ISX down by 2.031%

BAGHDAD / IraqiNews.com: Iraq ’s Stock Exchange (ISX) index was down by 2.031 percent to settle at 56.72 points at the closing of Sunday’s session, the third this month. Traded shares in today’s session exceeded 578 million at a total value of over 892 million Iraqi dinars (nearly $756.5 thousand) through 85 contracts. Ninety-five companies are registered at Baghdad ‘s Stocks Market, but shares of only 24 of them were traded in today’s session, of which three shares jumped, nine slumped and 12 others maintained their previous levels. Adil al-Maliki, an Iraqi economist, attributed the stability in most companies’ stocks prices and the decrease in some of them “to the demand on stocks, as there is an increase in many companies’ capital, especially banking companies, as per the decree issued by the Central Bank of Iraq allowing private banks to increase the capital of each to 50 billion Iraqi dinars”. MH (P)/AmR 1