ISX index up by 2.5%

BAGHDAD / IraqiNews.com: Iraq’s Stock Exchange (ISX) index rose by 2.53 percent to settle at 63.337 points during Thursday’s session, the fifth this month. Traded shares in Thursday’s session exceeded 400 million at a total value of over 600 million Iraqi dinars (nearly $508,000) by implementing 167 contracts. Shares of 33 companies were traded in today’s session, of which nine shares jumped, 12 slumped, and 12 others maintained their previous levels. One private transaction was made with 100 million shares during the session. The transaction was made over the Baghdad Soda Company at a value of 1.05 Iraqi dinars per share. 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. SS (P)/SR 1