ISX index goes up by 0.3% this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) went up by 0.3% this week to close at 95.6 points, compared to last week’s 95.3 points, as trading activities exceeded seven billion Iraqi dinars. “Trading went over 3.632 billion shares worth more than 7.330 billion dinars (roughly $6.2 million) through 1909 deals with non-Iraqis obtaining 208 purchase deals worth 627 million, nearly 8% of the overall trading this week,” according to an ISX news bulletin received by IraqiNews.com news agency. 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) 2