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The total trading volume of the ISX increased 256% in November compared to October to USD70.5 million. Excluding the cross transactions, monthly trading volume showed a 10% growth compared to the previous month to USD19.0 mn in November. The banking sector obtained the highest share in trading volume at 83.0% in October, followed by the agriculture sector (4.4% share), industry sector (3.9% share), insurance sector (3.7% share), and hotels & tourism sector (2.0% share).

In November, Sumer Commercial Bank announced its dividend distribution decision; accordingly, the bank will pay IQD0.010 per share, corresponding to a yield of 8.3% for investors.

About 37 companies’ share prices grew in November, 24 of which increased by more than 5.0%, while 15 increased by more than 10.0%. Baghdad for Packing Materials witnessed the largest increase in share prices by 170.8% during the month, followed by Al-Ameen Estate Investment with a 139.3% monthly increase.