ISX opens with huge contracts on Tues.

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) opened its session on Tuesday, the second this week, with two contracts worth over 10 million shares. The first contract was concluded by an Iraqi company, which bought 3.8 million shares from the Baghdad Bank at a value of 2.4 Iraqi dinars (1 U.S. dollar = 1,118 Iraqi dinars) per share; while the second contract was concluded by a foreign company, which bought 6.37 million shares from al-Ahli Bank at a value of 0.95 Iraqi dinars per share. The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday. SS (P) 1