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Dollar Exchange Rates Rise in Baghdad and Erbil

The dollar exchange rates increased in Baghdad and Erbil during Tuesday’s trading session. The US dollar closed near 154,000 Iraqi dinars per $100. The latest movement...
HomeTradeIraq Stock Exchange Leads Arab Markets with 131% Growth in November

Iraq Stock Exchange Leads Arab Markets with 131% Growth in November

The Iraqi Securities Commission announced today that the Iraq Stock Exchange (ISX) has achieved significant growth, as highlighted in a report by the Arab Monetary Fund. The report revealed a 131.24% increase in trading volumes for November 2024 compared to the previous month, positioning the ISX as the top-performing market in the Arab world.

Faisal Al-Haimus, Chairman of the Iraqi Securities Commission, commented in a press release: “The Iraq Stock Exchange recorded an unprecedented 131.24% growth in trading volumes during November 2024, significantly outpacing other Arab financial markets.”

Al-Haimus attributed this success to ongoing efforts to improve the ISX and create an attractive investment environment. He added, “We take pride in this exceptional performance, which underscores investor confidence and the effectiveness of strategic initiatives aimed at positioning the ISX as a cornerstone of the national economy.”