Huge contract concluded as ISX closes Thurs.

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) closed its session on Thursday, the last this week, with a 24-million-share contract at a value of 1.45 Iraqi dinars (1 U.S. dollar = 1,118 Iraqi dinars) per share. The contract was concluded by an Iraqi company, which bought the shares from al-Warka Bank. The stock market opened its session this morning with one contract worth 450,000 shares. The contract was concluded by an Iraqi company, which bought the shares from the North Bank at a value of 2.95 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