ISX index down by 0.4% this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index retreated to 90 points, while trading activist came up to 4.3 billion Iraqi dinars (roughly $3.7 million) in five sessions held this week. “Some 3.2 billion shares worth 4.3 billion Iraqi dinars exchanged hands through 1851 deals,” according to an ISX news bulletin received by IraqiNews.com news agency. Non-Iraqi investors concluded 208 purchase deals worth more than 671 million Iraqi dinars, mostly over the banking as well as the industrial sectors and 11 sale deals worth 42 million dinars, mostly over the industrial and banking sectors. 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 (P) 1