Tag Archives | Iraq Stock Exchange News

Iraq Business News brings you the latest Iraq Stock Exchange news.

Iraq Stock Market Report

Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd September 2011). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,666 / $1,848, +1.6% (weekly change). The number of weekly traded shares was 2.7bn and the weekly trading volume was […]

Iraq Stock Market Report

Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th September 2011). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,641 / $1,820, -1.1% (weekly change). The number of weekly traded shares was 2.9bn and the weekly trading volume was […]

Iraq Loses $22m due to "Extra" Eid Holidays

An Iraqi economist says the country will lose $22 million because of "extra" Eid al-Fitr holidays that the Iraqi government announced. Eid al-Fitr, which follows the Muslim holy month of Ramadan, is usually three days, however, AKnews reports that the Iraqi government last week extended the holidays to six day, to accommodate differences between the […]

23 Iraqi Companies Suspended

According to a report from Rabee Securities, the Iraq Securities Commission (ISC) is suspending trading in the companies listed below, starting Monday, August 8th, 2011. The reason is their violation of instruction # (14) related to financial disclosure; their failure to submit their annual reports for 2010 and/or quarterly financial reports for first quarter 2011 […]

$339m Traded on ISX in 2010

The Iraqi Stock Exchange announced that it held 237 trading sessions last year, during which the 25.56 billion shares worth 400 billion dinars ($339m) changed hands. The Director of the Iraqi Securities Market, Taha Ahmed Abdul Salam, said the market index (which includes 40 companies) closed at 10,098 points in the last session of 2010. […]

Erbil Stock Exchange Opens for Business

AK News reports that the Erbil Stock Exchange has opened for business. "The Kurdistan regional government (KRG) has continually strived to create an environment for the local businessmen and traders to have shares in the local companies of Kurdistan," the secretary of the high economic council of KRG, Izzat Mullah said. Erbil stock market is […]

A Perfect Storm for Iraqi Stocks

By Mark A. DeWeaver, of Quantrarian Asia Hedge Two good rules for emerging stock market investors have always been: (1) buy crises and (2) buy export booms.  The first would have worked well in Sri Lanka in the weeks following the Tamil Tiger suicide attack on the country’s main airport in July, 2001.  Had you […]