ISX index slightly down on Tuesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went down slightly by 0.08% to close at 94.7 points as trading took place on Tuesday over shares of 32 out of a total of 83 electronically-registered firms. Shares of four companies went up, 12 down while 16 others retained their previous rates. The number of shares traded hit 8.490 billion shares worth more than16.199 million Iraqi dinars through 233 deals. The banking sector took the lead during the session with 99% of the trading activities through 116 deals worth ID16.62 billion over 12 firms, followed by the service sector through 52 deals over five firms and the industry sector through 42 deals 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 (P) 1

Leave a Reply