ISX index skyrocketed on Tuesday

BAGHDAD / IraqiNews.com: Iraq’s Stock Exchange (ISX) index went up by 16.179 percent to settle at 253.394 points, the highest since its establishment in 2004, during Tuesday’s session, the eighth this month. Traded shares in Tuesday’s session exceeded 504 million at a total value of over $1.449 billion dinars ($1.2 million) by implementing 415 contracts. Shares of 46 companies were traded in today’s session, of which 21 shares jumped, 10 slumped, and 15 maintained their previous levels. The banking sector achieved the highest trading volume with 34.5 percent. The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday. SH (P)/SR 1