ISX index slightly down, trades shares for $513m

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went down slightly by 0.260% to close at 250,468 points as 294 million shares exchanged hands at a value of 513 million Iraqi dinars ($438,000) in 145 transactions on Thursday. The ISX had closed at 251,121 points in the previous session. Thursday’s session, the fourth e-trading one this month, saw shares of 24 joint-stock companies traded, six of which increased, seven plummeted and 11 stayed their courses. The banking sector took the lead with 40.1% of the traded shares, followed by the industrial sector with 28.2% The ISX had witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The ISX holds three sessions on a weekly basis: one electronic session over five joint-stock companies on Sundays and two manual trading sessions over 86 registered companies out of a total 91 on Tuesdays and Thursdays. AmR (S) 1