Economist: low stock value and the deteriorating security situation behind the decline of foreign transactions in the securities market

Posted by on Oct 27, 2013 | Leave a Comment

17-08-2013 07:01 AM
Baghdad (newsletter). He attributed the economic analyst Ibrahim Al-Mashhadani, declining non-Iraqi dealings in Iraq market for securities to lower the value of shares traded and the unstable security situation in the country.

He said Mashhadani (News Agency): foreign investors worried about financial speculation and to buy stocks in Iraq market for securities because of the deteriorating security situation, the time is not appropriate and not profitable.

He added that foreign purchases of stock back to the first economic reasons the fact that the value of shares and low security concern that the impact on the overall economic situation in the country, which sent a reassuring message to foreign companies.

The Iraqi Central Bank announced a markedly non-Iraqi investors and foreign companies in the stock market buying Iraq

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