Iraq- ISX trading hits 1.6 billion dinars 

(MENAFN - Aswat Al-Iraq) The Iraqi Stock Exchange (ISX) index on Wednesday went down by 0.2 percent to close at 128.3 points as shares of 26 firms out of total 46 decreased.


Traded shares today hit 806 million shares worth 1.667 billion dinars (1.4 million) through 443 deals.

Shares of 46 companies were traded in today's session, of which 10 shares jumped, 26 slumped, and 10 others maintained their previous levels.


The banking sector grabbed the lion's share of today's trading with 66% through 185 deals worth one billion dinars over 15 firms, followed by the service sector with 14% through 87 deals worth 244 million dinars over 7 firms, the industrial sector came third with 13% of the overall trading through 132 deals worth 219 million dinars over 14 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.