Saturday, September 21, 2024

Baghdad

ISX closes at 91.4 points this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index this week stabilized at the same rate registered last week at 91.4 points and traded more than 4 billion shares worth 7 billions Iraqi dinars. The ISX index had lost 5.7 points last week to close at 91.4 percent. Traded shares this week hit 4.134 billion worth more than 7.672 billion Iraqi dinars ($6.5 million) through 1401 deals with non-Iraqi investors getting 41 deals of more than 104 million shares worth 997 million Iraqi dinars, mostly over the banking and hotel sector. The ISX witnessed its first e-trading session on April 19, 2009 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. SH (P) 1