ISX gains 8.3 points in Jan.

BAGHDAD / IraqiNews.com: Iraq’s Stock Exchange (ISX) gained 8.3 points in January 2009, with over 10.7 billion shares worth $12.4 million U.S. dollars. The stock market’s index settled at 85.360 points in January’s last session, compared to 66.677 in the previous month. January’s traded shares were relatively high compared to December 2008, where only 7 billion shares were trade at a value of over 12.706 billion Iraqi dinars (1 U.S. dollar = 1,118 Iraqi dinars). Private transactions scored 42 percent of the total trading value during the last month. 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