ISX closes at 94.7 points on Monday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went up slightly by 0.13% to close at 94.7 points as trading took place on Monday over 37 firms’ 2.526 billion shares worth 3.496 billion Iraqi dinars ($2,9 million) through 231 deals. Non-Iraqi investors obtained four purchase deal at 1.899 billion dinars over the banking sector and 2 sale deals worth million dinars over the hotel sectors. Shares of 13 companies went up, 9 down while 15 retained their previous rates in today’s session. The industrial sector came in the lead with 50% of the overall trading activities through 38 deals worth 1.735 billion dinars over 9 firms, followed by the banking sector with 46% through 103 deals worth 1.6 billion dinars over 14 firms, the service sector came in the third rank with 2% of the trading through 56 deals over four firms worth 70.6 million dinars. 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