ISX index up, closes at 93.9 points

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Tuesday went up by 0.5% to close at 93.9 points as shares of 30 firms out of total 41 increased. Traded shares today hit more than 599.597 million worth $958.839 million ($819,000) through 453 deals. Shares of 41 companies were traded in today’s session, of which 30 shares jumped, 7 slumped, and four others maintained their previous levels. The industrial sector grabbed the lion’s share of today’s trading with 47% through 258 deals worth 450 million dinars over 12 firms, followed by the hotel sector with 29% through 84 deals worth 281 million dinars over nine firms, the banking sector came third with 19% of the overall trading through 57 deals worth 173 million dinars over 9 firms and the service sector with 44 million dinars through 37 deals over five 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 (S) 1