Stock Exchange ends week-at an altitude of 0.4%
26/08/2010 - 16:45
BAGHDAD / Aswat al-Iraq: Iraqi Stock Exchange ended the week-, Thursday, at a height in the overall index by 0.4% to close at 91.7 points, the impact of rising prices, rates of seven out of 22 companies were traded during the meeting.
The stock market rose during the previous meeting by 0.04% to close at 91.3 points.
During today's meeting, according to the bulletin data exchange, which has received Agency (Voices of Iraq) a copy, circulation of more than 582 million and 700 thousand shares, valued at more than one billion and 117 million dinars (about 955 000 dollars), through 319 contract traded.
The number of publicly traded companies 22 companies out of 84 are listed online, the higher rates of seven companies, including decreased rates of the other nine, with six companies to keep rates at a previous meeting, to record the general index rose by 0.4% to close at 91.7 points.
Won a non-Iraqi investors to buy ten contracts worth 1.5 million dinars on banking and industry, while not making any contract for the sale of non-Iraqis during the meeting.
Companies were the most for the record a profit in today's session of a company of Iraqi land transport, which increased its share price by 4.7% to close at 12 dinars and 200 fils per share, sewing modern 4% to close at 780 fils per share, and invasive North by 3.6% to close at 570 fils share, and the Bank of Assyria by 3.3% to close at 940 fils per share, and the Bank of Mansour by 2.3% to close at KD 330 fils per share.
The companies most affected were all from a company Bank of the economy, which is reviewing the rate of its share price by 9.4% to close at JD and 340 fils per share, and tourism investments by 4.4% to close at 20 dinars per share, closing Mosul tourism by 4.2% to close at 33 dinars and 500 fils per share, and engineering increased by 1.14% to close at two dinars and 610 fils per share, and the Babylon Hotel by 0.77% to close at 38 dinars and 700 fils per share.
Marked by the banking sector during today's meeting by obtaining the highest volume of trading by 59% through 78 contracts worth more than 665.8 million dinars on eight banking companies, increased rates of prices, three of which the decrease in price one company, Fimahafezt four companies on the rates during the previous meeting.
He says one of the investors told (Voices of Iraq) that today's meeting had seen "an increase of turnover, which exceeded one billion dinars, with three companies, the first Bank of the economy, which has been trading in which more than 366 million dinars, the first meeting after the end of measures to further the company's capital from 70 billion dinars to 76 billion dinars. "
He said the investor that "the bank's share price fell more than 9%, which is a natural opening in the sessions after the IPO, but the number of contracts which did not exceed six make it more likely that there will be a new investor to enter the bank's shares."
The company is the second most heavily traded issue by saying the investor that it was "Iraqi land transport, which handled more than 217 million shares, as well as higher rate of price by 4.7%, which began earlier this week", while a third company, "Hotel Palestine, which handled more than 191 million dinars ".
The services sector came in second in terms of turnover by 19% through 175 contracts valued at more than 220 million dinars to two companies, the lower the rate the company and one of them, and the average price of another company.
What happened to the hotel sector is ranked third by 18% through 35 contracts worth 211 million dinars to five hotel companies declined four of them and prices rose one company.
Trading was simple on the sectors of industry, investment, insurance and agriculture.
Iraqi Stock Exchange and the complexity of five weekly sessions from Sunday to Thursday, and the number of joint stock companies registered in which 91 companies of which 84 are listed electronically