Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th May 2016).

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

The RSISX index ended the week at IQ755 (-3.3%) / $759 (-3.6%) (weekly change) (-30.8% and -33.7% YTD change, respectively). The number of week traded shares was 1.7 bn and the weekly trading volume was IQD1.7bn ($1.4mn).

ISX Company Announcements

• 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 10, 2016.
• Al-Nukhba for General Construction (SNUC) will hold its AGM* on May 15, 2016 to discuss and approve 2014 annual financial results. ISX will suspend the trading of SNUC starting on May 9, 2016.
• Al-Wiaam for Financial Investment (VWIF) resumed trading on May 5, 2016 after discussing and approving 2015 annual financial results.
• Dar Al-Salam for Insurance (NDSA) was suspended from trading starting on May. 1, 2016 to hold its AGM* on May 4, 2016 to discuss and approve 2015 annual financial results and increasing its capital to IQD3.72bn through 6.01% bonus issue.
• Tourist Village of Mosul Dam (HTVM) resumed trading on May 4, 2016 after fulfilling ISX request to disclose why the prices have touched the higher limit in the last two sessions (Apr. 4-5, 2016). The company declared that it hasn't gone through any major changes.
• United Arab Money Transfer (MTUA) was suspended from trading on May 5, 2016 until the license will be issued by the CBI.
• Al-Motaman Money Transfer (MTMT) was suspended from trading on May 5, 2016 until the license will be issued by the CBI.