468M-share contract made in ISX

BAGHDAD / IraqiNews.com: A private transaction was made over the Ashur Bank with 468.27 million shares at a value of 1 Iraqi dinar per share during the Iraqi Stock Exchange’s (ISX) session today. The stock market opened its session this morning, the first this week, with two contracts worth over 1.4 million shares. The first contract was concluded by an Iraqi company, which bought 967,660 shares from the Dar al-Salam Insurance Company at a value of 1.75 Iraqi dinars per share dinars (1 U.S. dollar = 1,118 Iraqi dinars); while the second contract was concluded by a foreign company, which bought 500,000 shares from al-Badiyah Company for Public Transport at a value of 2.75 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)/SR 1