132M-share transactions made in ISX

BAGHDAD / IraqiNews.com: Two private transactions were made with 132 million shares during the Iraqi Stock Exchange’s (ISX) session today. The first transaction, worth 32 million shares, was made over the Palestine Hotel Company at a value of 15 Iraqi dinars per share; while the second, worth 100 million shares, was made over the Modern Tints Company at a value of 1.1 Iraqi dinars per share. The stock market opened its session this morning, the second this week, with one contract worth 40,000 shares. The contract was concluded by an Iraqi company, which bought the shares from al-Mansour Pharmaceutical Company at a value of 1.15 Iraqi dinars (1 U.S. dollar = 1,118 Iraqi dinars) per share. The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday. SS (P) 1