| 2008: ISX opens with huge contracts on Thursday |
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July 31, 2008 The Iraqi Stock Exchange (ISX) opened its session on Thursday, the last this week, with two contracts, totaling over 10 million shares. The first contract was concluded by an Iraqi company, which bought 580,517 shares from al-Istithmar Bank at a value of 1.2 Iraqi dinars per share; while the second was concluded by a foreign company, which bought 10 million shares from the same bank at a value of 1.15 Iraqi dinars (1 U.S. dollar = 1155.5 Iraqi dinars) per share. The Iraqi Stock Exchange, established under Law No. 74 of the year 2004, held its first session on June 24, 2004. The stock market holds three sessions a week: Sunday, Tuesday, and Thursday. Source: Voices of Iraq |