Wednesday, April 12, 2006

Iraq stock exchange

Today in class Mrs. Hartmann said that there was an Iraq Stock Exchange, I had no idea! It's a fairly big one too! The stock exchange started in the beginning of summer 2004, and has gone pretty smoothly ever since. On opening day 589 million shares were traded. U.S. officials assisted Iraq on reconstructing their trading system. This proved to be beneficial because on June 24, 2004 there was stock trading in Baghdad for the first time in almost a year and a half. The Iraq stock exchange will help improve their economy, especially their private sector. The link in this post takes you to the actual Iraq Stock Exchange website.

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