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ISX index up by 1.2% to close at 99 points

March 9, 2010 - 04:34:37


BAGHDAD / Aswat al-Iraq: BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index went up on Tuesday by 1.2% to close at 99 points as rates of shares of 13 out of a total of 37 companies traded during today’s session went up.

Rates of ten companies’ shares went down, while 14 retained their previous prices.

The number of traded shares hit 7.285 billion worth over 8.597 billion Iraqi dinars (roughly $7 million U.S. dollars) through 242 deals, including nine went to non-Iraqi investors with a number of shares of 5.9 million worth more than 10.3 million dinars over the banking and industry sectors.

The industry sector came in the lead with 95% of the whole trading today through 80 deals over 7 industrial firms.

The ISX witnessed its first e-trading session on April 19, 2009 over five registered companies, three banks and two hotels. The banks were: Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: Ashtar Hotel and Al-Mansour Hotel.

On June 7, the Iraqi Middle East Investment Bank and the Warka Bank joined the electronic trading sessions.

The ISX now holds five sessions from Sunday to Thursday.

http://en.aswataliraq.info/?p=128283