ISX trading up to ID33.71b this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) this week witnessed a higher volume of share trading to reach 33.71 billion Iraqi dinars (roughly $28 million) thanks to ID19 billion in a single transaction over the North Bank. This week’s five sessions saw more than 17.496 billion shares exchanging hands at a value of ID33.71 billion in 2,323 transactions, including 167 for non-Iraqi investors with a number of shares that exceeded 1.725 billion worth more tan ID3.26 billion, about 9% of the total volume of traded shares. Last week’s trading took place over 5.2 billion shares worth more than ID9 billion (roughly $7.8 million), 27% of which went to non-Iraqi investors, to close at 111.78 points. The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks were: ?? Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: ?? 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 five sessions from Sunday to Thursday. AmR (S) 1