From FMG funds
The Iraq Stock Exchange is one of the world's best performing markets so far in 2017, which is a very bullish sign for investors. A +13% gain has been clocked despite the index´s largest component being suspended due to a merger between Baghdad Soft Drinks and Aquafina. Baghdad Soft Drinks, a core holding in the fund, continues to thrive and we expect that the news of the merger will have a positive impact on the stock in the weeks to come.
Iraq Stock Exchange - ISX
ISX Index 2016-10-18 to 2017-01-18 Source: www.isx-iq.net/
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The Iraq Stock Exchange is one of the world's best performing markets so far in 2017, which is a very bullish sign for investors. A +13% gain has been clocked despite the index´s largest component being suspended due to a merger between Baghdad Soft Drinks and Aquafina. Baghdad Soft Drinks, a core holding in the fund, continues to thrive and we expect that the news of the merger will have a positive impact on the stock in the weeks to come.
Iraq Stock Exchange - ISX
Want to know more about investing in Iraq?
Click below to read the latest.

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