Iraq Stock Exchange's weekly trading volume surpass $4.8 million
Baghdad (IraqiNews.com) – The Iraq Stock Exchange (ISX) said Monday that its weekly volume of transactions had surpassed 6 billion dinars ($4.87 million).
According to ISX, 63 businesses' shares were traded last week, while 33 did not trade owing to a discrepancy between buy and sell orders. Eight of the 104 listed companies are still suspended for failing to provide needed information.
Statistics indicated that over 3.7 billion shares were traded, representing a 76.7 percent increase compared to the previous week, for a total value exceeding 6.3 billion Iraqi dinars ($4.8 million) through 2,208 transactions. The ISX60 index closed at 898.41 points, down 1.62 percent compared to the previous session's closing.
Foreign investors bought 73 million shares last week, worth 294 million Iraqi dinars ($224,000), in 64 transactions. Furthermore, they sold 41 million shares, totaling 187 million Iraqi dinars ($143,000), in 49 transactions.
The ISX completed five trading sessions last week, from Sunday to Thursday.
104 joint-stock businesses from the banking, telecommunications, industry, agriculture, insurance, financial investment, and tourism sectors are listed in the ISX.
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