Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 18th Feb 2016).
The RSISX index ended the week at IQD959 (-0.9%) / $992 (-0.9%) (weekly change) (-12.0% and -13.4% YTD change, respectively). The number of week traded shares was 3.4bn and the weekly trading volume was IQD3.1bn ($2.5mn).
ISX Company Announcements
- Iraqi Cartoon Manufactories (IICM) will hold its AGM* on Mar. 1, 2016 to discuss and approve 2013 and 2014 annual financial results and covering the war deficit of IQD5.0mn. ISX will suspend the trading of IICM starting Feb. 25, 2016.
- Iraqi Land Transport (SILT) resumed trading on Feb. 17, 2016 after the company approved 2013 and 2014 annual financial results.
- Mosul Bank for Development and Investment (BMFI) postponed its AGM from Feb. 10, 2016 to Feb. 17, 2016 due to the lack of quorum.