ISX trading hits ID29b, index up 0.8 points this week

BAGDHAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index rose slightly this week by 0.8 points to close at 94.9 points as trading took place over 16.501 billion shares worth 29.639 billion Iraqi dinars ($25.3 million). This week saw more than 1014 deals with non-Iraqi investors grabbing 31 purchase deals worth 1.29 billion dinars and 25 sale deals at more than 23 million shares worth 45 million dinars. 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. AmR (P) 1