ISX index goes up slightly on Wednesday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) went up slightly on Wednesday by 0.12% to close at 94.7 points, while trading activities hit 1.8 billion Iraqi dinars. Today’s session saw trading over shares of 41 out of 84 electronically-registered firms, 10 of them went down, 18 up while 13 others retained their previous rates. Traded shares hit one billion worth 1.849 billion dinars through 250 deals, with non-Iraqi investors grabbing 25 deals worth 100.542 million dinars over different sectors. The banking sector took the lead with 85’% of the overall trading through 68 deals worth 1.588 billion dinars over 10 firms, followed by the industrial sector with 92 deals worth 128 million dinars over 13 firms and the hotel sector with 28 deals worth 47 million dinars over 9 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 (P) 1