Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th September 2011). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,660 / $1,841, -0.4% (weekly change). The number of weekly traded shares was 4.1bn and the weekly trading volume was […]
Tag Archives | Iraq Stock Exchange News
Iraq Business News brings you the latest Iraq Stock Exchange news.
Iraqi Stock Market in the Spotlight
With most Middle East stock markets having been dragged down by the turmoil unleashed by the Arab spring and a sputtering global economy, some adventurous fund managers have started exploring opportunities in the tiny Iraqi market, according to a report from Bloomberg. The Iraqi Stock Exchange, or ISX, says its main market index has surged […]
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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. […]
Iraqi Stock Exchange (ISX) Will Close For Holiday
The Iraqi Stock Exchange (ISX) will be closed from September 9-13 due to the Muslim holiday of Eid ul-Fitr. Trading will resume on September 14. Border crossings and airports in Kurdistan will remain open.
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 […]
Iraq Stock Exchange Expects 50 Percent Boost from Securities Package
The Iraq Stock Exchange expects to boost business by 50 percent once new securities legislation is in place as new foreign investment i drawn in.