Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 12th April 2012).

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

ID1,287 / $1,412,  -2.1% (weekly change). The number of week traded shares was 4.4 bn and the weekly trading volume was ID8.5bn ($7.2mn).

 

ISX Company Announcements

  • Baghdad Hotel (HBAG) resumed trading on April 12, 2012 after increasing its capital from ID1.922bn to ID3.844bn through 100% rights issue.
  • Ishtar Hotel (HISH) will resume trading on April 15, 2012 with no change in its capital. HISH was not trading since March 15, 2012 due to GA which was held to discuss 2010 financial statements.
  • United Bank (BUND) will hold AGM on April 15 to discuss 2011 financial report, cash dividend ratio and capital increase from ID200bn to ID250bn, through 20% bonus and 5% rights issues. ISX suspended trading of BUND starting on April 8.
  • ISX suspended the trading of Iraqi Date Processing & Marketing (IIDP) on Apr. 8 due to not submitting their annual financial report ended Aug. 31, 2011.

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

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