The Iraqi Stock Exchange (ISX) on Sunday said that three firms have joined its electronic trading sessions, brining up the number of electronically registered companies to 17 out of a total 91.
Today, the ISX held its eleventh electronic trading session, where more than 195 million shares were traded at a value of 332 million Iraqi dinars (ID) ($283,000 U.S. dollars).
A total of 172 transactions were made during the session, in which trading took place over the shares of five joint-stock firms out of a total 17 registered at the ISX.
The firms are the Warka Bank for Investment & Finance, the Iraqi Middle East Bank, the Commercial Bank of Iraq (CBIQ), Mansour Hotel, and the Ashtar Hotel.
The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks are the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels are the 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 holds three sessions on a weekly basis: one electronic session over seven joint-stock companies on Sundays and two manual trading sessions over 86 registered companies out of a total 91 on Tuesdays and Thursdays.
© Aswat Aliraq 2009
