Post From Currency Chatter By G-Lin
The Stock Market Is On Its Way To High
G-Lin [THANKS POKE] I just about high-lighted this entire art. :lol:
5.11.2015 seven twenty-four
Expectation Chairman of the JSC Abdul Razzaq al-Saadi, that the stock market will rise in the next month, influenced by news of Iraq for a loan from the World Bank, as well as to reassure citizens that employees in government institutions and the salaries of continuous improvement in the financial situation of the country.
Saadi added that "the entry of the 13 private company traded on the Iraq Stock Exchange, trading rates will live."
He pointed out that "the security situation through which the country, the impact on trading in the stock market, because investors are looking for safe financial environment for the continuation of trade, buying and selling stock."
The World Bank confirmed its commitment to help Iraq to overcome the difficulties experienced by during the current phase.
The Governor of the Central Bank announced on the Keywords agency, said that the Special Drawing Rights granted to the countries participating in the International Monetary Fund and including Iraq, is estimated at two billion dollars, noting that the Fund did not lend Iraq up to the minute.
G-Lin COMMENT MADE BY A MEMBER ON P.D. I PERSONALLY CANNOT VOUCH FOR THE ACCURACY OF THE STATEMENTS. MAYBE SOME OF OUR SMART MEMBERS KNOW MORE ABOUT THIS THAN I. :)
PD Family..................there are a lot of significant things happening on the ISX as we speak! They are taking significant steps to prepare for the market economy and for Global Trading.
I have a team of folks that trade on the ISX and monitor the website daily. Last night, Iraq added a Secondary Market to the index. This is huge!!!!! This is the market where the average Joe trades stock.
Up to this point..........the trading has been on the Primary Market only. For instance, if you purchase a stock today on Nasdaq, you are purchasing off of the Secondary Market.
I know this is a little confusing, but you can take my word for it that they are making major preparations for the Global Step!!!
hi-five Thanks G-Lin. I read your posts and appreciate your commitment to CC!!
G-Lin ahhh high-five you are so welcome. I appreciate you also. It takes a village. :D
G-Lin MORE INFO. FROM PD.... I'M JUST THE MESSENGER.
On the left side of the page, click on MARKET PERFORMANCE. When you do, it will drop down 2 choices. The first is PRIMARY MARKET and the second one is SECONDARY MARKET.
The SECONDARY MARKET choice was added for the first time ever last night. Very exciting!!!!! You won't find much information there yet. One stock traded their yesterday.
My guess is that we will be seeing alot more activity added here shortly. I could actually tell you more exciting changes that we have seen on this website, but it gets very technical.
Iraq is being very stealth about all of these changes and the only reason we are seeing them is because we study this site every day.
G-Lin Whoops looks like that is a bad link. If he brings in a different link I will bring it over.
Vision hmm thats the correct address / link The market performance tab on rh side of page the secondary market is under that tab now ,,,,,,interesting Ty G-lin