Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th March 2012).

Please click here to download a table of listed companies and their associated ticker codes.

ID1,324 / $1,453,  -1.4% (weekly change). The number of weekly traded shares was 5.0 bn and the weekly trading volume was ID10.2bn ($8.6mn).

 

ISX Company Announcements

  • Al-Mansour Pharmaceuticals Ind. (IMAP) will hold AGM on Mar. 31, 2012 to discuss 2011 financial statements and cash dividend ratio. ISX will suspend trading of IMAP starting on March 24.
  • Fallujah for Construction Materials (IFCM) will resume trading on Mar. 18, 2012. IFCM increased its capital from ID1.08bn to ID2.16bn through 100% rights issue. The opening price will be ID2.31 with +/- 50% limit for the first session.
  • Ishtar Hotel (HISH) will hold AGM on Mar. 22, 2012 to discuss 2010 financial statements. ISX suspended trading of HISH starting on March 15, 2012.
  • The ISX board has approved the ISC decision on Mar. 11, 2012 to delist Eastern Brewery Company (IEAB) due to its violation of Securities Law and Regulations and not providing financial statements for the years 2009 and 2010, they had warned the company more than once, and required the company to pay all fines incurred, categorizing it as government debt.

For the full RS Weekly Bulletin in PDF go to:  www.rabeesecurities.com.

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