15 firms go into the green as investors show optimistic sentiments

BAGHDAD / IraqiNews.com: Prices of shares of 15 companies registered in the Iraqi Stock Exchange (ISX) went into the green during Thursday’s session amidst optimism on the future of a number of companies that showed positively on trading activities while rates of six companies’ shares made a slight drop. Today’s session saw the shares of 25 out of a total 55 electronically-registered companies exchanging hands over 352 transactions over 834.4 million shares at more than two billion Iraqi dinars with rates of 15 going up, six down while five retained their last session’s prices. The banking sector took the lead with 79% of the shares by trading over stocks of eight banking companies, followed by the industrial sector with 15% of the traded shares. The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks were the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were the 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 three electronic sessions on a weekly basis: on Sundays, Tuesdays and Thursdays. AmR (S) 1