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More companies to join electronic trading sessions

July 5, 2009 - 01:58:55

BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) on Sunday said that nine more firms have joined its electronic trading sessions, brining up the number of electronically registered companies to 26 out of a total 91.

The firms include Dar al-Salam Insurance Company, Al-Hamraa Insurance Company, Al-Zawraa for Financial Investment, Al-Nukhba Contracting Company, Al-Iraqiya for Land Transport, and others.
The ISX witnessed the first e-trading session on April 19 over five registered companies, three banks and two hotels. The banks are the Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels are 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: on Sundays, Tuesdays and Thursdays.

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