ISX trade over 837m shares on Tuesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) on Tuesday traded over 837 million shares at 1.672 billion Iraqi dinars (ID), roughly $1.6 million U.S. dollars. Transactions were made over the shares of 28 out of 55 electronically-registered joint-stock companies. Today’s session saw 1 5 companies’ shares rising, eight going down and five remaining unchanged. The banking sector came in the lead with 87 percent of the traded shares. The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks were the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were 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 (P)/SR 1