018_
The Association of Iraqi Private Banks praised the establishment of the Central Bank of the National Payments Council, which will increase banking services.
The governor of the Central Bank of Iraq, Ali al-Alaq, chaired the first meeting of the National Payments Council, which includes the Central Bank of Iraq, government banks, the Association of Iraqi Private Banks, electronic payment companies and representatives of the security services .
Note: You may wish to make a copy of this to ask about at your exchange apt. Not all may fit your personal situation or be available at the bank of your choice...but doesn't hurt to ask......
LC: REVISED LIST OF BANK PERKS & BENEFITS
1. No fees ever for foreign currency exchanges
2. Provide a Private Banker/Wealth Manager at the time of exchange to initially park the funds in an overnight high yield interest rate account that will yield a minimum of 1% per month.
3. Family Office & Philanthropic Investment Management Services
4. Perks can be based on (Assets Under Management) AUM in a tier grid
5. Discounts on AUM fees
6. No fees ever - no fee to all domestic/foreign deposit/wire transfer money