ISX down by 0.4% on Tuesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went down on Tuesday by 0.4 percent to close at 96.8 points during a session that saw the shares of 39 out of 81 electronically-registered companies exchanging hands. During the trading session, rates of 14 companies went up, 15 down while 10 retained their previous rates. The session witnessed the trading of 1.758 billion shares worth 3.353 billion Iraqi dinars through 326 transactions, 65 of them went to non-Iraqi investors with a number of more than 126 million shares worth more than 180.7 million Iraqi dinars, mostly over the banking sector. The banking sector came in the lead today, followed by the hotels sector with 5% of the trading over eight firms. The ISX witnessed its 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 (S)/SR 1