Bank shares and retreating Iraq index services

24 Aug 2016 04:49 pm

Live: market general index slipped Iraq stock exchange at the end of trading Wednesday, continuing a decline for the fourth straight session.

The General index fell 0.33 percent to close at 556.21 points, losing 1.82 points from levels last session Tuesday..

Today's index was affected by declining shares of services and banks, where declining shares public transport Baghdad 2.82% ahead of the retreating stock today, and dropped the globe estate 1.87%.

Banks contributed to the decline in the index today, where the Middle East Bank dropped 2.78%, Baghdad Bank fell 2.44%, despite high Bank of Tigris and Euphrates top gainers today by 5.56%, elaf Bank rose 3.7%.

With stable and meeting Union Bank completed the high activity volume and value traded 20.01 billion shares, worth 4.4 billion dinars.

Today's turnover rose to 20.47 billion shares, compared to 6.66 billion shares in the previous session, trading value rose to 4.77 billion dinars compared to 4.59 billion dinars in Tuesday's session.