18 April 2011

BAGHDAD:  The Iraqi Stock Exchange (ISX) index on Monday went down by 0.07 percent to close at 129.3 points as shares of 10 firms out of total 42 increased.

Traded shares today hit 5.375 billion shares worth 10.613 billion dinars ($9 million) through 415 deals.

Shares of 42 companies were traded in today's session, of which 12 shares jumped, 10 slumped, and 20 others maintained their previous levels.

The banking sector grabbed the lion's share of today's trading with 93% through 187 deals worth 9.877 billion dinars over 13 firms, followed by the service sector with 4% through 96 deals worth 401 million dinars over 5 firms, the industrial sector came third with 3% of the overall trading through 103 deals worth 286 million dinars over 13 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 Aliraq 2011