Iraq Stock Exchange performance saw significant growth last week, with trading value surpassing 7.8 billion Iraqi Dinars. This uptick reflects stronger investor confidence and market activity.
The Iraq Stock Exchange (ISX) confirmed that shares from 61 joint-stock companies were actively traded. In contrast, 35 companies saw no transactions due to unmatched buying and selling orders. Moreover, eight firms remained suspended for failing to meet required disclosure standards. These figures come from a total of 104 listed companies.
Meanwhile, total traded shares reached 5.415 billion—an increase of 150% from the previous week. The overall value of these trades amounted to 7.885 billion Iraqi Dinars. This financial gain represents a 34% jump in value, resulting from 4,438 separate transactions.
Additionally, the ISX60 index closed at 979.85 points, marking a 0.61% increase from the previous session. This rise in the index demonstrates a stable upward trend across multiple sectors.
When examining foreign investor participation, the market showed mixed signals. Non-Iraqi investors purchased 128 million shares across 82 transactions. The value of these purchases reached 527 million Dinars. However, they also sold 307 million shares through 11 transactions, totaling 645 million Dinars.
Iraq Stock Exchange performance is supported by a weekly schedule of five trading sessions. These occur from Sunday through Thursday. The exchange features 104 listed companies across vital sectors. These include banking, telecommunications, industry, agriculture, insurance, tourism, financial investment, and services.
Despite the suspension of some firms, overall market participation improved notably. The strong increase in traded volume suggests a more dynamic trading environment. Furthermore, this momentum could help attract additional foreign investment in the coming months.
Looking ahead, if Iraq Stock Exchange performance continues on this trajectory, it may signal a robust recovery phase. Continued regulatory compliance and sectoral growth will remain essential for sustained development.This upward trend reflects growing investor trust, improved market regulation, and Iraq’s gradual progress toward a more resilient financial sector.
