Iraq Stock Exchange’s weekly transactions hit $66 million

Baghdad (IraqiNews.com) – The Iraq Stock Exchange (ISX) revealed on Monday that trading volume during the previous week surpassed 86 billion Iraqi dinars (approximately $66 million).

Investors exchanged shares in 67 firms. 29 businesses’ shares had no activity owing to mismatched buy and sell orders, while eight of the 104 listed firms remained suspended for failing to submit mandatory disclosures, according to a report cited by Shafaq News.

The stock market recorded 5,718 transactions worth 86.72 billion Iraqi dinars (approximately $66.2 million), representing a 958 percent increase compared to the previous week.

The ISX60 index finished at 944.57 points, declining 0.46 percent compared to the previous session.

The Iraq Stock Exchange operates five sessions per week, from Sunday to Thursday, and has 104 listed companies in the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotel, and service sectors.

Foreign investors bought 54 million shares worth 143 million Iraqi dinars (about $109,208) in 53 transactions and sold 748 million shares worth one billion Iraqi dinars (approximately $763,697) in 138 transactions.

The post Iraq Stock Exchange’s weekly transactions hit $66 million appeared first on Iraqi News.

المصدر: Iraqi News