ISX Up by 0.3% on Tuesday

The Iraqi Stock Exchange (ISX) went up on Tuesday by 0.3% to close at 94.6 points, while trading activities hit 10.572 billion Iraqi dinars.

Today’s session saw trading over shares of 35 out of 84 electronically-registered firms, 16 of them went up.

Traded shares hit 10.572 billion worth 19.281 billion dinars through 215 deals, with non-Iraqi investors grabbing 10 deals worth 9.419 million dinars over the banking sector.

The banking sector took the lead with 98% of the overall trading through 77 deals worth 19 billion dinars over 10 firms, followed by the industrial sector with 86 deals worth 91 million dinars over 11 firms and the hotel sector with 22 deals worth 51 million dinars over 6 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

( Aswat Al Iraq )

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