ISX rises 0.54% on banks stocks

Trading volume decreased to 615.66 million shares

Baghdad ( The main index of the Iraq Stock Exchange (ISX) rose at Sunday’s close by 0.54% or 3.12 points to the level of 580.64 points.

Trading volume decreased to 615.66 million shares from 1.39 billion shares exchanged last Thursday, turnover also shrank to IQD 367.44 million from IQD 831.69 million.

The index was backed by a rise of 1.44% in the banks sector as Iraq Middle East Investment Bank and North Bank for Finance and Investment rose by 5.13% and 4.55%, respectively.

National Metallic Industries and Bicycles topped gainers after adding 5.6%, while Ishtar Hotels was the top loser after falling 2.04%.

Al Ameen for Insurance fell 1.85%, Baghdad Soft Drinks declined 1.62%, and Karkh Tour Amusement City retreated 1.24%

Investment Bank of Iraq, up 4.08%, led the trading activity as 115.26 million shares were exchanged at IQD 231.73 million.

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