ISX index closes at 93.3 points

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Monday went up by 0.5% to close at 93.3 points as shares of 20 firms out of total 35 increased. Traded shares today hit more than 625.409 million worth $1.352 billion ($1.1 million) through 370 deals. The hotel sector grabbed the lion’s share of today’s trading with 45% through 101 deals worth 615.992 million dinars over 8 firms, followed by the banking sector with 25% through 79 deals worth 347.742 million dinars over nine firms, the industrial sector came third with 20% of the overall trading through 126 deals worth 276 million dinars over 9 firms and the service sector with 106.760 million dinars through 52 deals over four 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, 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