ISX trades over 2.3 billion shares this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) this week traded over 2.3 billion shares worth 4.6 billion Iraqi dinars (ID) or $3.9 million through 1045 transactions. The ISX trading last week had hit ID4.3 billion over more than 2 billion shares through 862 transactions. Sixty-Four out of the 1045 transactions this week went to non-Iraqi investors who traded over 42.3 million shares worth ID149 million. The banking sector took the lead this week’s trading, followed by the hotel, industrial and service sectors. 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 now holds three electronic sessions on a weekly basis: on Sundays, Tuesdays and Thursdays. SH (S) 1