Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th October 2013).

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

The RSISX index ended the week at ID1,760 (+2.5%)/ $1,865 (+2.4%) (weekly change). The number of week traded shares was 9.4bn and the weekly trading volume was ID13.9bn ($11.5mn).

ScreenHunter_03 Oct. 28 09.22

ISX Company Announcements

  • Subscription on 52bn Bank of Baghdad (BBOB) shares will start on Oct. 27, 2013 to increase the capital through 30% rights and 13% bonus issues to IQD250bn.
  • Original shares of Sumer Commercial Bank (BSUC) resumed trading on Oct 23, 2013 after the decision to increase its capital from IQD187.3bn to IQD220bn through 0.7% bonus and 16.7% rights issues.
  • Iraqi for Carton Manufact. and Trading (IICM) will hold its AGM* on Nov. 11, 2013 to discuss 2012’s financial annual report.
  • Union Bank (BUOI) will hold its AGM* on Oct. 31, 2013 to discuss 2012’s financial annual report and increase its capital from IQD152bn to IQD250bn through bonus and rights issues.
  • AL- Kindi of Veterinary Vac. (IKLV) will hold its AGM* on Oct. 29, 2013 to discuss 2012’s financial annual report and increase its capital from IQD4.5bn to IQD5.4bn. ISX suspended trading of IKLV starting on Oct. 22, 2013.
  • Shares of Ishtar Hotels (HISH) resumed trading on Oct. 22, 2013 after the company has met the disclosure requirements.
  • A cross transaction occurred on IQD4.3bn Union Bank (BUOI) shares on Oct. 10, 2013. This represents 2.8% of BUOI capital.
  • Baghdad for Packing Materials (IBPM) will hold its AGM* on Oct 26, 2013 to discuss 2012’s financial annual report. ISX suspended trading of IBPM starting on Oct. 20, 2013.
  • Original shares of Credit Bank of Iraq (BROI) resumed trading on Oct. 13, 2013 after the decision to increase its capital from IQD150bn to IQD250bn through 13.3% bonus and 53.3% rights issues.
  • Original shares of Investment Bank of Iraq (BIBI) resumed trading on Oct. 13, 2013 after the decision to increase its capital from IQD155bn to IQD220bn through 0.848% bonus and 41.883% rights issues.

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