Over 248m shares traded in ISX 9th electronic session

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) on Sunday held its ninth electronic trading session, where more than 248 million shares were traded at a value of over 518 million Iraqi dinars (ID) (nearly $442,000 U.S. dollars). A total of 124 transactions were made during the session, in which trading took place over the shares of five joint-stock firms out of a total seven registered at the ISX. The firms are the Warka Bank, the Iraqi Middle East Investment Bank, the Commercial Bank of Iraq (CBIQ), Ashtar Hotel, and al-Mansour Hotel. The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks are the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels are 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 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. SS (P) 1