ISX index up by 0.1% on Tuesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index registered a slight increase by 0.1% to close at 92.5 points as traded shares of 21 out of a total 43 companies went up. Tuesday’s trading session saw shares of 21 companies going up, 10 down while 12 retained their previous rates with more than 529.697 million stocks exchanged hands at a value of 691.926 million Iraqi dinars ($676,000) through 248 deals, including 28 for non-Iraqi investors at 32.4 million dinars mainly over the banking sector. The banking sector took the lead through 135 deals worth more than 626 million dinars over 16 banks, followed by the industrial sector with 9% through 90 deals worth 71.6 million over 12 firms and the service sector through 29 deals worth 55 million dinars over four 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, 2009 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) 1