Iraqi Securities Commission: Iraq Stock Exchange Index Tops the Arab Financial Markets in October 2024

The Arab Monetary Fund announced in its monthly report for October 2024 that Arab financial markets performed exceptionally well, with Iraq Stock Exchange leading the list of best-performing markets during the month, recording a growth of 12.39%, surpassing other markets in the region. According to the report, Damascus Securities Exchange ranked second with a growth rate of 6.99%, while the Dubai and Amman stock markets certificate improvements of 1.94% and 1.35%, respectively. The stock markets in Muscat, Bahrain, and Kuwait also recorded modest increases of less than 1%In this context, the Chairman of Securities Commission, Mr. Faisal Al-Haimus, stated This outstanding performance of Iraq Stock Exchange reflects positive developments in the local economic environment and the regulatory reforms being implemented by the Commission to enhance the attractiveness of investment in the Iraqi financial market. We will continue to work on providing a stable and transparent investment environment that boosts investor confidence and contributes to supporting the national economy. Al-Haimus emphasized that this achievement serves as an additional incentive to continue efforts aimed at developing the Iraqi financial market and enhancing its role as a driver of economic growth in Iraq Media Office 2nd December 2024.