ISX trading worth $1.3m Thursday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) on Thursday traded over 952.7 million shares worth more than 1.6 billion Iraqi dinars ($1.3 million), 27% of which went to non-Iraqi investors. Today’s session saw shares of 33 out of a total 72 electronically registered firms exchanging hands, 18 of them went up, 10 down and five retained their previous rates, with the all shares index increasing by 0.560% to close at 109.08%. The shares were traded through 401 transactions, 81 of them went to non-Iraqi investors – 209.6 million shares, worth 443.8 million Iraqi dinars. The banking sector came in the lead with 89% of the shares through 235 transactions over 15 banking firms, followed by the industrial, service and tourist sectors. The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday. AmR (P) 1