According to a report from Reuters, with better regulation and the expected listing of the country's three main mobile phone firms, foreign investors are increasingly choosing Iraq's stock market as a lucrative investment. Iraq's bourse is still tiny in comparison with other regional or international stock markets, but a drop in violence since the peak […]
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th October 2011). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,613 / $1,790, -2.8%. The number of weekly traded shares was 11.6bn and the weekly trading volume was ID27.8bn ($23.8mn). […]
As revolution sweeps across the Middle East, Iraq is still reportedly attracting funds to into its listed companies. The Iraqi Stock Exchange (ISX), which began trading in 2004 with 15 stocks, has attracted $20 million in foreign capital in 2011 from regions like the United States, Europe, the Gulf and Egypt, according to a statement […]
Reuters reports that Iraq is expected to attract more overseas investment this year after foreigners were net buyers on its stock exchange in 2010, snapping up $53 million worth of shares, the market’s head said on Sunday. Taha A. Abdulsalam, chief executive of the Iraq Stock Exchange (ISX), said foreign investors were showing interest across […]
MerchantBridge, the international private equity group with diverse investment interests operating from Iraq, Lebanon, United Arab Emirates and the United Kingdom, has launched an Iraq equity fund, the "Mesopotamia Equity Fund Ltd". The Mesopotamia Fund is an open ended fund that will capitalize on the expected long term growth of the Iraqi Stock Exchange (ISX). […]
