The Iraq Stock Exchange (ISX) recorded active trades last week, with the financial value of shares exceeding 14.28 billion Iraqi Dinars. Despite a slight decline in overall trading value, market participation remained significant.
The Iraq Stock Exchange (ISX) weekly trades report shows that trading activity dropped 42% in value compared to the previous week. However, the total number of traded shares surged to over 23.5 billion, a remarkable 570% increase. Investors executed 3,670 deals involving 56 of the 104 listed companies. These figures demonstrate strong market engagement despite lower prices.
The ISX60 price index closed at 960.40 points, slightly down 0.54% from the prior session. Analysts noted that minor declines in the index do not overshadow the high trading volumes, which indicate active investor interest across multiple sectors.
Foreign investors played a notable role in market activity. They purchased 260 million shares valued at 638 million Dinars while selling 399 million shares totaling 842 million Dinars. This net selling activity highlights cautious foreign confidence in the Iraqi market. Experts suggest that foreign participation reflects both market opportunities and regional economic conditions.
The ISX continues to provide a platform for 104 Iraqi joint-stock companies. These companies span vital sectors, including banking, energy, industry, and trade. Market observers noted that the diversity of listed firms supports investment options and encourages domestic and international participation.
Furthermore, analysts expect trading activity to remain dynamic as investors respond to regional developments and local economic policies. They emphasize that while short-term fluctuations occur, the overall trend in the Iraq Stock Exchange shows sustained engagement and market resilience.
Through consistent trading, the Iraq Stock Exchange strengthens its role as a key driver of economic growth. The market offers liquidity, investment opportunities, and transparency for both domestic and foreign investors. As trading activity continues to expand, the ISX supports the broader goal of diversifying Iraq’s economy and attracting long-term investment.