16 companies’ shares slump, only one made it up in ISX trading

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) on Thursday saw the prices of shares of 16 companies slump, 13 others retaining their previous levels and only one increasing. The ISX index on Thursday, the last manual session for this month of May, went down by 7.659%, closing at 253.734 points. Some more than 268 million shares of 30 joint-stock companies exchanged hands at a value of 546 million Iraqi dinars (ID) ($466,000) in 180 transactions. Out of 91 companies registered in the capital market, including five in the e-trading sessions, only one company had the prices of its shares increasing. The industrial sector took the lead in today’s session with 84% of traded shares, followed by the agricultural sector with 5.8% and the hotel sector that closed at 58.798 points. The ISX is holding three sessions on a weekly basis – one of them is electronic over five joint-stock companies on Sunday – while two manual sessions are held over 86 registered companies on Tuesdays and Thursday. AmR (P) 1