ISX index up by 0.4%

BAGHDAD / Awat al-Iraq: The Iraqi Stock Exchange index was higher by 0.4% to close at 124.12 points as rates of shares of 20 out of a total 39 companies were up during Wednesday’s session of trading worth 1.254 billion Iraqi dinars (roughly $1 million), according to an ISX news bulletin.

About 691 million shares exchanged hands through 562 trading deals in the session that saw rates of shares of 20 companies up, 9 down and 10 keeping their previous levels, according to the bulletin received by Aswat al-Iraq news agency.

Foreign investors concluded 29 purchase deals worth 50 million dinars over the banking, agriculture and industrial sectors and 10 sale deals worth 13 million dinars over the service sector.

Banking took the lead by obtaining the highest volume of trading, 41%, through 218 deals worth 520 million dinars over 13 firms, followed by the agriculture sector with 24% through 69 deals worth 305 million dinars over 4 firms and the industrial sector with 2% through 151 deals worth 272 million dinars over 12 companies.

Trading was frail over the sectors of hotels, insurance, investment and service.


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now Monday they were up 8% plus today's 4% makes 12% for the week.