ISX index closes at 105.7 points

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Wednesday went up by 2.5% to close at 105.7 points as shares of 28 firms out of total 52 increased. Traded shares today hit more than 8 billion shares worth more than 10 billion dinars through 702 deals. Shares of 52 companies were traded in today’s session, of which 28 shares jumped, 8 slumped, and 16 others maintained their previous levels. The industrial sector grabbed the lion’s share of today’s trading with 88% through 378 deals worth 9 billion dinars over 18 firms, followed by the banking sector with 4% through 162 deals worth 524 million dinars over 12 firms, the hotel sector came third with 3% of the overall trading through 86 deals worth 372 million dinars over 5 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, 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 (S)/SR 4