ISX opens with 200,000-share contract

BAGHDAD, Sept. 21 (Iraqi News) The Iraqi Stock Exchange (ISX) opened its session on Sunday, the first this week, with one contract worth 200,000 shares. The contract was concluded by an Iraqi company, which bought the shares from the Islamic Bank at a value of 0.85 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) 1