baghdadstock

The Iraq Stock Exchange, is located in Baghdad and began operations in June 2004 under the control of the Iraq Securities Commission. This commission is independent and built after the U.S. Securities and Exchange Commission.

In the years before the invasion of Iraq, it was called the Baghdad Stock Exchange and was under direct control of the Iraqi Ministry of Finance. Now it is a organization owned by the member brokerages.

The Iraq Stock Exchange has grown from around 15 companies in 2004 to more than 100 listed today. Commission in 2005 was approximately $5 million per trading session. Major stocks are the Bank of Baghdad, Baghdad Soft Drinks Co and Hader Marble.

Aswat al-Iraq news agency reports every trading session via internet in Arabic and English.