Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th December 2012).

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

ID1,644 / $1,779  (-0.8%) (weekly change). The number of week traded shares was 15.8bn and the weekly trading volume was ID23.6bn ($19.7mn).

Note: ISX will be closed during December 27, 2012 – January 6, 2013 due to the end-of-year closing operations. The last session of this year will be on Wednesday, December 26, 2012 and trading will resume on Monday January 7, 2013.

ISX Company Announcements

  • Original shares of National Metallic Industries & Bicycles (IMIB) will resume trading on December 24, 2012 after the decision to increase the capital to ID7.5bn through 50% rights issue. The opening price will be ID1.37 per share with +/- 50% limit for the first session.
  • Northern Soft Drinks & Mineral Water (INSD) will resume trading on Dec. 24, 2012 after the decision to increase the capital from ID31.875bn to ID41.4375bn through rights issue. The opening price will be ID0.67 per share with +/- 50% limit for the first session.
  • Original shares of Karbala Hotels (HKAR) will resume trading on Dec. 23, 2012 after the decision to increase the capital from ID1.62bn to ID5bn through rights issue. The opening price will be ID2.30 per share with +/- 50% limit for the first session.
  • Fallujah for Construction Materials (IFCM)’s 5% bonus shares from the capital increase from ID2.16bn to ID2.268bn had been deposited at shareholders accounts at the IDC and will be activated as tradable shares starting from December 23, 2012.
  • Al-Zawraa for Financial Investment (VZAF)’s 15% bonus shares from the capital increase from ID1bn to ID1.15bn had been deposited at shareholders accounts at the IDC and will be activated as tradable shares starting from December 23, 2012.
  • Kurdistan International Bank (BKUI)’s 100% rights shares from the capital increase from ID150bn to ID300bn had been deposited at shareholders accounts at the IDC and will be activated as tradable shares starting from December 23, 2012.
  • Ashur Bank (BASH)’s 7.337% bonus shares and 42.663% rights shares from the capital increase from ID100bn to ID150bn had been deposited at shareholders accounts at the IDC and will be activated as tradable shares starting from December 23, 2012.

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

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