This week, Iraq’s stock exchange experienced a moderate decline. The RSISX Index fell 2.3% in both IQD and USD terms. However, investor trends in Iraq still reveal steady participation and interest in the market. The total trading volume reached IQD 11.26 billion, or about $8.5 million. investor shares of 56 companies, out of 104 listed on the ISX.
Moreover, activity in both the banking and agriculture sectors remained strong. These signs suggest that investor trends continue to shape market behavior.
Notably, investor trends in Iraq Kurdistan International Islamic Bank recorded a 14.3% gain and a year-to-date rise of 111.8%. Similarly, Economy Bank’s stock rose by 7.1%. Modern Animal & Agricultural Products, Al-Mosul for Funfairs, and Iraqi General Transport also posted gains. movements indicate growing confidence in certain sectors.Conversely, some companies lost ground. Iraqi Agricultural Products dropped 8.7%. Modern Sewing followed closely, with a decline of 8.3%. Additionally, stocks like Iraqi for Carton Manufacturing, Al-Nukhba for Construction, and Iraqi Islamic Bank also slipped.
Clearly, reflect selective optimism rather than broad-based growth. Bank of Baghdad dominated the week’s investor, investor trends in Iraq, making up 39.2% of the total volume. Al-Mansour Bank followed at 23.7%. Gulf Commercial Bank, Iraqi Seed Production, and Baghdad Soft Drinks completed the top five by trading activity. These companies highlight where investors are placing their trust and capital.
Furthermore, investor trends in Iraq total market capitalization reached IQD 22.52 trillion, or about $17.06 billion. The Central Bank of Iraq held its auction rate at IQD 1310 per USD, while retail dollar sales reached IQD 1320.In terms of company status, 27 firms saw gains, 9 declined, and 20 remained stable. Five companies paused trading due to general assemblies, while eight were suspended by the Iraqi Securities Commission.
Overall, active sectors continue to pull their attention, proving that investor trends in Iraq are critical to understanding market shifts.
