16 companies shares slump, only one made it up in Iraq stock exchange trading

May 29, 2009

The Iraqi Stock Exchange (ISX) on Thursday saw the prices of shares of 16 companies slump, 13 others retaining their previous levels and only one increasing.

Out of 91 companies registered in the capital market, including five in the e-trading sessions, only one company had the prices of its shares increasing.

The industrial sector took the lead in today’s session with 84% of traded shares, followed by the agricultural sector with 5.8% and the hotel sector that closed at 58.798 points.

The ISX is holding three sessions on a weekly basis – one of them is electronic over five joint-stock companies on Sunday – while two manual sessions are held over 86 registered companies on Tuesdays and Thursday. (Source)Aswat IRAQ

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