Banks are the most traded sector in the Iraqi market in terms of value.

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Banks are the most traded sector in the Iraqi market in terms of value.

The Securities fee announced on Wednesday that the banking zone turned into the most traded zone in the Iraq stock change in phrases of fee for the 1/3 quarter of 2024.

The fee said in a report visible by means of dinaropinions.com, “The value of trading inside the Iraq stock trade rose to 158.five billion dinars for the third area of 2024, in comparison to the same length in 2023, which amounted to 94.three billion dinars.”

She brought that “the banking sector ranked first in phrases of trading cost, with nearly 88.eight billion dinars, observed with the aid of the industrial sector in 2d area with a trading price of 23.eight, followed by means of the communications quarter in 1/3 area with a trading value of eight.6 billion dinars.”

The commission indicated that “investment sales to non-Iraqis within the Iraq inventory exchange for the third region of 2024 amounted to 18 million and 39 thousand dinars, while their sales amounted to forty two million and 479 thousand dinars.”