Iraq Stock Exchange records 3 billion 388 million dinars in weekly trades

The Iraq Stock Exchange announced on Monday that shares with a monetary value of 3 billion and 388 million dinars were traded during the past week.

The exchange's management said that shares of 68 joint-stock companies were traded during the week, while shares of 26 companies did not trade because buy orders did not meet sell orders, and 10 companies remain suspended for failing to provide disclosures, out of a total of 104 listed companies.

The number of shares traded reached 3 billion and 818 million shares, an increase of 106% compared with the previous week; 4,279 transactions were executed. The traded-price index ISX60 closed at 930.78 points, recording a decrease of 1.35% from the previous session's close.

Regarding non-Iraqi investors' activity, the shares they bought amounted to 34 million shares worth 55 million dinars in 35 transactions, while the shares they sold amounted to 23 million shares worth 258 million dinars across 131 transactions.

The Iraq Stock Exchange holds five trading sessions weekly from Sunday to Thursday, and lists 104 Iraqi companies representing the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels, and services sectors.