ISX trades over 989m shares on Sun.

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) on Sunday traded over more than 989 million shares at over 2 billion Iraqi dinars (ID), roughly $1.8 million U.S. dollars. Transactions were made over the shares of 26 out of 55 electronically-registered joint-stock companies. Today’s session saw 12 companies’ shares rising, 12 going down and two remaining unchanged. The banking sector came in the lead with 78 percent of the number of traded shares and 58 percent of the trading volume through implementing 251 transactions over eight banking firms. 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. SS (S) 1