The Iraq stock market recorded notable growth in May, with increased trading volume and higher index values. According to official data, the Iraq Stock Exchange (ISX) handled more than 14 billion shares worth over 28 billion dinars, equal to around $20 million.
During the month, the ISX held 18 trading sessions. Out of 104 listed companies, 76 were active in trades. This shows that a large share of Iraq’s joint-stock firms contributed to the market’s solid performance. These companies represent many key sectors, such as banking, telecommunications, agriculture, hotels, tourism, insurance, and industry.
The Iraq stock market executed 12,149 individual transactions. This number reflects strong investor engagement and growing interest in local assets. The total number of shares traded reached 14,216,936,000, confirming a high level of market activity.
At the end of May, the ISX60 index closed at 1017.58 points. That result marks a 3% rise from the previous closing. A rising index often signals a healthy market, with increasing investor confidence and improved company performance.
The ISX operates five days a week, from Sunday through Thursday. It offers a regulated environment for trading shares of joint-stock companies. Many investors in Iraq use this platform to build long-term financial plans or take advantage of short-term opportunities.
Several factors may have helped the Iraq stock market perform well in May. For example, improved stability in oil prices likely boosted business optimism. Other factors, such as interest in Iraq’s growing private sector and improved financial systems, may also have supported the rise in trading activity.
Investors across the country appear to be returning to the market in greater numbers. This could be due to expectations of continued economic recovery and reform. More interest in key industries like banking and industry may also help the Iraq stock market grow further in the coming months.
Overall, the ISX remains an important part of Iraq’s economic progress. As more people invest and more companies grow, the stock market may become an even bigger driver of financial development.