Iraqi stock market closed lower in trading Wednesday


The general index of the Iraqi Stock Exchange for the second session in a row, down 0.85%, closing at 568.43, losing 4.85 points, compared to the level of closing Tuesday.
On the performance of the index, the shares of 14 companies declined, headed by Baghdad for packaging materials 6%, Islamic banks 5.88%, and the combined 4%, commercial 3.92%, and Babil 3.33%.
On the other hand, the shares of 8 companies rose, led by Asiacell Telecom 9.9%, Babylon Hotel 2.99%, Elite Contracting 2.78%, Ishtar Hotels 2.38%, Carpets and Furnishings 1.95%.
The volume of trading today, through 9.9 billion shares, compared to 5.92 billion shares in yesterday’s session, while the value fell to 5.04 billion dinars, compared with 5.33 billion dinars in the previous session.
Bank shares remain the top and volume leader, with Mosul Bank, with 8.95 billion shares, worth KD 2.89 billion, accounting for 57.4% of total liquidity traded today.
The number of shares purchased by foreign investors reached 141 million shares, valued at 126.39 million dinars, through the implementation of 42 transactions on the shares of 4 companies.
While the number of shares sold by foreign investors 100.75 million shares, worth 69.2 million dinars, through the implementation of 26 transactions on the shares of two companies.

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