The Iraqi Market Saw Its Name Traded At More Than 57 Billion Dinars In A Week.

Stock Exchange   Economy News – Baghdad   The Iraq Stock Exchange announced on Tuesday that shares worth more than 57 billion dinars were traded during the past week.

The market said in a report that "the number of companies whose shares were traded during the past week reached 69 joint-stock companies, while the shares of 25 companies were not traded due to the failure of purchase orders to match sale orders, while 10 companies continued to be suspended due to failure to provide disclosure, out of 104 companies listed on the market."

Early Access FAQs

The report added that "the number of shares traded reached 47 billion, 694 million, and 841 thousand shares, an increase of 1075% compared to the previous week, with a financial value of 57 billion, 617 million, and 84 thousand dinars, an increase of 1240% compared to the previous week, through the execution of 4278 transactions."

He noted that "the ISX60 index closed at 988.42 points, recording an increase of 1.95% compared to its closing in the previous session."

The report explained that “the number of shares purchased by non-Iraqi investors last week amounted to 2 billion shares with a financial value of 1 billion dinars through the execution of 71 transactions, while the number of shares sold by them amounted to 53 million shares with a financial value of 240 million dinars through the execution of 35 transactions.”

It is worth noting that the Iraq Stock Exchange holds five trading sessions weekly from Sunday to Thursday, and includes 104 Iraqi joint-stock companies representing the banking, communications, industry, agriculture, insurance, financial investment, tourism, hotels and services sectors.   https://economy-news.net/content.php?id=64016