ISX closes at 93.3 points on Tuesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index increased by 1.3% to close at 93.3 points as traded shares of 12 out of a total 40 companies went up. Tuesday’s trading session saw shares of 12 companies going up, 17 down while 11 retained their previous rates with more than 619.689 million stocks exchanged hands at a value of 1.839 billion Iraqi dinars ($1.5 million) through 265 deals, including 6 for non-Iraqi investors at 13.5 million dinars mainly over the banking sector. The hotels sector took the lead with 49% through 35 deals worth more than 914 million dinars over 8 firms, followed by the banking sector with 30% through 123 deals over 13 firms and the industrial sector with 13% through 37 deals worth 248.5 million dinars over nine firms. The ISX witnessed its first E-trading session on April 19, 2009 over five registered companies, three banks and two hotels. The banks were: Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: Ashtar Hotel and Al-Mansour Hotel. On June 7, 2009 the Iraqi Middle East Investment Bank and the Warka Bank joined the electronic trading sessions. The ISX now holds five sessions from Sunday to Thursday. SH (P) 1