ISX index goes down by 0.3%, closes at 91.6 points

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Tuesday went down by 0.3% to close at 91.6 points as shares of four firms out of total 38 decreased. Traded shares today hit more than 317 million worth more than 564.890 million Iraqi dinars (roughly $482,000) through 320 deals, with Iraqi investors obtaining 61 purchase deals worth 197 million dinars, mostly over the banking, service, agriculture, hotel, and industrial sectors. The banking sector grabbed the lion’s share of today’s trading with 48% through 109 deals worth 273 million dinars over nine firms, followed by the hotel sector with 21% through 34 deals worth 119.9 million dinars over eight firms, the industrial sector came third with 18% of the overall trading through 108 deals worth 102.9 million dinars over 12 firms and the service sector with 39 million dinars through 51 deals over four 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) 1