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Attention Chatters!!



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Evy (not using Shilo...but using Maddy) & Mama(MamaEhrhardt) are currently chatting here.



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ISX index slightly up to close at 100.5 points

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ISX index slightly up to close at 100.5 points Empty ISX index slightly up to close at 100.5 points

Post  plumberboy Thu Jan 07, 2010 12:00 pm

ISX index slightly up to close at 100.5 points
January 7, 2010 - 02:51:07

BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index went slightly up on Thursday by 0.11% to close at 100.56 points, fuelled by an increase in the rates of shares of 18 out of 36 companies.

Thursday’s session saw the shares of 36 out of 79 electronically-registered joint-stock companies exchanging hands, rates of 18 of which went up, 11 down while seven retained their previous rates.

The sessions witnessed the trading of 1.405 billion shares worth 2.264 billion Iraqi dinars through 443 transactions, 56 of them went to non-Iraqi investors with a number of 233.676 million shares worth 297.696 million Iraqi dinars, mostly over the banking sector, followed by the service, industrial and hotel sectors.

The industrial sector came in the lead with 65% of the trading activities today (Jan. 7) through 238 transactions over 15 banking firms, followed by the industrial sector with 17% of the trading through 122 transactions over nine industrial firms.

The service sector came third with 10% of the whole trading today through 29 transactions over for service companies, while trading was meager over the hotel sector through 45 transactions over five hotel companies.

The ISX witnessed its first e-trading session on April 19 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.
plumberboy
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