The Iraqi Stock Exchange (ISX) opened its session on Sunday, the first this week, with two contracts, totaling over 2 million shares.
The first contract was concluded by an Iraqi company, which bought 400,000 shares from al-Shamal (North) Bank at a value of 3 Iraqi dinars per share; while the second was concluded by a foreign company, 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)