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ISX index closes at 128.2 points

BAGHDAD / IraqiNews.com:  The Iraqi Stock Exchange (ISX) index on Monday  went down by 0.07 percent to close at 128.2 points as shares of 12 firms out of total 40 decreased. Traded shares today hit 1.424 billion shares worth 2.050 billion dinars ($2.1 million) through 521 deals. Shares of 40 companies were traded in today’s session, of which 12 shares jumped, 12 slumped, and 16 others maintained their previous levels. The banking sector grabbed the lion’s share of today’s trading with 75% through 301 deals worth 1.883 billion dinars over 13 firms, followed by the service sector with 21% through 148 deals worth 527 million dinars over 6 firms, the industerial sector came third with 5% of the overall trading through 54 deals worth 72 million dinars over 9 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.   SH (TS) 497



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