اختبار كفاءة سوق العراق للأوراق المالية عند المستوى الضعيف باستخدام نموذجي (ADF and PP)‎ للمدة 2016-2019

Abstract EN

Financial stock exchanges are one of the most important channels that mobilize financial resources and utilize them in investments to keep the economic sustainability.

The Iraq stock exchange trades and mobilizes financial resources as it is the only financial market operating in Iraq, which represents the community and research sample.

The study aims to test the efficiency of the Iraq stock exchange at the weak form by using the model (ADF, PP).

Statistics have been used in the study as a measure such as (Jarque-Bera).

The study has come up with many conclusions.

The most notable conclusions are the ence of normal distribution of weekly data for the closing prices of Iraq stock exchange index for the period 2016 - 2019, and the inefficiency of the market at the weak form.

The study has seriously recommended to maximize the efficiency degree of the Iraq stock exchange at its different levels