ISX index closes at 90.6 points on Wednesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went up slightly on Wednesday by 0.03% to close at 90.6 points as ten companies’ shares increased. “Wednesday’s session saw more than 383.946 million shares exchanging hands at a total value of 528.946 million dinars ($452,000) through 281 deals,” according to an ISX news bulletin received by IraqiNews.com news agency. Shares of 28 companies were traded in today’s session, of which 10 shares increased, 13 slumped, and 5 others maintained their previous levels. The service sector took the lead today (Sept. 29) with 38% of the overall trading activities through 110 deals worth 204.8 million dinars over three firms, followed by the banking sector with 36% through 79 deals over 7 firms and the hotel sector with 13% through 35 deals worth 69 million dinars over six 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