ISX index goes down by 0.3% on Wednesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Wednesday went down by 0.3% to close at 94.4 points as shares of 21 firms out of total 39 decreased. Traded shares today hit more than 873.865 million worth $1.157 billion through 402 deals. Shares of 39 companies were traded in today’s session, of which 16 shares jumped, 21 slumped, and two others maintained their previous levels. The industrial sector grabbed the lion’s share of today’s trading with 39% through 198 deals worth 453 million dinars over 12 firms, followed by the banking sector with 35% through 75 deals worth 405 million dinars over 11 firms, the service sector came third with 15% of the overall trading through 64 deals worth 175 million dinars over 5 firms and the hotel sector with 109 million dinars through 53 deals over seven 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