Iraq Stock Exchange Weekly Transactions Reach $2.3 Million
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The Iraq Stock Exchange (ISX) reported that trading volume during the previous week exceeded three billion Iraqi dinars, approximately $2.3 million. Investors engaged in transactions involving shares from 68 firms, while 26 companies saw no activity due to mismatched buy and sell orders. Additionally, 10 of the 104 listed firms were suspended for failing to submit mandatory disclosures. The ISX60 index closed at 952.44 points, marking a 0.26 percent decline from the previous session. Overall, the stock market experienced a 34 percent decrease in trading volume compared to the prior week.
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Key Entities
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Iraq Stock Exchange Organization
The main stock market in Iraq where shares of publicly traded companies are bought and sold.
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ISX60 index Concept
An index that tracks the performance of the top 60 companies listed on the Iraq Stock Exchange.
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Foreign investors Person
Individuals or entities from outside Iraq looking to invest in the Iraqi market.
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Baghdad Place
The capital city of Iraq, where the Iraq Stock Exchange is located.
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Regulatory compliance Concept
The adherence to laws and regulations governing the operations of companies in the stock market.
Multi-Perspective Analysis
Left-Leaning View
A left-leaning perspective might emphasize the need for regulatory reforms and support for local businesses to improve market conditions.
Centrist View
A centrist view would focus on the importance of stabilizing the economy and attracting foreign investment to foster growth.
Right-Leaning View
A right-leaning perspective may highlight the need for market deregulation and reduced government intervention to stimulate investment.
Source & Verification
Source: Iraqi News RSS
Status: AI Processed
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