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ISX trading hits ID22b on Sunday.

BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) on Sunday saw more than 11 billion shares exchanging hands at a value of 22 billion Iraqi dinars ($19 million) with the industrial sector taking the lead. Thanks to non-confirmed news several industrial firms received loans to upgrade their products.

During Sunday's session 11.437 billion shares were traded at a value of 22.399 billion Iraqi dinars in 480 transactions, 19 of them went to non-Iraqi investors with a number of shares of 52.4 million worth 144.9 million, mostly over the industrial sector's stocks.

The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks were the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were the 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 three electronic sessions on a weekly basis: Sundays, Tuesdays and Thursdays.AmR (P)/SR

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Publication:Aswat al-Iraq (Erbil, Iraq)
Date:Nov 8, 2009
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