ISX to pause trading for Eid Al-Ghadir holiday
Shafaq News- Baghdad
Trading on Iraq Stock Exchange (ISX) will be suspended next Thursday as the country observes Eid al-Ghadir* holiday, with market activity set to resume on June 7 after the break.
An official notice indicated that the exchange's decision follows a directive from the General Secretariat of the Council of Ministers, which designated June 4 as an official day off for the religious occasion.
The market operates five days a week, from Sunday through Thursday, and includes 104 listed Iraqi joint-stock companies across sectors such as banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotels, and services.
*According to Shiite tradition, Eid al-Ghadir marks the occasion when the Prophet Muhammad appointed Imam Ali Bin Abi Taleb, regarded in Shiite Islam as the first Imam, as his successor at Ghadir Khumm.