24 August 2008
BAGHDAD - The Iraqi Stock Exchange (ISX) index went down by 0.033%, closing at 38.771 points, while private transactions grasped 55% of the volume of trading, with 12% by non-Iraqis, during Sunday's session.
The session saw stocks of 25 companies traded. Rates of shares of four of them increased, those of five others' declined while 16 companies maintained the previous rates of their shares.
More than 1.484 billion shares with a total value of 2.450 billion Iraqi dinars ($ 2.04 million) were traded in 246 trading transactions today.
The banking sector took the lion's share in today's session trading with a volume of 96.6% and a number of traded shares of 98.6%.
Shares of 15 banking companies were traded, rates of two companies' shares went up; the Investment Bank (4.1%), the highest today, and the Commercial Bank (3.3%).
Rates of shares of three companies went down; the Assyrian International Bank (4.5%), the lowest today, the North Bank (3.3%) and the Middle East Bank (2.1%).
Ten banking companies, however, maintained the previous rates of their stocks.
The banking index closed at 38.873 points.
Coming second regarding the number of traded shares during today's session was the industry sector with 0.3%. Shares of six industrial companies were traded. Share rates of al-Kindi Company for Veterinary Pollen rose by 2%, those of the Carpets & Blankets Company decreased by 1.4% while four companies retained their previous rates.
The industry index closed at 11.927 points.
The hotel sector ranked third with a volume of trading of 2.2%. Shares of three hotel companies were traded. Rates of Babel Hotel company shares rose by 0.4%, those of Ishtar Hotels company down by 1.4% while Baghdad Hotel Company retained its previous rates.
The hotel index closed at 12.459 points.
There were no trading sessions over the insurance, investment and agricultural sectors.
Also, today's session saw three private transactions: the first over the Kurdistan Bank with 500 million shares for 975 million Iraqi dinars at 1.950 Iraqi dinars (1 Iraqi dinar and 950 fils) per share.
The second was over the Assyrian International Bank with 220 million shares for over 231 million Iraqi dinars at 1.050 Iraqi dinars per share while the third was over the al-Warkaa Bank with 110 million shares for more than 159 million Iraqi dinars at 1.450 Iraqi dinars per share.
Total shares of private transactions hit 830 million with a value of more than 1.365 billion Iraqi dinars ($ 1.1 million).
Forty-nine transactions went for non-Iraqis over shares of banking, services and industry sectors companies with a total number of 188 million shares at a value of more than 313 million Iraqi dinars ($260,000).
Those companies were the Commercial Bank, the Baghdad Bank, the Islamic Bank, the North Bank, the Kurdistan Bank and the Assyrian Bank in addition to the al-Maamoura Real Estate Firm and al-Hilal Industrial Corporation.
BAGHDAD - The Iraqi Stock Exchange (ISX) index went down by 0.033%, closing at 38.771 points, while private transactions grasped 55% of the volume of trading, with 12% by non-Iraqis, during Sunday's session.
The session saw stocks of 25 companies traded. Rates of shares of four of them increased, those of five others' declined while 16 companies maintained the previous rates of their shares.
More than 1.484 billion shares with a total value of 2.450 billion Iraqi dinars ($ 2.04 million) were traded in 246 trading transactions today.
The banking sector took the lion's share in today's session trading with a volume of 96.6% and a number of traded shares of 98.6%.
Shares of 15 banking companies were traded, rates of two companies' shares went up; the Investment Bank (4.1%), the highest today, and the Commercial Bank (3.3%).
Rates of shares of three companies went down; the Assyrian International Bank (4.5%), the lowest today, the North Bank (3.3%) and the Middle East Bank (2.1%).
Ten banking companies, however, maintained the previous rates of their stocks.
The banking index closed at 38.873 points.
Coming second regarding the number of traded shares during today's session was the industry sector with 0.3%. Shares of six industrial companies were traded. Share rates of al-Kindi Company for Veterinary Pollen rose by 2%, those of the Carpets & Blankets Company decreased by 1.4% while four companies retained their previous rates.
The industry index closed at 11.927 points.
The hotel sector ranked third with a volume of trading of 2.2%. Shares of three hotel companies were traded. Rates of Babel Hotel company shares rose by 0.4%, those of Ishtar Hotels company down by 1.4% while Baghdad Hotel Company retained its previous rates.
The hotel index closed at 12.459 points.
There were no trading sessions over the insurance, investment and agricultural sectors.
Also, today's session saw three private transactions: the first over the Kurdistan Bank with 500 million shares for 975 million Iraqi dinars at 1.950 Iraqi dinars (1 Iraqi dinar and 950 fils) per share.
The second was over the Assyrian International Bank with 220 million shares for over 231 million Iraqi dinars at 1.050 Iraqi dinars per share while the third was over the al-Warkaa Bank with 110 million shares for more than 159 million Iraqi dinars at 1.450 Iraqi dinars per share.
Total shares of private transactions hit 830 million with a value of more than 1.365 billion Iraqi dinars ($ 1.1 million).
Forty-nine transactions went for non-Iraqis over shares of banking, services and industry sectors companies with a total number of 188 million shares at a value of more than 313 million Iraqi dinars ($260,000).
Those companies were the Commercial Bank, the Baghdad Bank, the Islamic Bank, the North Bank, the Kurdistan Bank and the Assyrian Bank in addition to the al-Maamoura Real Estate Firm and al-Hilal Industrial Corporation.
© Aswat Aliraq 2008
