More Good News in the ISX

[Soldiering4U]

ISX index goes up by 0.3% this week

December 10, 2010 - 01:24:08

BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) went up by 0.3% this week to close at 95.6 points, compared to last week’s 95.3 points, as trading activities exceeded seven billion Iraqi dinars.

“Trading went over 3.632 billion shares worth more than 7.330 billion dinars (roughly $6.2 million) through 1909 deals with non-Iraqis obtaining 208 purchase deals worth 627 million, nearly 8% of the overall trading this week,” according to an ISX news bulletin received by Aswat al-Iraq news agency.

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 (P)

http://en.aswataliraq.info/?p=139663

[30 at 50]

thank you good post..I think this market is going to handsomely reward early visionaries..

I'm guessing u are invested..

[Soldiering4U]

OH YA defiantly invested that is why this article caught my eye... thanks for a positive response

[30 at 50]

cool me too..i'm believing big for this market..just wait till the heard gets word..hahah..we'll both be selling them our shares...but at MANY multiples !!!..haha..it reminds me of buying penny gold stocks that go 20 baggars..but actually this is much safer..

enjoy

[gmoney1217]

how does one go about investing in the ISX?! i cant seem to gind a legit way to do it online

[Soldiering4U]

my advice to you is find a good broker that is savvy in overseas investments...I kinda fell into it because one of my soldiers who's dad does it for a living so I talked to him about it last time I went on leave, but other than that do much research and like a poker game don't put in more than you are willing to loose my friend... Happy Investing

[Inspectdinar]

GMoney. Try googling Al Warka Bank. You can open an account with them and they will place stock orders for you! Been there for over 5 years now. Great returns. JMO