ISX Up 0.3%

[Slaydadea]

ISX index goes up by 0.3%

2/28/2011 4:34 PM

BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index on Monday went up by 0.3% to close at 123.6 points as shares of 24 firms out of total 49 increased.

Traded shares today hit 2.356 billion shares worth 4.110 billion dinars ($3.5 million) through 719 deals.

Shares of 49 companies were traded in today’s session, of which 24 shares jumped, 10 slumped, and 15 others maintained their previous levels.

The banking sector grabbed the lion’s share of today’s trading with 75% through 407 deals worth 4.110 billion dinars over 16 firms, followed by the industrial sector with 15% through 169 deals worth 621 million dinars over 12 firms, the hotel sector came third with 5% of the overall trading through 44 deals worth 226 million dinars over 8 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.

Link failed: BRB

Link:http://en.aswataliraq.info/Default1.aspx?page=article_page&id=141233&l=1

Copy and Paste to view please.

Edited February 28, 2011 by Slaydadea

[Striker]

So that means if they closed in 100,000 in trade then they made a whole 5 dollars. Wow, Unfortunately I only invest in stocks that have value. So I guess I want be investing in the ISX today. oh well.