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Tuesday, June 5, 2018

KTFA UPDATE, 5 JUNE

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.

http://en.economiciraq.com/2018/06/04/banks-lead-the-circulation-of-shares-in-the-stock-market/

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Samson:  Do internal crises accelerate the steps of forming a government ?

 4th June, 2018

The "coalition of victory" led by Prime Minister Haider Abadi, said Monday, June 4, 2018, that the political forces approached the formation of the government .

​"The process of forming a government will not be as difficult and complicated as in previous years, because the country is going through crises and everyone understands the seriousness and seriousness of the country's survival without a government for a longer period," coalition leader Mohammad al-Abed Rabbo said in a press statement

 He stressed that "the political blocs approached the formation of the government, and will remain only the final touches that were agreed to announce the largest bloc and the formation of the next government."

This is the political blocs are taking place during the past few days, a political movement among them to reach understandings and the formation of the largest bloc, which in turn will form the next government

The Electoral Commission announced on Saturday, May 19, 2018, the final results of the legislative elections, topped the list of "Saron" with 54 seats, followed by the alliance, "Fatah " with 48 seats, and the coalition, "victory" with 42 seats, followed by the coalition, "State of Law" with 26 seats, and the party " KDP" with 25 seats, while his "national" 21 seats, and a coalition of current "wisdom" on 20 seats, while the Patriotic Union of Kurdistan ( PUK ) won 18 seats   LINK

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Don961:  Rafidain Bank: retirees can receive their salaries for June from our branches instead of private outlets

BAGHDAD, June 5 (Xinhua) - The information office of the Rafidain Bank announced the distribution of the salaries of the civilian retirees for June.

The bank said in a statement received (Iraq Press), a copy of it, "The salaries of retired citizens of the current June meal has begun to be disbursed through electronic payment tools and retirees can receive their salaries from the branches of the bank in Baghdad and the provinces instead of special outlets, Big meeting for handing over the salaries of retirees. " Ending AH     link
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 Don961:  Central Bank announces the launch of the National Payments Council

2018-06-04 at 17:39 (Baghdad time)

Announced that the Central Bank of Iraq, Monday, the start of the National Council of payments , which includes membership ( the Central Bank of Iraq, government banks, the Iraqi Association of private banks, electronic payment companies, representatives of the security services, and the Iraqi Stock Exchange and the Media and Communication and Ministry of Finance).

"The governor of the Central Bank of Iraq, Ali Mohsen Ismail, presided over the first meeting of the National Payments Council, which includes its members (the Central Bank of Iraq, government banks, the Association of Iraqi private banks, electronic payment companies and representatives of the security services). The Iraqi Stock Exchange, the Information and Communication Authority and the Ministry of Finance).

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