Iraq Stock Exchange First Day Electronic Trading
After four months without a Speaker I’ve kind of got carried away with the last post and forgot about the first day of the electronic trading in the Iraq Stock Exchange.
Great News after this morning trading session the ISX went up approximately 20%.
Remember I’ve said there is a large investment conference in London and PM Maliki will be attending as it is an important meeting and lets hope he can convince companies to invest in Iraq.
Iraq needs outside funding something the private Iraqi banks are not structured appropriately to take on the reconstruction effort that is badly needed in Iraq.