03 Sep 2010 Aswat Aliraq
 

ISX trading hits 4.4 billion dinars this week

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BAGHDAD: The Iraqi Stock Exchange (ISX) trading this week saw a decrease by 0.4% compared to last week to close at 91.3 points.

"A total 2.8 billion shares worth 4.407 billion Iraqi dinars exchanged hands through 981 deals, with non-Iraqi investors grabbing 64 purchase deals worth more than 216 million dinars, mostly over the Iraqi Commercial Bank," according to an ISX news bulletin received by Aswat al-Iraq news agency.

The ISX index closed at 91.3 points this week, down by 0.4% from last week's 91.7 points.

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.

© Aswat Aliraq 2010

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