Thursday, May 5, 2011

Iraq stock exchange (ISX) index closes at 128.2 points May 05, 2011

Iraq stock exchange (ISX) index closes at 128.2 points May 05, 2011, iraqi dinar news may 5 2011

Shares of 40 companies were traded in today’s session, of which 12 shares jumped, 12 slumped, and 16 others maintained their previous levels.

The banking sector grabbed the lion’s share of today’s trading with 75% through 301 deals worth 1.883 billion iraqi dinars over 13 firms, followed by the service sector with 21% through 148 deals worth 527 million iraqi dinars over 6 firms, the industerial sector came third with 5% of the overall trading through 54 deals worth 72 million iraqi dinars over 9 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.(Source) Aswat iraq
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