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HomeEconomyIraq Stock Exchange Sees Over $2 Million in Weekly Trading Activity

Iraq Stock Exchange Sees Over $2 Million in Weekly Trading Activity

The Iraq Stock Exchange (ISX) recorded strong activity as total trading value surpassed $2 million for the week. This performance highlights the continued growth of Iraq stock exchange activity amid a changing investment landscape. Investors showed renewed confidence, even as overall trading volume fluctuated across various sectors.

Throughout the week, investors traded shares in 64 companies listed on the Iraq Stock Exchange. However, 30 firms saw no transactions because buy and sell orders did not match. Additionally, 10 companies faced temporary suspension due to delays in submitting their required disclosures. These numbers show that stock exchange activity remains vibrant but still depends on stronger transparency and corporate governance.

The total trading volume reached 2.84 billion contracts, valued at 3.82 billion Iraqi dinars, equal to more than $2.5 million. Despite the solid figures, the exchange experienced a 40% decline in traded volume and a 42% drop in total value compared to the previous week. The ISX60 index closed at 961.81 points, a decrease of 0.21%, reflecting minor corrections across several sectors.

Foreign investors played a notable role in the weekly activity. They bought 201 million shares worth 469 million dinars, equivalent to around $331,000. Meanwhile, they sold 119 million shares valued at 268 million dinars, or about $189,000. These transactions illustrate how foreign participation continues to shape Iraq stock exchange activity and overall market trends.

The Iraq Stock Exchange operates five sessions per week, from Sunday to Thursday. It lists 104 companies from diverse industries, including banking, telecommunications, agriculture, industry, tourism, insurance, and financial investment. This diversity strengthens the market’s resilience and ensures that investors can explore multiple sectors.

Analysts believe that Iraq stock exchange activity reflects growing investor interest in the nation’s economic potential. They also note that improvements in digital trading systems and regulatory reforms could attract even more participation. The market’s performance indicates that Iraq continues to emerge as an important destination for regional and international investors seeking long-term opportunities.