ISX opens with 2-million-share contract

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) opened its session on Sunday, the first this week, with one contract worth 2 million shares. The contract was concluded by an Iraqi company, which bought the shares from Warka Bank at a value of 1.3 Iraqi dinars per share (1 U.S. dollar = 1,118 Iraqi dinars). 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