ISX registers slight decrease on Tuesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) registered a slight decrease in Tuesday’s trading session as 1.336 billion shares exchanged hands at a value of 2.120 billion Iraqi dinars (roughly $1.8 million) over 32 joint-stock firms, closing at 107.85 points. Rates of 22 companies went down and seven up while three companies kept its previous rates with a slight 0.95% decrease in a session that saw trading taking place over 442 transactions, 41 of which went to non-Iraqi investors with 19.2 million shares at a value of 53.2 million Iraqi dinars. The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks were: Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: 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 five sessions from Sunday to Thursday. SH (P) /SR 1