ISX index trading exceeds ID5b, loses 1.9 points this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index taraded over 2.600 billion shares worth 5.138 billion Iraqi dinars (roughly $4.4 billion), losing 1.9 points to close at 91.5 points. This week’s trading took place through 1291 deals. Non-Iraqi investors obtained 46 purchase deals worth 83.667 million dinars and 12 sale deals worth 11 million dinars. The ISX had registered a growth by 1.8 points to close at 93.43 points last week. 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. AmR (P) 3