ISX Trading Hits ID8.9 Billion on Monday

The Iraqi Stock Exchange (ISX) trading activities hit 8.9 billion Iraqi dinars (roughly $7.6 million), mostly over the Iraqi Islamic Bank in its second electronic trading session after meeting its obligations to the securities authorities and the Central Bank of Iraq (CBI).

Monday’s session saw trades of 33 out of 84 the electronically-registered firms, 12 of them went down, five up while 16 showed no movement, with the ISX index registering a slight increase of 0.02% to close at 94.5 points.

Trades hit 8.991 billion valued at more than 8 billion dinars, with non-Iraqi investors grabbing 4 deals worth 1.293 million dinars in the banking, insurance and industrial sectors.

The banking sector took the lead with 94% of the overall trading through 131 deals worth 8.4 billion dinars in 12 firms, followed by the industrial sector with 64 deals worth 339 million dinars in eight firms and the service sector with 87 deals worth 135 million dinars in four firms.

( Aswat Al Iraq )

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