Last week, the Rabee Securities ISX Index (RSISX) gained 2.9 percent to end the week at IQD 1058, reversing its recent sharp downward trend.
But the market is still 24 percent below its level at the start of the year, having already lost more than 25 percent in 2014.
The question for investors is where does it go from here. Is this the bottom of the market, or are there further falls to come?
Let us know what you think in this poll, and in the comments section below:
[This poll is now closed. The RSISX ended the year at 1090, up 3 percent from the time of this poll, and down 22 percent for the year. Please click here to take part in our 2016 poll.]
(Stock market image via Shutterstock)