On Tuesday, the Iraq Stock Exchange (ISX) reported a substantial increase in its weekly trading volume, which reached over 17 billion dinars ($12.92 million). According to the ISX, shares of 58 companies were traded last week, while 39 companies saw no trading activity due to a mismatch between buy and sell orders. Additionally, seven companies remain suspended for failing to disclose the required information, leaving a total of 104 listed firms on the exchange.
The recorded data revealed that 19,961,142,000 shares were traded, marking a 416% increase from the previous week, with a total transaction value of 17,442,322,000 dinars. This represented a 91% increase in value through 3,337 transactions. The ISX60 index closed at 1,062.87 points, reflecting a slight rise of 0.15% compared to the previous session’s close.
Non-Iraqi investors were active during the week, purchasing 8,000,000 shares valued at 33,000,000 dinars through 25 transactions. In contrast, they sold 1,000,000 shares, worth 6,000,000 dinars, through nine transactions.
The Iraq Stock Exchange operates five trading sessions weekly, from Sunday to Thursday, and lists 104 joint-stock companies representing a wide range of sectors, including banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, and hotels.