Don961: Analyst: Gold prices may reach $ 2000 by the end of the year
08 Jul 2019 06:48 PM
Direct: strategic analyst believes that gold prices could continue to rise until it reaches the level of $ 2,000 an ounce by the end of 2019
“In fact, gold prices are poised to reach $ 2000 an ounce by the end of this year,” said David Roach, president and global strategist at Independent Strategist in comments with the US network CNBC link
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Samson: The Iraqi Stock Exchange is trading shares worth 152 billion dinars in the first half of 2019
2019/7/8 9:26
The index of the Iraqi market for securities, the circulation of shares amounted to 152 billion dinars during the first half of this year, an indicator of a rise compared to the last session of January of the same year.
The Executive Director of the market, Taha Ahmed Abdul Salam said in a statement received {Euphrates News} a copy of it, “The Iraqi market for securities organized during the first half of 2019 {121} trading session securities within the timing organized by the instructions and rules of electronic trading in the market of Iraq Securities”. He pointed out that “trading was limited to the shares of 75 joint stock companies to the presence of 20 companies suspended from trading by a decision of the Securities Commission due to non-disclosure of the annual or quarterly.”
“The number of listed shares amounted to 12175 billion shares of listed companies of 103 companies, while the number of shares traded 237 billion shares during the first half 2019, while the value of those shares, 152 billion dinars.” “The index of shares prices closed at the last session in June at 496.31 points in the meeting of 30/6/2019, a slight increase of 0.8% from the close in January 2019, while the number of contracts executed during the first half of this year 82,942 a necklace”.
The Executive Director of the market, that “the Iraqi market for securities submitted a proposal to the Securities Commission to regulate the circulation of shares of companies that delay the submission of annual disclosure by classifying and classification as a third market and according to proposed mechanisms limited to trading for only one hour and will be implemented upon obtaining the approval of the Commission On the proposal and not stop trading on it in the future”. LINK
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Samson: Oil rises and investor interest is focused on global risk
8th July, 2019
Crude oil prices rose on Monday, boosted by better-than-expected US jobs data last week, as well as geopolitical risks, but fears that a slowing global economy could curb oil demand have dampened gains.
Global Brent crude futures were up 8 cents at 0647 GMT at $ 64.31 a barrel. WTI rose 6 cents to $ 57.57 a barrel.
“Prices have been supported by better-than-expected non-farm payroll data, but traders are very cautious about the gloomy global economic outlook,” said Steven Inz, managing partner at Vanguard Markets in Bangkok.
Both crude prices fell last week as concerns over the global economic slowdown overshadowed supply risks. Brent fell more than 3% and West Texas Intermediate fell 1.5%.
The jobs report for the US Department of Labor, which is closely monitored on Friday, showed job growth in the United States rebounded strongly in June as government jobs rose, suggesting a sharp May employment slowdown may have been transitory.
Employers added 224,000 jobs last month, the highest figure in five months, the report said. LINK
