Latest news with #IraqStockExchange
Iraqi News
3 days ago
- Business
- Iraqi News
Iraq Stock Exchange reports over 11B IQD traded in strong final week of May
Baghdad ( – The Iraq Stock Exchange (ISX) announced on Thursday (May 29, 2025) a robust trading performance for the fourth and final week of May. Over 11 billion Iraqi dinars in value was traded across more than 6 billion shares during five sessions. The market demonstrated positive momentum, with key indices showing gains. The main ISX60 index closed the week at 1017.58 points, marking a 1.45% increase from its opening at 1002.79 points. Similarly, the ISX15 index finished higher at 1145.42 points, up 1.90% from its weekly start of 1123.69 points. A total of 3,894 buy and sell contracts were executed on listed company shares throughout the week. This active trading week underscores continued investor engagement in the Iraqi bourse, concluding May on a positive note for the market's key performance indicators.
Shafaq News
3 days ago
- Business
- Shafaq News
ISX reports nearly $8.5M in weekly trading
Shafaq News/ The Iraq Stock Exchange (ISX) announced, on Thursday, that its trading volume for the week, spanning five sessions, reached over 11 billion IQD ($8.4 million). According to the recorded data, over 6 billion shares were traded this week, with a total value surpassing $ ISX60 index opened the week at 1002.79 points and closed at 1017.58 points, reflecting a 1.45% increase. The ISX15 index started at 1123.69 points and ended at 1154.42 points, marking a 1.90% rise. Throughout the week, the exchange executed 3894 sale and purchase contracts involving listed companies.
Iraqi News
5 days ago
- Business
- Iraqi News
Iraq Stock Exchange's weekly trading volume surpass $4.8 million
Baghdad ( – 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.
Zawya
09-05-2025
- Business
- Zawya
Rabee's Iraq Stock Exchange Index reports 3.0% growth in April
Baghdad, Iraq: The Rabee Securities Iraq Stock Exchange Index (RSISX Index) recorded a 3.0% increase in April, distinguishing Iraq's capital markets from declines seen across several regional economies, including Saudi Arabia (-2.9%), Bahrain (-2.0%), Kuwait (-1.4%), and Muscat (-1.2%). The positive trajectory was led by key contributors such as Al-Mansour Hotel, Al-Mansour Bank, Baghdad Soft Drinks, Asiacell, and Bank of Baghdad. 'The strength of Iraq's financial markets this month reflects more than isolated stock movements—it signals growing investor trust in the country's economic reforms and market structure,' said Tugba Tan Karakaya, Equity Analyst at Rabee Securities. 'With regulatory momentum building and investor participation diversifying, the RSISX Index continues to position itself as a credible indicator of the country's forward economic narrative.' The RSISX Total Return Index (RSISXTR) posted a 4.2% rise in April, outpacing the RSISX Index itself. This gain was partially driven by the absence of the dividend impact from the National Bank of Iraq, which issued a dividend of IQD 0.20 per share, equivalent to a 5.6% yield. Total trading volume on the Iraq Stock Exchange (ISX) dipped by 2% compared to March, reaching USD 27.7 million. Excluding cross transactions, volume declined 11% month-on-month to USD 24.1 million. The banking sector continued to dominate activity with a 71.1% share, followed by the industry (11.0%), telecom (6.2%), hotels and tourism (6.0%), agriculture (4.2%), and services (1.5%) sectors. Meanwhile, over-the-counter (OTC) market volume rose significantly, increasing 288% from the previous month to USD 98.5K. Investor sentiment remained optimistic, with 30 companies witnessing share price growth. Of these, 16 increased by more than 5.0%, and 8 surpassed the 10.0% mark. Kurdistan International Islamic Bank led with a 118.9% increase in share value, followed by Al-Mansour Hotel at 20.0%. On a broader level, April featured several developments underscoring Iraq's capital market maturity. A strategic cooperation agreement between the Iraqi and American Chambers of Commerce was signed on April 9 to strengthen SME participation and enhance bilateral trade, science, and technology collaboration. On April 15, the Iraqi Securities Commission launched its first Environmental, Social, and Governance (ESG) guide, establishing mandatory standards for ISX-listed companies. The month concluded with a landmark MoU between the Iraq Stock Exchange, the Iraqi Securities Commission, and the Abu Dhabi Securities Exchange to join the Tabadul digital trading platform, advancing regional integration and cross-border innovation.
Shafaq News
08-05-2025
- Business
- Shafaq News
ISX reports +$3M in weekly trading
Shafaq News/ The Iraq Stock Exchange (ISX) announced, on Thursday, that its trading volume for the week, spanning five sessions, reached over 4 billion IQD ($3 million). According to the recorded data, more than 2 billion shares were traded this week, with a total value surpassing 4 billion IQD. The ISX60 index opened the week at 1043.31 points and closed at 1049.21 points, reflecting a 0.56% increase. Similarly, the ISX15 index started at 1113.04 points and ended at 1136.02 points, marking a 2.02% rise. Throughout the week, the exchange executed 3135 sale and purchase contracts involving listed companies.
