ISX closes with million-share contract

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) closed its session on Thursday, the last this week, with a contract worth one million shares at a value of 1.100 Iraqi dinars (1 U.S. dollar = 1,118 Iraqi dinars) per share. The contract with concluded by an Iraqi company, which bought the shares from the light industries company. The stock market opened its session this morning with one contract worth 700,000 shares. The contract was concluded by an Iraqi company, which bought the shares from the Palestine Hotel at a value of 14.350 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. SH (P) 1