ISX index up on Monday

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index on Monday went up by 0.9% to close at 130.2 points as shares of 19 firms out of total 49 increased. Traded shares today hit 12.223 billion shares worth 23.963 billion dinars ($29 million) through 774 deals. Shares of 49 companies were traded in today’s session, of which 19 shares jumped, 12 slumped, and 18 others maintained their previous levels. The banking sector grabbed the lion’s share of today’s trading with 97% through 527 deals worth 33 billion dinars over 17 firms, followed by the industrial sector with 1% through 137 deals worth 340 million dinars over 14 firms, the hotel sector came third with 0.9% of the overall trading through 27 deals worth 308 million dinars over 5 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 (TS) 820