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Thread: ISX registers slight increase, closes at 93.4 points

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    ISX registers slight increase, closes at 93.4 points

    March 1, 2010 - 04:18:10

    BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index registered on Monday a slight increase to close at 93.4 points as rates of shares of 23 out of a total of 35 companies traded during today’s session went up.

    Rates of 3 companies’ shares went down, while 9 retained their previous prices.

    The number of traded shares hit 416.816 million worth 649.449 million Iraqi dinars (roughly $555,000) through 249 deals, including three went to non-Iraqi investors with a number of shares of 3 million worth 3.5 million dinars over the banking and industry sectors.

    The banking sector came in the lead with 64% of the whole trading today through 113 deals over 13 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=127827

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