ShafaqNews- Baghdad
Tradingon Iraq Stock Exchange (ISX) will be suspended next Thursday as the country observes Eid al-Ghadir* holiday, with market activity set to resume on June7 after the break.
Anofficial notice indicated that the exchange's decision follows a directive fromthe General Secretariat of the Council of Ministers, which designated June 4 asan official day off for the religious occasion.
Themarket operates five days a week, from Sunday through Thursday, and includes104 listed Iraqi joint-stock companies across sectors such as banking,telecommunications, industry, agriculture, insurance, financial investment,tourism, hotels, and services.
*Accordingto Shiite tradition, Eid al-Ghadir marks the occasion when the Prophet Muhammadappointed Imam Ali Bin Abi Taleb, regarded in Shiite Islam as the first Imam,as his successor at Ghadir Khumm.