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ISX falls 0.86% at close

The Iraq Stock Exchange


Baghdad (IraqiNews.com): The main index of the Iraq Stock Exchange (ISX) fell at Wednesday’s close by 0.86% or 4.97 points to the level of 572.04 points.

Trading volume decreased to 370.91 million shares from 545.61 million shares exchanged on Monday, turnover also shrank to IQD 215.38 million from IQD 260.49 million.

The banks sector levelled up 1.44%, backed by a rise of 3.85% in Elaf Islamic Bank, while Investment Bank of Iraq declined 4.08% and Al Mansour Bank for Investment retreated 3.9%.

National Metallic Industries and Bicycles was the worst performing stock after falling 4.1%, whereas Electronic Industries topped the green list after adding 4.26%.

Iraqi for Production and Marketing of Meat advanced 1.75%, Tourist Village of Mosul Dam ascended 0.79% and Iraqi for Seed Production closed 0.65% higher.

On the other hand, Iraqi Carton Manufacturers declined 3.70% and Ashur International Bank for Investment slid 2.94%.

Iraq Middle East Investment Bank (-0.39%) made the biggest trading volume activity with 76.12 million shares, while Baghdad Soft Drinks (-2.35%) made the highest turnover of IQD 61 million.

The market’s benchmark fell on Monday by 0.63% or 3.63 points to 577.01 points.


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