ISX index closes at 95 points

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Thursday went up by 0.6% to close at 95 points as shares of 22 firms out of total 38 increased. Traded shares today hit more than 730.166 million worth $1.166 billion through 408 deals. Shares of 38 companies were traded in today’s session, of which 22 shares jumped, 5 slumped, and 11 others maintained their previous levels. The industrial sector grabbed the lion’s share of today’s trading with 38% through 170 deals worth 443 million dinars over 13 firms, followed by the banking sector with 32% through 125 deals worth 380 million dinars over 10 firms, the hotel sector came third with 23% of the overall trading through 71 deals worth 272 million dinars over 8 firms and the service sector with 65 million dinars through 30 deals over three 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, 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)/SR 1