Economy News _ Baghdad
The Iraq Stock Exchange announced that it will close its trading next Monday as a result of the ban and Eid al-Fitr.
The market said in a statement received by “Al-Eqtisad News”, that “based on the Cabinet’s decision and the decisions of the Supreme Health and Safety Committee, due to the existence of a curfew from May 12 to May 22, it will be the last trading session in securities before Eid Al-Fitr and from next Monday in order to end From settlements and clearing between brokerage firms and investors. “
He added, “The first trading session in securities will be after Eid Al-Fitr and the curfew, and as of Sunday, May 23.”
It is noteworthy that the Iraq Stock Exchange organizes five trading sessions a week from Sunday to Thursday, and 103 Iraqi joint stock companies are listed in it, representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism and hotels.