ISX index closes at 93.5 points on Monday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index went down slightly on Monday by 0.4 percent to close at 93.5 points during a session that saw the shares of 37 out of 81 electronically-registered companies exchanging hands. During the trading session, rates of 13 companies went up, 13 down while 11 retained their previous rates. The session witnessed the trading of 1.872 billion shares worth 2.979 billion Iraqi dinars through 331 transactions, 6 of them went to non-Iraqi investors with more than 881 million shares worth more than one billion Iraqi dinars, mostly over the banking sector. The banking sector came in the lead today with 84% of the trading volume, followed by the hotel sector with 10% of the trading over eight firms. The ISX witnessed its first e-trading session on April 19 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 1