The Iraq Stock Exchange recorded a week of strong market growth, driven by rising investor activity and positive trading momentum. Throughout the week, market confidence increased steadily, encouraging more investors to participate in buying and selling shares.
During this period, the total number of shares traded reached over 5 billion. The total financial value of these transactions exceeded 16 billion Iraqi Dinars. This trading activity took place through 6,797 buy and sell contracts involving companies listed on the exchange.
Moreover, the ISX60 trading index showed impressive progress. It closed the week at 960.27 points, up from 881.94 points. This change represented an increase of 8.16%, reflecting strong investor confidence in the market.
Likewise, the ISX15 index, which tracks the top 15 performing companies, also posted a notable gain. It ended the week at 1127.47 points, rising from 1068.87 points. This growth represented a 5.20% increase, showing that leading companies attracted consistent investment.
In addition, the combination of higher share volumes and rising market indices indicated growing trust in Iraq’s economic environment. More companies on the exchange reported increased trading activity, which boosted liquidity and market stability.
Furthermore, traders responded positively to improved market conditions, taking advantage of opportunities to increase their investments. As a result, both small and large investors contributed to this strong market growth.
This week’s performance highlighted the Iraq Stock Exchange’s resilience and ability to maintain upward momentum. With continuous market growth, the exchange could attract more domestic and foreign investments in the future.
Overall, the Iraq Stock Exchange experienced strong market growth due to higher trading volumes and increased investor confidence. The steady rise in both the ISX60 and ISX15 indices underscored the exchange’s positive outlook.