Iraqi stock exchange
Hi chimps, I know the first thing that comes to mind when 'Iraq' is mentioned, but let’s step back and look at the bigger picture. International stocks are mandatory for every investor, no matter what. Developing countries are the ones that deliver the highest returns, of course, offset by higher risks. But guys, 12% dividend yield!!! That’s a lot! This is one of the best companies — Bank of Baghdad, ticker BBOB. I’m not even mentioning Asiacell, which delivered a 15% dividend yield last year, or Baghdad Soft Drinks, ticker IBSD, which distributes and exports Pepsi, Fanta, Mountain Dew, etc. to the U.S. and neighboring countries. This firm had a dividend yield of nearly 10% last year. With all these prosperous opportunities, risks arise from geopolitical issues and, of course, from Iraq. So, what do you think, chimps?
hint: stock prices on ISX( Iraq stock exchange) vary from 1 cent to 5 cent the most expensive stock worth 75 cents, so don't be surprised if you search and find this out
Did you mean to post this on wall street bets?
Actually, I know a few international investors who’ve invested in the ISX. It’s definitely high risk, but considering Iraq’s natural resources, relatively stable post-pandemic situation, and a gradually improving economy, it presents some pretty attractive opportunities. It could be quite lucrative if you think about it. You’ve heard of the Euphrates iraq fund, right?
This is a career website lol
this is some garbage AI shit
One thing I learned about Iraqis, if they’re not Kurds, don’t trust them.
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