ISX settles at 173 points on Tuesday

ISX-Baghdad BAGHDAD / IraqiNews.com: Iraq’s Stock Exchange (ISX) index has regained 18.5 points to settle at 173.873 points during Tuesday’s session, the eleventh this month, following a 78-point drop last week. Traded shares in Tuesday’s session exceeded 1.435 billion at a total value of over 2.346 billion Iraqi dinars ($2 million U.S. dollars) by implementing 412 contracts. Shares of 48 companies were traded in today’s session, of which 15 shares jumped, 9 slumped, and 24 maintained their previous levels. The banking sector achieved the highest trading volume with 78.4 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. SH (P)/SR 1