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Iraq Stock Exchange index declines in May’s last week

 Iraq Stock Exchange index declines in May’s last week

Headquarters of Iraq Stock Exchange. Photo: The Tontine Coffe-House

Baghdad (IraqiNews.com) – The Iraq Stock Exchange announced on Thursday the trading indicators for the last week of May, according to the Iraqi News Agency (INA).

The Iraq Stock Exchange mentioned in a statement that it organized five trading sessions during the last week of May, from Sunday, May 28, to Thursday, June 1, INA reported.

The statement clarified that the traded shares exceeded one billion shares and the value of the traded shares exceeded two billion Iraqi dinars (nearly $1.53 million), INA reported.

The statement elaborated that the trading index for the first session of the week closed at 633.58 points, and at the end of the week it closed at 632.58 points, representing a decrease of 0.16 percent compared to the first session, according to INA.

More than 2400 sale and purchase contracts were concluded on shares of companies listed on the Iraq Stock Exchange in the same period, INA added.