ISX index goes up by 0.1% on Wednesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) went up on Wednesday by 0.1% to close at 94 points, while trading activities hit 11.8 billion Iraqi dinars. Today’s session saw trading over shares of 30 out of 84 electronically-registered firms, 11 of them went down, 9 up while 10 others retained their previous rates, with the ISX index registering a slight increase of 0.1% to close at 94 points. Traded shares hit 9.479 billion worth 11.823 billion dinars through 215 deals, with non-Iraqi investors grabbing 5 purchase deals worth 9.262 million dinars over the banking sector. The banking sector took the lead with 99% of the overall trading through 139 deals worth 11.715 billion dinars over 9 firms, followed by the industrial sector with 27 deals worth 42 million dinars over eight firms and the hotel sector with 23 deals worth 37 million dinars over six 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 (P) 1

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