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	Iraq Stock Exchange - Wikipedia, the free encyclopedia
		The Iraq Stock Exchange (ISX), formally the Baghdad Stock Exchange, is a stock exchange in Baghdad, Iraq.
		The Iraq Stock Exchange was incorporated and began operations in June of 2004.
		It operates under the oversight of the Iraq Securities Commission, an independent commission modeled after the U.S. Securities and Exchange Commission.
	en.wikipedia.org /wiki/Iraq_Stock_Exchange (156 words)

	USATODAY.com - Investors take a stake in a re-emerging market (Site not responding. Last check: 2007-10-11)
		The Baghdad Stock Exchange opened in 1992, but under Saddam Hussein's regime it was heavily regulated.
		The exchange, renamed the Iraq Stock Exchange, reopened last June under the supervision of the Coalition Provisional Authority, Salam says.
		The exchange, open twice a week for 2½ hours a day, is purposely located on the ground floor of a small building on a nondescript side street, which can be blocked to deter car bombs.
	www.usatoday.com /news/world/iraq/2005-05-05-stock-exchange_x.htm?csp=34 (549 words)

	Newhouse A1
		Iraq's stock exchange has remarkably risen from the ashes during the past two years.
		Iraq's interim government under the Coalition Provisional Authority revised banking laws to allow foreign banks to launch subsidiaries, establish branches, and form joint ventures with Iraqi banks but individual foreign investment is still banned.
		Exchange officials are hopeful the privatization of hundreds of government-run companies will further boost market activity once the electronic trading system is operational, and the path for foreign investment is cleared.
	www.newhousenews.com /archive/palmer031106.html (1157 words)

	Baghdad exchange reflects hope, struggles of Iraq (Site not responding. Last check: 2007-10-11)
		The Iraq Stock Exchange has been operating for a year, and so far, optimism has paid off with new companies for offer, many stock values on the rise and the market bolstered by a stable currency.
		Three hotels on the exchange, including the Palestine Hotel (made famous as the journalist headquarters during the U.S.-led invasion two year ago) are pulling in cash profits from foreign contractors and their stocks are strong.
		With help from the U.S. embassy, the exchange is preparing to buy the equipment needed for automated trading that could have transactions recorded immediately and shown on an electronic board in a new building by the end of the year.
	www.palmbeachpost.com /news/content/shared/news/world/stories/04/24_IRAQ_STOCKS.html (1066 words)

	Mad Canuck: Iraq Stock Exchange
		One of these is the Iraq Stock Exchange (ISX), which has been open for just over a year now, and currently trades shares in over seventy publicly traded Iraqi companies: hotels, construction companies, banks, soft drink bottlers, textiles, pharmaceuticals, transportation, insurance, and real estate companies among others.
		The Iraq Stock Exchange (ISX) is based on a similar model as the New York Stock Exchange (NYSE): a non-profit entity, owned by its members, and which uses the "open-outcry" system with human traders executing all trades.
		A stock exchange is also an enabler of small entrepreneurs who want to raise investment capital to expand their companies.
	madcanuck.blogspot.com /2005/08/iraq-stock-exchange.html (587 words)

	An MBendi Profile: Botswana Stock Exchange - BSE
		During 1997, the Botswana Stock Exchange saw increased investor interest arising from positive economic developments such as the 1997 national budget, cheap share prices and forecasts of average corporate earnings growth of 20%.
		An interim Stock Exchange committee comprising two stockbroking members and three members appointed by the Ministry of Finance was established.
		The Exchange became a legal entity on November 1 1995, after parliament passed the Botswana Stock Exchange Act in August 1994.
	www.mbendi.co.za /exbo.htm (482 words)

	USATODAY.com - Stock market gives new meaning to risky investment (Site not responding. Last check: 2007-10-11)
		BAGHDAD —; In the Iraq Stock Exchange, 50 brokers scribble stock prices on white dry-erase boards as about 100 traders and investors gather behind a long desk calling instructions to them.
		The stock exchange is open for two hours a day, twice a week.
		The stock exchange was first opened in 1992.
	www.usatoday.com /money/world/2006-05-04-iraq-stock-market_x.htm (398 words)

	Boston.com / Business / Markets / Iraq Stock Exchange trades in dreams of riches
		The exchange is so well hidden -- down a garden path and behind a tall barrier -- that a Globe reporter got lost on her second visit.
		In theory, the rule was a safety valve against rampant speculation of the kind currently fueling the new Iraq exchange.
		Within days of the war's end, the Baghdad Stock Exchange was stripped by looters, "down to every last light bulb," said an American consultant to the Iraq Stock Exchange, who did not want to be named.
	www.boston.com /business/markets/articles/2004/07/20/iraq_stock_exchange_trades_in_dreams_of_riches?mode=PF (1202 words)

	Women staff new Iraq stock exchange - Breaking News (Site not responding. Last check: 2007-10-11)
		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.
		These firms have an automatic right to float as they were part of the former exchange, which was dissolved after the US-led invasion of Iraq last March, but there are also new companies clamouring for a piece of the action.
		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 typically entered the finance industry under the previous Saddam Hussein regime because men were off fighting wars, the manager of the trading department, Jammy Afham, said.
	www.theage.com.au - !http: //www.theage.com.au/articles/2004/07/05/1088879401951.html (540 words)

	Boston.com / Business / Volume jumps on new Iraq Stock Exchange (Site not responding. Last check: 2007-10-11)
		With space limited, investors are not allowed in the exchange, let alone the "floor." Instead, from a makeshift courtyard, they can look in through the same windows that once offered diners a garden view.
		The exchange was inaugurated last month and is open two days a week for two hours a day.
		Thirty minutes after the ringing of the Liberty Bell replica -- a donation from the Philadelphia Stock Exchange -- Talib al-Tabatabie, the ISX's board chairman, hollered into the phone, struggling to be heard over the din from the unairconditioned trading floor.
	www.boston.com /business/articles/2004/07/18/volume_jumps_on_new_iraq_stock_exchange?mode=PF (903 words)

	Putting stock in Iraq / Baghdad exchange is a whirlwind of fierce optimism
		The stock exchange, which opened in July, may be one of Iraq's few success stories.
		The exchange moved to its current quarters in January and is expected to move to a more spacious high-tech building by year's end, says Jimmy Effem Toma, the exchange manager, who, despite her masculine first name, is a no- nonsense woman who dons a bright pink blouse and works the floor relentlessly during trading hours.
		Tabatabai concedes that the stock exchange lacks individual investor safeguards taken for granted in the West.
	www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2005/05/24/BUGNLCTH0T1.DTL (880 words)

	home - Press reports on the stock market (Site not responding. Last check: 2007-10-11)
		There are 88 private joint stock companies listed in the exchange that was reopened June 2004 after the collapse of the old regime.
		June 19, 2005 - The Iraqi stock market has received a promise from the International Federation of Stock Exchanges to be accepted as a member in it, upon the completion of the necessary documents and meeting the terms for joining it.
		April 1, 2005 - "I prefer bank stocks - they have a future," says a punter at the entrance to the Iraqi Stock Exchange, located in a converted house that is guarded like a fortress against insurgent attacks.
	www.iraqieconomy.org /home/micro/pressstock (871 words)

	Welcome to DinarInvestor.com- Buy Iraqi Dinar.
		Now the official currency of Iraq, the Iraqi Dinar is supported by the new Iraqi government and the Central Bank of Iraq, an independent financial institution protected from political interference from the many different political factions now in Iraq.
		The investment value of the new currency is based on Iraq’s ability to continue developing a stable and growing economy that will be the underpinnings of the currencies value on the world market.
		Although Iraq has suffered for many years under a fiscally crippling system of government, the constitution of the new government allows for free flow of goods and services.
	www.dinarinvestor.com (215 words)

	Iraq Stock Exchange Seeks to Join ISMA to Enter the Electronic Age - Zawya.com \| Middle East Business News
		Beirut (APD) - Iraq Stock Exchange (ISX) is seeking to join the International Securities Market Association (ISMA) in order to benefit from the expertise and technological advancement of international stock exchanges, the London-based ALHAYAT daily reported Thursday.
		The daily was quoting Taha Abdul Salam, ISX's chief executive officer who has headed a delegation from Iraq Stock Exchange to participate at the ISMA conference held in Beijing on Wednesday.
		Another delegation from Iraq Stock Exchange will visit Malaysia next week in response to an invitation from its stock exchange in order to sign a bilateral cooperation agreement to support ISX.
	www.zawya.com /Story.cfm?id=ZAWYA20050602131723&Section=Countries&page=Iraq (250 words)

	Back to Iraq 3.0: Dispatches Archives (Site not responding. Last check: 2007-10-11)
		BAGHDAD —; Bassam Talal, a wisp of a man with large ears and doleful eyes, is in his element on the floor of the Iraq Stock Market.
		Trades at the stock market are still done using colored pens and white boards Â© 2006 Bill Putnam/ZUMAThe story of the Iraq Stock Exchange has as many ups and downs as a penny stock.
		Iraq has spiraled into a dark place, much worse than where it was a year ago during the war.
	www.back-to-iraq.com /archives/dispatches (15761 words)

	New Iraq stock market off to a booming start / Bulls, bears back to trading shares
		Sunday for the fifth session of the exchange, brokers began to tear back and forth across the green-tiled floors, scribbling their bids on white boards hung from the market's wall, each listing one of the 27 companies whose shares are traded on the exchange.
		The exchange was financed with U.S. reconstruction funds, as part of what the occupation authority saw as a key mission: to open investment markets after decades of the Ba'ath Party's nationalized economy.
		Within days of the war's end, the old stock exchange was stripped by looters, "down to every last light bulb," said a U.S. adviser to the Iraq Stock Exchange, who did not want to be named.
	www.sfgate.com /cgi-bin/article.cgi?file=/c/a/2004/07/19/MNGFE7NSET1.DTL (1047 words)

	Worldandnation: Iraq Stock Exchange surges at start
		The frantic pace Sunday of those first 10 minutes of trading typified the enthusiasm behind the Iraq Stock Exchange - a new institution seen as a critical step in building a new Iraqi economy.
		Over $10-million in stocks changed hands, reflecting the movement of about 1.43-billion shares - though only 27 companies are listed on the exchange.
		The ISX replaces the now-defunct Baghdad Stock Exchange, which was riddled with corruption.
	www.sptimes.com /2004/07/19/Worldandnation/Iraq_Stock_Exchange_s.shtml (583 words)

	Inside Business - 19/09/2004: ISX keen to expand
		It was a stock exchange under Saddam Hussein but it was subject to the whims of the dictator and his family who decided how much share prices could fluctuate and were not beyond creaming off the profits for themselves and their friends by ordering special share issues to line their own pockets.
		The new exchange is a baby by world standards but it's expanding rapidly with daily trading often topping three billion dinars or $A3 million.
		Abdul Salam is CEO of the stock exchange which he started up with a grant from the Finance Ministry.
	www.abc.net.au /insidebusiness/content/2004/s1202382.htm (888 words)

	NBC: Buzzer kicks off trading on Iraqi stock exchange - Conflict in Iraq - MSNBC.com
		BAGHDAD, Iraq - It may not have the familiar chime of the New York Stock Exchange bell, but the modified door buzzer that opens Baghdad's bourse represents Iraq's best hope for economic recovery.
		Iraq had an exchange under Saddam, but price swings were limited to 5 percent in either direction.
		As Iraq rebuilds, the service and industry sectors are seen as good bets for investors.
	msnbc.msn.com /id/5817244 (651 words)

	History of Iraqi Dinar - Iraq Stock Dinar Exchange Rate
		Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967.
		With the new government establishing a new monetary system that encourages foreign investment, and the central bank of Iraq awarding foreign licences, many also believe that the value of the new Iraqi Dinar banknote is poised to escalate.
		Iraq’s path to debt reduction along with the generosity of the Paris Club by forgiving 80% of Iraq’s debt is good news for the Iraqi economy.
	www.edinarfinancial.net /history.php (903 words)

	An MBendi Profile: Casablanca Stock Exchange - Overview
		The third oldest stock exchange in Africa, it was established in 1929 and currently has 14 members and just under 50 listed securities with a total market capitalisation as at Dec 1996 of $8.6 billion.
		The exchange is relatively modern, having experienced reform in 1993.
		The Casablanca and Tunisian stock markets are covered in a quarterly report on Arab stock exchanges established by the Abu Dhabi-based Arab Monetary Fund.
	www.mbendi.co.za /exmo.htm (370 words)

	CorpWatch : Iraq: Baghdad Stock Exchange to Reopen in Hotel
		stock exchange is due to open this month, temporarily housed in a disused hotel.
		Bankers say the plan is to relist 10-15 stocks a month, with companies only being requoted after their accounts have been verified by internationally recognised auditors.
		Ultimately, the country's 114 listed companies could be quoted on the exchange, which was launched in 1992 and became a hotbed of speculation.
	www.corpwatch.org /article.php?id=11157 (332 words)

	Iraq Development Program - Iraq stock exchange hopes to spark recovery
		Iraq stock exchange hopes to spark recovery (02/12/05)
		Private-sector financial mechanisms - the stock market and the undersized private banking system - will be vital to support sustainable reconstruction, US officials say.
		The ISX picked up the reins from the former Baghdad Stock Exchange, created to sell off state-owned industries as Saddam Hussein’s regime felt the squeeze of international sanctions.
	www.iraqdevelopmentprogram.org /idp/news/new1115.htm (274 words)

	CollegeJournal \| News & Trends
		The headquarters of the old Iraqi exchange, where brokers in blue vests scribbled trades on boards, was looted after the war and is now occupied by squatters.
		A new exchange is supposed to open in temporary quarters next month, but impatient brokers already meet privately in their homes and offices to trade shares.
		He has worked with a team of volunteer financial experts and lawyers from the Securities and Exchange Commission and the New York and Philadelphia stock exchanges to revise and modernize the trading rules and disclosure requirements for the new market.
	www.collegejournal.com /globalcareers/newstrends/20040202-dreazen.html (946 words)

	The re-organized small capital market of Iraq, the Iraq Stock Exchange, will be instrumental in financing the private ... (Site not responding. Last check: 2007-10-11)
		“The re-organized small capital market of Iraq, the Iraq Stock Exchange (ISX), will be instrumental in funding the private corporate sector which is the corner stone and engine of economic growth in new Iraq”, according to Dr.
		In his paper Dr. Kubba reviewed the state of the financial and capital market in Iraq pointing to the limited role played by the banking sector in extending much needed credit to the private business sector.
		Kubba also spelled out the pros and cons of opening up the exchange to foreign investors stressing that the local market will not have sufficient capacity to meet market immediate needs for capital estimated to be close to $10 billion.
	www.berc-iraq.com /events/isx.htm (291 words)

	Center for Global Development : Article: The Iraq Stock Exchange
		Revive the old Baghdad stock exchange once controlled by Saddam’s cronies.
		Stock markets also attract funds from the diaspora.
		No one would claim stock is as important as political freedom.
	www.cgdev.org /content/article/detail/3338 (377 words)

	home - Iraq to rebuild capital market (Site not responding. Last check: 2007-10-11)
		He said the war led by the US in 2003 had caused the country’s capital market to collapse and its stock exchange, formerly known as the Baghdad Stock Exchange, to be closed.
		He said the re-opening of the stock exchange is part of the country’s development masterplan which will play an important role in the growth of its economy.
		“The country’s stock exchange was closed almost a year due to the war and was only re-opened in June last year,” he told Business Times in Kuala Lumpur on Tuesday.
	www.iraqieconomy.org.www.iraqieconomy.org /home/micro/pressstock/20050609 (304 words)

	Iraq Stock Exchange Expected to Skyrocket
		BAGHDAD, 18 July 2004 — Iraq has the potential to become the Japan of the Middle East and its revamped stock exchange, which is already trading at record volumes, will soar as a result, executives at the bourse predicted Friday.
		“Iraq is a very rich country potentially,” Talib Al-Tabatabie, chairman of the bourse, told a news conference at the well-guarded stock exchange building tucked away behind a large hotel in the center of Baghdad.
		I have a strong faith that the economy of Iraq will be one of the healthiest, strongest economies in the Middle East and that of course will be reflected in the stock exchange,” he said.
	www.arabnews.com /?page=6§ion=0&article=48521&d=18&m=7&y=2004&pix=business.jpg&category=Business (383 words)

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