Kamis, Agustus 07, 2008

ISX closes with 24 million share contract

The Iraqi Stock Exchange (ISX) closed its session on Thursday, the third this week, with a 24 million share contract at a value of 1.55 Iraqi dinars (1 U.S. dollar = 1,119 Iraqi dinars) per share.

The stock market opened its session this morning with two contracts worth of 4.5 million shares.

The first contract was concluded by an Iraqi company, which bought 2.5 million shares from the Soda Company at a value of 1.2 Iraqi dinars per share; while the second was concluded by a foreign investor, which bought 2 million shares from the Islamic Bank at a value of 0.85 Iraqi dinars (1 U.S. dollar = 1,119 Iraqi dinars) per share.

The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday.

(Voices of Iraq)

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