Most Popular
1. Dow Max Drawdown Bear Stock Market 2022 - Accumulating Deviations from the Highs - 21st Feb 22
2.Putin Starts WW3 in Ukraine, Will Use Tactical Nuclear Weapons, China Prepares Taiwan Blitzkrieg - 28th Feb 22
3.World War 3 Phase 1 - Putin WINS Ukraine War! - 25th Feb 22
4.INVESTORS SEDUCED by CNBC and the STOCK CHARTS COMPLETELY MISS the BIG PICTURE! - 10th Feb 22
5.Will There Be A 2024 US Presidential Election? - 3rd Mar 22
6.Gold and SIlver, Precious Metals Sector Is at a Terrific Buy Spot - 6th Feb 22
7.Why Putin Wants the WHOLE of Ukraine - World War 3 Untended Consequences - 6th Feb 22
8.Dow Stock Market Expected Max Drawdown 2022 - 19th Feb 22
9.Stock Market Calm In the Eye of the Inflation Storm - 4th Mar 22
10.M = F - Everything is Waving! Stock Market Forward Guidance - 7th Mar 22
Last 7 days
Britain's Hyper Housing Market - 27th May 22
Lower Copper price due to Chinese lockdowns is only Temporary - 27th May 22
How the United States Conquered Inflation Following the Civil War - 27th May 22
Greater Depression Now!? - 27th May 22
Stocks: Is the Really Scary Part Just Ahead? - 27th May 22
The Dark Side of the Internet - Cybersecurity - 27th May 22
Why Ray Dalio is WRONG About China - Principles for Dealing with the Changing World Order - 24th May 22
Globalists Convene to Plan Central Bank Digital Currencies - 24th May 22
After Recent Highs, What’s Next for the Gold Junior Miners? - 24th May 22
Why APPLE Could CRASH the Stock Market! - 21st May 22
Why Is Crude Oil Ignoring US Inventories? - 21st May 22
Here is Why I’m Still Bullish on Gold Mining Stocks - 21st May 22
THE INFLATION MEGA-TREND QE4EVER! - 20th May 22
US Real Estate Investors – Is There An End In Sight? - 20th May 22
How Technology Affected the Gaming Industry - 20th May 22
How To Set And Achieve Reasonable Goals For Your Company - 20th May 22
How Low Could the Amazon (AMZN) Stock Price Fall? - 19th May 22
Bitten by FANG? Clocked by Cryptos? -- 'Air Pockets' Everywhere - 19th May 22
Northern General Hospital Orthopedics Fractures and and Ankle Clinic Consultations Real Patient Experience - 19th May 22
Cathie Wood Goes All in on Teladoc, ARKK INSANE Noob Investing Strategy! - 17th May 22
This is Anything but Positive for US Housing Market - 17th May 22
What Should We Do If There Is No Fed Monetary Policy Pivot? - 17th May 22
All Possible Ways to Earn Free Litecoin - 17th May 22
How low Could the Amazon Stock Price Fall? - 16th May 22
Cathy Wood ARKK INSANITY There is NO Coming Back! - 16th May 22
NASDAQ 100 Stock Market LOWER LOWS & LOWER HIGH - 16th May 22
Sanctions, trade wars worsen US inflation - 16th May 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Time to invest in Iraq ?

Stock-Markets / Analysis & Strategy Nov 06, 2006 - 07:29 PM GMT

By: Nadeem_Walayat

Stock-Markets

Usually the best time to invest is when all the news is bad. Given the current situation in Iraq of escalating sectarian violence, one could assume that, that stage has now arrived, with the verdict on Saddam Hussein representing a turning point for the country.

The potential for iraq lies in its vast oil and gas wealth, coupled with an predominantly educated population and low starting GDP growth, with financial help and support from the worlds larges economy (USA), the scene is set for a long-term investment opportunity in Iraq.


However, the Iraqi Stock Exchange Index (ISX), has yet to make a bottom, as commercial activity continues to suffer, having declined by more than 60% over the last 12 months. So at this point in time, the situation is pretty tough, with no bottom in sight.

On the plus side, the Iraqi Parliament recently passed a new investment law which opens the Iraqi economy to investors globally. The new law provides foreign investors with adequate legal protection and with the ability to withdraw capital and profit. It also offers opportunities for significant exemptions from taxes and duties for 10 years+.

If investors still feel the urge to bottom pick, then the best way of investing in Iraq, is probably via a managed funds, such as Unit Trusts and Investment Trusts, or major oil companies that have a stake in the Iraqi oilfields.

 


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Scott Gonzales
17 Feb 09, 19:23
Iraq Stock Exchange

Over the last 4 trading days ending with Tuesday Feb 17th, the Iraq Stock Exchange (ISX) Composite Index has increased from 69.672 -> 74.653 -> 79.304 -> 84.899. This is a 22% increase over 4 trading sessions. Hotels and Banks are leading the way.

I think the ISX is a great place to invest at this time. Risky but may be rewarding. You can see all of the ISX data and graphs or learn how to invest in the Iraq Stock Exchange at my website www.IraqStockX.com


Post Comment

Only logged in users are allowed to post comments. Register/ Log in