ISX regains 9 points after sharp drop

BAGHDAD / IraqiNews.com: Iraq’s Stock Exchange (ISX) index has regained nine points to settle at 155.341 points during Sunday’s session, the tenth this month, following a 78-point drop last week. Traded shares in Sunday’s session exceeded 1.043 billion at a total value of over 1.8 billion Iraqi dinars ($1.5 million U.S. dollars) by implementing 437 contracts. Shares of 44 companies were traded in today’s session, of which 13 shares jumped, 12 slumped, and 19 maintained their previous levels. The banking sector achieved the highest trading volume with 68.6 percent. 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