July 7, 2010 - 01:17:52

BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index went up by 0.7% to close at 94.2 points as rates of shares of 13 out of a total 22 traded firms went up on Wednesday.
The national capital market index went down by 0.2% to close at 93.5 points during the previous session.
“Today’s session saw more than 97.830 million shares exchanging hands at more than 288 million Iraqi dinars (roughly $246,000) through 137 deals, of which non-Iraqi investors grabbed 2 deals worth 260 million dinars over the industrial sector,” according to an ISX news bulletin received by Aswat al-Iraq news agency.
Rates of shares of 13 companies went up, 3 down while six retained their previous rates.
The hotel sector took the lead with 49% of the overall trading activities through 31 deals worth more than 110 million dinars over five firms, followed by the industrial sector with 38% through 81 deals worth 234 million dinars over seven firms and the banking sector with 8% through 14 deals worth 24 million dinars over five 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, 2009, 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=134192