150M-share transaction made in ISX

BAGHDAD / IraqiNews.com: A private transaction was made over the Baghdad Bank with 150.589 million shares at a value of 2.2 Iraqi dinars per share during the Iraqi Stock Exchange’s (ISX) session today. The stock market opened its session this morning, the last this week, with one contract worth one million shares. The contract was concluded by an Iraqi company, which bought the shares from the Middle East Bank at a value of 2.1 Iraqi dinars (1 U.S. dollar = 1,118 Iraqi dinars) per share. The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday.   SS (P)/SR 1