Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th November 2012).

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

ID1,608 / $1,740  (+5.6%) (weekly change). The number of week traded shares was 19.7bn and the weekly trading volume was ID23.5bn ($19.6mn).

ISX Company Announcements

  • Mosul Bank (BMFI) will resume trading on Dec. 4, after increasing the capital from ID100bn to ID202bn through 50% bonus and 52% rights issues. The opening price will be ID0.950 per share with +/- 50% limit for the first session.
  • Al-Sadeer Hotel (HSAD) will resume trading on December 2, with no change in its capital.
  • Babylon Bank (BBAY) decided in its AGM held on Nov. 21 to increase the capital from ID100bn to ID150bn through 4.592% bonus and 45.408% rights issues.
  • National Chemical & Plastic Ind. (INCP) resumed trading on Nov. 29, with no change in its capital.
  • Original shares of Al-Hamraa Insurance (NHAM) resumed trading on Nov. 28. NHAM will increase the capital from ID2bn to ID3bn through 50% bonus issue.
  • A cross transaction occurred on 12.86bn Union Bank (BUOI) shares on Nov. 26. This represents 12.86% of BUOI capital. New shares of BUOI from the capital increase were deposited at Iraqi Depository Center.

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

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