ISX trading hits ID9b+, index regains 2.7 points this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) this week traded over 5.2 billion shares worth more than 9 billion Iraqi dinars ($7.8 million), of which 27% went to non-Iraqi investors, as the national capital market’s index closing at 111.78 points compared to last week’s 109.08. The industrial sector came in the lead of this week’s five trading sessions, while hotel companies kept retreating. However, this week saw e-trading sessions increasing from three to five. The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks were the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were the 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 three electronic sessions on a weekly basis: Sundays, Tuesdays and Thursdays. AmR (P) 1