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Thread: ISX index keeps rising, closes at 93 points 2/23/2010

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    ISX index keeps rising, closes at 93 points 2/23/2010

    ISX index keeps rising, closes at 93 points
    February 23, 2010 - 02:08:32

    BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index registered an increase for the third consecutive session by 0.3% to close at 93 points as rates of shares of 16 out of a total of 41 companies traded during Tuesday’s session went up.

    Rates of 14 companies’ shares went down, 16 up and 11 retaining their previous prices.

    The number of traded shares hit 404 million worth 643 million Iraqi dinars (roughly $459,000) through 228 deals, including 15 went to non-Iraqi investors with a number of shares of 8.4 million worth 9.8 million dinars over the banking, services and industry sectors.

    The banking sector came in the lead with 74% of the whole trading today (Feb. 23) through 102 deals over 14 banking 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.

    http://en.aswataliraq.info/?p=127526

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    Re: ISX index keeps rising, closes at 93 points 2/23/2010

    Thanks for the post.

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