ISX trades over 3.6b shares

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) on Thursday traded over 3.6 billion shares worth 5.6 billion Iraqi dinars ($4.7 million) through 362 transactions. The shares of 28 out of a total 61 electronically-registered companies were traded during Thursday’s session, with shares of 16 going up, seven down while five retained their previous rates. The banking sector topped today’s trading activities with 96% of the shares through 214 transactions, followed by the hotels sector with 45 transactions over five hotel companies. 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: Sundays, Tuesdays and Thursdays. AmR (P) 1