The Iraq Stock Exchange is closed on Sunday, coinciding with the tenth of Muharram.
The Iraq Stock Exchange announced on Wednesday that it would suspend its activities for one day next Sunday, coinciding with the tenth day of Muharram.
The market stated in a statement received by Shafaq News Agency, "Based on the Cabinet's decision to declare an official holiday for one day on the occasion of the tenth of Muharram, market activities and trading sessions will be suspended for one day."
He added, "The holiday will start on Sunday, July 6, and trading sessions will resume on Monday."
It's worth noting that the Iraq Stock Exchange holds five trading sessions per week, from Sunday to Thursday, and lists 103 Iraqi joint-stock companies representing the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotels, and services sectors.
Sunday, July 6, 2025, is an official holiday for all ministries and government institutions, coinciding with the tenth day of Muharram, the anniversary of the killing of Imam Hussein ibn Ali, the grandson of the Prophet Muhammad and his daughter Fatima al-Zahra, according to the Iraqi official holiday calendar.
The Cabinet Affairs and Committees Department at the General Secretariat of the Cabinet clarified in a statement yesterday, Tuesday, that the holiday came based on the provisions of Article (1/First/C) of the Official Holidays Law (12 of 2024).
Shia Muslims commemorate the martyrdom of Imam Hussein, his family, and his companions in the Battle of Karbala at the hands of the army of the Umayyad Caliph Yazid ibn Muawiyah in the year 61 AH (680 AD). The commemoration continues until the Arbaeen pilgrimage, forty days after the Day of Ashura. link
