ISX index up, closes at 92.8 points

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Thursday went up by 1% to close at 92.8 points as shares of 27 firms out of total 39 increased. Traded shares today hit more than 1.149 million worth $1,568 billion through 458 deals. The banking sector grabbed the lion’s share of today’s trading with 53% through 141 deals worth 841 million dinars over 10 firms, followed by the hotel sector with 21% through 98 deals worth 336.5 million dinars over 7 firms, the industerial sector came third with 16% of the overall trading through 157 deals worth 272 million dinars over 13 firms and the service sector with 111 million dinars through 50 deals over six 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