Additional trade sessions expected at Baghdad Stock Exchange
Mr. Talib al-Tabatabaie, Chairman of the Board of Governors of the Baghdad Stock Exchange, has recently announced that the value of trade on the Iraqi securities market exceeded Iraqi Dinar 50 billion through the past three trade sessions, which were held on the market.
Al-Tabatabaie added that the Baghdad Stock Exchange aims at increasing the number of its weekly sessions to meet the growing demand for trading.
Currently, stocks of 70 companies are listed on the market. About 50 of the 55 staff who run the exchange are women - a rare ratio in the West but no big surprise in Iraq where women often employed in the finance sectors, <i>Al Khaleej</I> reported.
Iraq has a new stock exchange, launched without fanfare and staffed almost entirely by women, which aims to become the leading bourse in the Middle East, al-Tabatabaie added.