Economy

Baghdad, 09 May 2008 (Voices of Iraq)

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The Iraqi Stock Exchange (ISX) closed its session on Thursday with a 500,000-share contract at a value of 1,050 Iraqi dinars (1 U.S. dollar = 1,222 Iraqi dinars) per share.

The stock market opened its session this morning with two 2-million-share contracts. The first contract was concluded by an Iraqi company, which bought 1.3 million shares from an oil products transport company at a value of 1,500 Iraqi dinars per share; while the second was concluded by a foreign company, which bought 565,160 shares from the real estate al-Mamoura company at a value of 1,750 Iraqi dinars per share.

The Iraqi Stock Exchange holds three sessions a week: Sunday, Tuesday and Thursday.

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