ISX index closes at 92.5 points on Monday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went up slightly by 0.1% to close at 92.5 points after rates of shares of 13 out of a total 29 traded companies went up, four down and 12 retaining their previous rates. Monday’s session saw more than 350 million shares worth 509.707 million Iraqi dinars (roughly $435,000) through 218 deals of which non-Iraqi investors obtained only one purchase deals worth 1.4 million dinars over the hotel sector. The banking sector took the lead with 46% of the overall trading through 64 deals worth 239 million dinars over nine firms, followed by the industrial sector with 25% through 79 deals worth more than 131 million dinars over 10 firms and the hotel sector with 18% through 33 deals worth 95 million dinars over three firms. 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, 2009, 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 (S) 1