ISX index goes up by 0.09%
BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange index was higher by 0.09% to close at 122.3 points as rates of shares of 17 out of a total 49 companies were up during Wednesday’s session of trading worth 2.316 billion Iraqi dinars (roughly $2 million), according to an ISX news bulletin. About 1.375 million shares exchanged hands through 735 trading deals in the session that saw rates of shares of 17 companies up, 16 down and 16 keeping their previous levels, according to the bulletin received by IraqiNews.com news agency. Foreign investors concluded 104 purchase deals worth 563 million dinars over the banking, agriculture and industrial sectors and 49 sale deals worth 190 million dinars over the banking, service, hotel and industrial sectors. Banking took the lead by obtaining the highest volume of trading, 68%, through 396 deals worth 1.593 million dinars over 17 firms, followed by the industrial sector with 15% through 156 deals worth 156 million dinars over 12 firms and the agriculture sector with 13% through 50 deals worth 180 million dinars over 3 companies. Trading was frail over the sectors of hotels, insurance, investment and service.