Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th April 2019).

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

The RSISX index ended the week at IQD584 (-1.2%) / $629 (-1.1%) (weekly change) (-11.4% and -11.4% YTD change, respectively). The number of week traded shares was 1.3 bn and the weekly trading volume was IQD1.0 bn ($0.8 mn).

ISX Company Announcements

  • Iraqi Carton Manufactories (IICM) will hold an AGM* on May. 9, 2019 to discuss and approve 2016 annual financial results. The company has been suspended from trading since Aug. 6, 2017 due to not disclosing 2016 and 2017 annual financial results.
  • ISX will suspend trading of Kurdistan International Islamic Bank (BKUI) starting Apr. 29, 2019 due to the GA that will be held on May. 4, 2019 to elect 4 original and 7 alternative board members. The bank will resume trading on May. 5, 2019.
  • National Company for Tourism Investment (HNTI) will resume trading on Apr. 28, 2019 after discussing the changes in the company’s business schedule.
  • Region Trade Bank for Investment and Finance (BRTB) resumed trading on Apr. 25, 2019 after electing 4 original and 4 alternative board members.
  • Asiacell (TASC) resumed trading on Apr. 21, 2019 after discussing and approving 2018 annual financial results and deciding to distribute 100% cash dividend (IQD1.00 dividend per share, 12.2% dividend yield).
  • Cross Transactions: 50 mn shares of Gulf Commercial Bank (BGUC) on Apr. 21, 2019, which represent 0.02% of BGUC capital. 32 mn shares of Iraqi Middle East Investment Bank (BIME) on Apr. 21, 2019, which represents 0.01% of BIME capital.

3 Responses to Iraq Stock Market Report

  1. LARRY BROWN 27th April 2019 at 01:01 #

    Can you give me any insight on AlWarka Bank. Will they start back trading on the ISX anytime soon?

    Thank you

  2. LARRY BROWN 27th April 2019 at 01:04 #

    AlWarka bank is holding shares in my name that I purchase from 2008 to 2011. I have over $50,000 dollars in my AlWarka bank account. Are there anyway for me to move the shares and money over to your bank to buy more shares?

  3. Mike reyes 3rd May 2019 at 11:13 #

    Looking for more information on warka bank will it restart again soon have stocks and would like to buy more .

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