ISX index closes at 93.2 points

February 25, 2010 - 02:02:44


BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index registered a slight increase to close at 93.2 points as rates of shares of 12 out of a total of 38 companies traded during Thursday’s session went up.

Rates of 15 companies’ shares went down, while 11 retained their previous prices.

The number of traded shares hit 329.615 million worth 591.726 million Iraqi dinars (roughly $506,000) through 216 deals, including seven went to non-Iraqi investors with a number of shares of 6.6 million worth 14.7 million dinars over the banking, hotels and industry sectors.

The banking sector came in the lead with 77% of the whole trading today (Feb. 25) through 131 deals over 17 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.

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