The Iraq Stock Exchange (ISX) announced on Saturday that it traded 35 billion shares in February, totaling 44 billion Iraqi dinars in value. According to a report obtained by Shafaq News Agency, the exchange held 20 trading sessions during the month.
The report revealed that 74 companies out of 104 listed on the ISX participated in share trading. The total number of shares traded reached 35.679 billion, with 12,654 transactions executed during the month.
The market value of these shares was 44 billion dinars. Despite this active trading, the ISX 60 index closed at 1,043 points, reflecting a 1.01% decline compared to the previous session.
The Iraq Stock Exchange operates five trading sessions per week, from Sunday to Thursday. It includes 104 listed companies across various sectors, including banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, and hospitality.
This report highlights the continued activity and liquidity in the Iraqi stock market, despite the challenges the region faces. The market’s diversification across multiple sectors provides a stable environment for investment and trade. Investors continue to engage in a variety of assets, showcasing the growing importance of the ISX in Iraq’s financial ecosystem.
In conclusion, the Iraq Stock Exchange saw robust trading activity in February, with significant volumes of shares traded. The market’s performance remains steady, and the outlook for future trading remains positive as investors continue to seek opportunities in Iraq’s diverse economy.