ISX down by 0.5% this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index registered a decrease of 0.5 percent this week closing at 90.5 points. During this week’s five sessions, trading reached 2.9 billion Iraqi dinars through 1,478 deals, with non-Iraqi investors grabbing 149 purchase deals worth 287 million dinars and six sale deals worth 8.7 million dinars. Last week, the ISX index registered a decline closing at 90 points, which has been the lowest level this year. 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. MH (P)/SH 1