Elaf Islamic Bank Shares Experience Significant Decline on Iraq Stock Exchange

Strategic Insights -

Elaf Islamic Bank shares saw a notable decline on the Iraq Stock Exchange (ISX) on October 19, 2025, with the bank's stock maintaining a price of 0.31 throughout the trading session. This resulted in a closing price that mirrored the opening at 0.31, down from the previous closing price of 0.33. The significant decrease in the stock price, coupled with minimal trading activity, highlights a period of reduced investor interest in Elaf Islamic Bank shares during this session.

Key Takeaways:

  • Elaf Islamic Bank shares listed under the code BELF saw a significant decline on the Iraq Stock Exchange (ISX) on October 19, 2025, with an average price of 0.31, a decline from the previous average price of 0.33.
  • The closing price of 0.31 mirrored the opening price of 0.31, indicating a lack of movement throughout the trading session.
  • The significant decrease in the stock price resulted in a change percentage of -6.06%, classified as a very large or significant move.
  • Only 2 trades were executed on the bank's shares, with a traded volume of 161,390 shares and a traded value of 50,030.90.
  • The low trading activity and significant decline in stock price highlight a period of reduced investor interest in Elaf Islamic Bank shares during this session.
  • Elaf Islamic Bank is categorized within the Banks Sector of the designated market category on the Iraq Stock Exchange (ISX).
  • This session's trading activity was minimal, indicating a lack of investor interest in the bank's shares.

Statistics:

  • Average price of Elaf Islamic Bank shares: 0.31
  • Closing price of Elaf Islamic Bank shares: 0.31
  • Change in stock price: -6.06%
  • Number of trades executed: 2
  • Traded volume: 161,390 shares
  • Traded value: 50,030.90

Sources:

  • Iraq Stock Exchange (ISX) - 19 Oct 2025
  • Baghdad - Iraq Stock Exchange