Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th May 2014).
Please click here to download a table of listed companies and their associated ticker codes.
The RSISX index ended the week at ID1,855 (+0.7%)/ $1,970 (+0.3%) (weekly change). The number of week traded shares was 3.3bn and the weekly trading volume was ID5.2bn ($4.3mn).
ISX Company Announcements
- Asiacell (TASC) announced year-end financial results on Wednesday (May 7): P&L (annual) – FY13: Sales: IQD2,232bn, +3% y/y, EBITDA: IQD1,113bn, -2% y/y (EBITDA Margin: 49.9% in 2013, decreased from 52.5% in 2012), Net Profit: IQD581bn, -12% y/y (Net Profit Margin: 26.0% in 2013, decreased from 30.5% in 2012). Total customer base increased to 10.7mn by end of 2013, up 6% y/y.P&L (Quarterly) – 4Q13: Sales: IQD536bn, -12% y/y, Net Profit: IQD109bn, -42% y/y (Net Profit Margin: 20.4% in 4Q13, decreased from 30.9% in 4Q12).
- Asiacell Communications PJSC (TASC) will hold its AGM* on May 24, 2014 to discuss 2013 annual financial results and distributing cash dividend.
- Al-Mansour Pharma. Ind. (IMAP) will hold its AGM* on May 17 to discuss 2013 annual financial results and distributing cash dividend. ISX will suspend trading of IMAP starting May 11.
- Shares of AL-Nukhba for Construction (SNUC) resumed trading on May 4, 2014 after they discussed and approved 2012 annual financial results and electing new board members.