FEAS Yearbook FEAS Yearbook 2013 | Page 49

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT JUNE 2013 IRAQ STOCK EXCHANGE CAPITAL MARKET DEVELOPMENT AND ECONOMIC OUTLOOK ISX PRICE INDEX 2011, 2012 2011 150 142.76 142.45 140 130 121.66 120 110 123.67 122.36 126.98 122.33 116.44 128.29 142.46 145.18 136.03 133.01 131.67 127.32 125.06 118.06 2012 115.53 116.05 114.22 117.81 117.49 125.02 119.12 9. Electricity and Water Sector ranks 9th with (1.3%) percentage contribution, which is equivalent to 2.7 trillion dinars, thus recording increase rate of (8.5%) compared to the previous year. Managing the trading sessions 100 90 Jan 8. Manufacturing industry sector ranks 8th with (1.8%) percentage contribution, which is equivalent to 3.9 trillion dinars, thus recording increase rate of (5.5%) compared to the previous year. Feb Mar Apr May Jun 2. Average per capita of the GDP has increased to (6359) Thousand ID for the year 2011 versus (4887) Thousand ID for 2010. 3. Economic activity for the year 2011 has confined on distributive sectors without productive sectors. But still the activities contribution of master sectors like: (Agricultural, industrial, and Electrical) too low. Government contribution to economic activities in GDP: 1. Oil & Mining sector has achieved highest contribution in GDP, so it ranks 1st compared to other activities. As the percentage contribution is (54.7%), which is equivalent to 116.2 Trillion ID, thus recording increase rate of (58%) compared to the previous year. 2. Social and Personal Service sector ranks 2nd with (13.1%) percentage contribution, which is equivalent to 27.9 Trillion ID, thus recording increase rate of (10.3%) compared to the previous year. Jul Aug Sep Oct Nov Dec 3. Financial & Insurance activities and real estate services ranks 3rd with (8.5%) percentage contribution, which is equivalent to 18.1 Trillion ID, thus recording increase rate of (16.5%) compared to the previous year. 4. Hotels, Wholesale & single trade sector ranks 4th with (6.6%) percentage contribution, which is equivalent to 13.9 Trillion ID, thus recording increase rate of (14.5%) compared to the previous year. 5. Building and Construction sector ranks 5th with (4.9%) percentage contribution, which is equivalent to 10.5 Trillion ID, thus recording increase rate of (18.7%) compared to the previous year. 6. Transport, Storage and Communications sector ranks 6th with (4.9%) percentage contribution, which is equivalent to 10.3 Trillion ID, thus recording increase rate of (10.1%) compared to the previous year. 7. Agriculture, Forestry and Fishing sector ranks 7th with (4.2%) percentage contribution, which is equivalent to 8.8 Trillion ID, thus recording increase rate of (5.3%) compared to the previous year. Iraq stock exchange organized (230) sessions on 2012 in weekly average five regular trading sessions from Sunday to Thursday plus additional trading times as follows: Clearing and settlement ISX trading rules for transactions clearing and settlement are as follows: 1-Brokers must know numbers of shares for the seller before entered the orders in the system T+0. 2-Buyers must deposit the shares value in the settlement bank before submitting his order. Operation department in ISX update the information for buyers based on the investor account shown in daily settlement bank report. ISX price index and trading shares price limits: 1. ISX price index: By follow up ISX price index for trading shares price: -On 2010 ISX price index closed on (100, 98) points. CONTACT INFORMATION Contact Name Ms. Jimmy Afham Toma E-mail [email protected] Website www.isx-iq.net PAGE 47