Shafaq News- Baghdad
The Iraq Stock Exchange (ISX) announced on Wednesdaythat trading will be suspended on June 25 in observance of Ashura, the tenthday of Muharram.
In a statement, the exchange explained that thedecision follows a directive issued by the General Secretariat of the Councilof Ministers declaring a public holiday for Ashura, which commemorates themartyrdom of Imam Hussein bin Ali, the grandson of Prophet Muhammad, in theBattle of Karbala in 61 AH (680 CE).
Trading will resume on Sunday, June 28.
ISX holds five trading sessions per week, from Sundayto Thursday, and includes 104 listed Iraqi joint-stock companies representingthe banking, telecommunications, industry, agriculture, insurance, financialinvestment, tourism, hotel, and service sectors.
: Muharram in Iraq: New year becomes a season of mourning
