Bank shares continue to rise Iraq index


The general index of the Iraqi Stock Exchange closed Wednesday at 0.84%, closing at 574.51 points, gaining 4.78 points, from yesterday’s closing levels.

The index rose 12 companies, led by banks; where the share of the National Bank at the top of the list by 9.09%, followed by Commercial Bank by 5.26%, followed by credit bank by 3.17%, and then Gulf Bank and investment by 3.0% and 2 And 27%, respectively.

On the other hand, the shares of 7 companies, led by shares of Ishtar Hotels fell by 4.62%, followed by Modern Animal by 2.94%.

The volume of trading today to 1.54 billion shares, compared to 502.63 million shares, the previous session, and increased the value of trading today to reach 711.77 million dinars, compared to 391.52 million dinars in yesterday’s session.
Banks continued their lead in terms of volume and value, led by the Bank of Mosul traded 1.027 billion shares, worth 287.59 million dinars.

The number of shares purchased by non-Iraqi investors reached 50.23 million shares, valued at 65.5 million dinars, through the implementation of 54 transactions on the shares of 11 companies.

While the number of shares sold by non-Iraqi investors 77.72 million shares, worth 48.09 million dinars, through the implementation of 15 transactions on the shares of two companies.

The stock exchange said Thursday that it will be the last trading session before Eid, and that it will resume work on Wednesday (September 6th).


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