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Iraqi bourse continues rally, closes at 100.69 pts

Iraqi bourse continues rally, closes at 100.69 pts
Ishtar Hotel
HISH
0.00% 10.00 0.00
Pepsi
IBSD
0.49% 4.14 0.02
Mansour
HMAN
-2.22% 44.00 -1.00

MSC
IMOS
0.00% 9.50 0.00
Tomoor
IIDP
0.00% 1.61 0.00
Hilal
IHLI
2.94% 0.70 0.02
Iraqi benchmark index continued its rally for the fifth straight session. The index rose by 0.18% gaining 0.18 point and closed at 100.69 points after closing yesterday’s session at 100.51 points.

Total of 2.82 billion shares were traded through 384 transactions at a turnover of IQD 2.9 billion. Out of 40 companies participated in trading, 11 rose, 7 declined, while the remaining 22 ones kept flat.

The benchmark index had increased at yesterday’s session by 0.37% gaining 0.37 point and closed at 100.14 points, rising for the fourth straight session.

The top three losers were Iraqi Date Processing and Marketing Co which declined by 5.2%, Baghdad Soft Drinks Co which decreased by 1.67% and Al Hilal Industrial Co which plunged by 1.35%.

The top three gainers were Ishtar Hotels which rose by 10%, Al Mansour Hotel which increased by 3.7% and Modern Sewing Co which rose by 3.3%.

Translated by: Mohamed Massoud