Table of Contents
How Does The Iraq Stock Exchange (ISX) Work?
Iraq Stock Exchange is a centralized marketplace where securities (stocks and bonds) are bought and sold. The main function of the Iraq Stock Exchange is to facilitate the trading of these assets among buyers and sellers.
What are the Trading Days Hours on ISX?
ISX is open for trading 5 days a week from Sundays to Thursdays ISX has specific trading hours and days of operation like other stock exchanges in the world. Trading is executed during the weekdays from Sundays to Thursdays, while it is closed on weekends (Fridays and Saturdays) and official holidays
Share prices are set through a mechanism called “price discovery”. It is a process by which the market determines the price of an asset or security through the interactions of buyers and sellers.
What affects prices in a stock exchange?
Stock prices change continuously depending on the change in supply and demand for the stock due to the changing market sentiment, a new information including macro, sectoral, and company-specific developments.
Which investment Instruments can be invested in the ISX?
When you open a trading account to trade on the ISX, you can buy and sell the shares of more than 100 companies. Bonds are not trading currently on the ISX, but in the past few times construction bonds issued by the government were listed and traded, but there is a future potential for the bond market in Iraq.