Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Aug 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,258 (-1.0%) / $1,317 (-0.2%) (weekly change) (-9.7% and -11.1% YTD change, respectively). The number of week traded […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th July 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,271 (-4.5%) / $1,319 (-4.3%) (weekly change) (-8.8% and -11.0% YTD change, respectively). The number of week traded […]
By John Lee. The Governor of Basra, Majid Al-Nasrawi [Alnasrawi] (pictured), has called on Filipino companies to invest in the province. During a meeting with the country's Chargé d’Affaires, Elmer Cato, he stressed that Basra and the rest of southern Iraq remain safe for investors. Citing the example of the Manila-based International Container Terminal Services Inc. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd July 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,339 (-5.4%) / $1,379 (+0.02%) (weekly change) (-3.9% and -6.9% YTD change, respectively). The number of week traded […]
By John Lee. The Kurdistan Region of Iraq has imported 26 tons of gold in the first six months of the year, a reduction on the same period last year. According to a report from Shafaaq News, 16.7 tons were imported through Sulaymaniyah International Airport, 8.2 tons through Erbil International Airport, and 1 ton through […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th July 2015). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed starting from July 19, 2015 to July 21, 2015 due to the national holiday of Eid Al-Fitr. The next session […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th July 2015). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed on July 14, 2015 due to an official holiday in Baghdad. ISX will be also closed starting from July 19, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th June 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,444 (+1.1%) / $1,475 (+3.5%) (weekly change) (+3.6% and -0.4% YTD change, respectively). The number of week traded […]
By Mark DeWeaver. This has been quite a year for the Iraqi dinar. From a level of IQD 1,217: USD 1 at the end of 2014, the market rate for the currency weakened steadily during the first quarter, penetrated a key support level at 1,290 in late April, and reached a low of 1,379 on […]
By Simon Kent. Zain Iraq is now listed on the Baghdad stock exchange, some 4 years after the company was required to do so under the terms of their market entry to Iraq, Reuters reports. Analysts such as Hassan Aldahan, chairman of Baghdad investment company Bain Alnahrain, explained that the 50% rise on share value was artificially […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th June 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,366 (+0.6%) / $1,319 (-0.5%) (weekly change) (-1.9% and -11.0% YTD change, respectively). The number of week traded […]
By Mark DeWeaver. Given the importance of oil for Iraq’s economy, you might think that the price of this commodity would be a key driver for Iraqi stocks. Strangely, this has not always been the case—most notably during the global financial crisis. From July to December, 2008, even as the oil price fell by a […]
