Iraq Stock Market Continues to Fall

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 12th May 2016).

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

The RSISX index ended the week at IQ702 (-7.0%) / $700 (-7.7%) (weekly change) (-35.6% and -38.9% YTD change, respectively). The number of week traded shares was 8.7 bn and the weekly trading volume was IQD3.6bn ($2.8mn).

ScreenHunter_3485 May. 16 14.41

ISX Company Announcements

  • Mamoura Real-estate Investment (SMRI) will hold its AGM* on May 23, 2016 to discuss and approve 2015 annual financial results and increasing its capital through bonus issue. ISX will suspend the trading of SMRI starting on May 18, 2016.
  • Al-Khatem Telecom (TZNI) will hold its AGM* on May 19, 2016 to discuss and approve 2015 annual financial results. ISX will suspend the trading of TZNI starting on May 16, 2016.
  • Bank of Baghdad (BBOB) will hold its AGM* on May 16, 2016 to discuss and approve 2015 annual financial results. ISX will suspend the trading of BBOB starting on May 11, 2016.
  • Dar Al-Salam for Insurance (NDSA) resumed trading on May 10, 2016 after discussing and approving 2015 annual financial results.
  • Al-Nukhba for General Construction (SNUC) will hold its AGM* on May 15, 2016 to discuss and approve 2014 annual financial results. ISX suspended the trading of SNUC starting on May 10, 2016.
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