Palestine Hotel to join electronic trading

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) on Sunday said that the Palestine Hotel will join its electronic trading sessions as of this Tuesday, brining up the number of electronically registered companies to 51 out of a total 91. The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks were the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were the Ashtar Hotel and Al-Mansour Hotel. On June 7, the Iraqi Middle East Investment Bank and the Warka Bank joined the electronic trading sessions. The ISX now holds three electronic sessions on a weekly basis: on Sundays, Tuesdays and Thursdays. SS (P) 1