June 14, 2010 - 01:42:00

BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index went down by 0.05% on Monday to close at 92.5 points as rates of shares of 20 out of a total 38 firms traded in today’s session decreased.
Today’s session saw more than 315.875 million shares exchanging hands at more than 556.327 million Iraqi dinars (roughly $475,000) through 219 deals, with non-Iraqi investors obtaining only one purchase deal worth 18.7 million dinars over the industrial sector.
Thirty-eight out of a total 85 electronically-registered companies traded stocks today (June 14) with 10 going up, 20 down and 8 retaining their previous rates.
The banking sector took the lead with 42% of the overall trading through 69 deals worth more than 238 million dinars over 11 firms, followed by the industrial sector with 27% through 82 deals worth 154 million dinars over 10 firms, the hotel sector with 20% through 32 deals worth 113 million dinars over six firms and a poor trading over the service, agricultural and investment sectors.
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.

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