ISX index rises by 0.07%, closes at 92.8 points

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went up slightly by 0.07% to close at 92.8 points as trading took place on Monday over shares of 39 out of a total of 82 electronically-registered firms. Shares of 11 companies went up, 15 down while 13 others retained their previous rates. The number of shares traded hit 557.218 million shares worth more than 971.539 million Iraqi dinars through 261 deals. The banking sector took the lead during the session with 66% of the trading activities through 157 deals worth ID650 million over 15 firms, followed by the hotels sector with 25% through 27 deals over five firms and the industry sector with 5% through 55 deals over 12 firms. The ISX witnessed its first E-trading session on April 19, 2009 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