Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 12th October 2023).
Please click here to view a table of listed companies and their associated ticker codes.
| RSISX Index Change | |||
| RSISX Index | Closings | Change (w/w) (%) | Change (YTD) (%) |
| RSISX IQD Index | 1,385.8 | -2.7% | 52.2% |
| RSISX USD Index | 1,362.6 | -2.7% | 75.9% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 4,971.4 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 3.8 | # of Traded Companies | 53 |
| Traded Shares (mn)/d | 2,892 | # of Companies (Up) | 27 |
| Total Trades (#/d) | 3,043 | # of Companies (Down) | 13 |
| ISX Mcap (IQD bn) | 18,021 | # of Companies (Not changed) | 13 |
| ISX Mcap ($ mn) | 13,652 | # of Comp. Suspended from Trading (GA) | 14 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/ 1310 | # of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Date Processing & Marketing | IIDP | 1.580 | 32.8% | 61.2% |
| AL-Wiaam for Financial Inv. (UCM) | VWIF | 0.480 | 23.1% | 92.0% |
| AL-Badia for General Trans. (UCM) | SBAG | 0.510 | 18.6% | 34.2% |
| AL-Nukhba for Construction | SNUC | 0.570 | 14.0% | 1.8% |
| Ashour Hotel (NR) | HASH | 12.900 | 7.5% | 39.5% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Agricultural Prod. Mark. Meat | AIPM | 4.800 | -12.6% | -29.9% |
| Economy Bank | BEFI | 0.220 | -12.0% | 22.2% |
| Gulf Commercial Bank | BGUC | 0.180 | -10.0% | 12.5% |
| Investment Bank of Iraq | BIBI | 0.410 | -8.9% | 46.4% |
| Sumer Commercial Bank | BSUC | 0.110 | -8.3% | -42.1% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Asiacell Communications PJSC | TASC | 967.3 | 732.8 | 19.5% |
| Iraqi for Seed Production | AISP | 744.3 | 563.8 | 15.0% |
| Baghdad Soft Drinks | IBSD | 617.9 | 468.1 | 12.4% |
| Fallujah for Construction Mat. (NR) | IFCM | 574.7 | 435.4 | 11.6% |
| National Bank of Iraq | BNOI | 394.6 | 299.0 | 7.9% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Industry | 1,357 | 1,772.7 | 1,342.9 | 35.7% | |
| Banking | 691 | 1,180.9 | 894.6 | 23.8% | |
| Telecom | 270 | 967.5 | 733.0 | 19.5% | |
| Agriculture | 384 | 760.3 | 576.0 | 15.3% | |
| Services | 195 | 159.3 | 120.7 | 3.2% | |
| Hotels&Tourism | 131 | 130.1 | 98.5 | 2.6% | |
| Investment | 15 | 0.6 | 0.5 | 0.0% | |
| Insurance | 0 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 3,043 | 4,971.4 | 3,766.2 | 100.0% | |
Iraq Stock Exchange
- Dar Al-Salam for Insurance (NDSA) decided in its AGM held on Oct. 11, 2023, to distribute IQD0.05 cash dividend per share (corresponding to an 8.1% dividend yield).
- Iraqi Date Processing and Marketing (IIDP) fulfilled ISX's request to explain why the prices touched the higher limit on Oct. 5 and Oct. 8. The company disclosed that the reason was due to the issuance of a letter from the Ministry of Commerce and the Iraqi General Company for Exhibitions and Commercial Services, on October 4, which was related to holding a meeting for resolving the issue of ownership of the company's real estate lands.
Stocks that resumed / will resume trading:
- Ameen Al-Iraq Islamic Bank (BAME) resumed trading on Oct. 9 after holding its AGM on Sep. 28 in which they discussed and approved 2022 annual financial statements.
- Al Mustashar Islamic Bank (BMUI) resumed trading on Oct. 10 after holding its AGM on Sep. 19 in which they discussed and approved 2022 annual financial statements.
- Original shares of Al-Mosul for Funfairs (SMOF) resumed trading on Oct. 12 after holding its AGM on Sep. 30 in which they discussed and approved 2022 annual financial statements, increasing the paid-in capital from IQD1.50 bn to IQD1.65 bn through 10% bonus issue, and decided to distribute IQD0.056 cash dividend per share, corresponding to a 0.6% dividend yield.
Stocks that resumed / will resume trading:
- Union Bank (BUOI) will resume trading on Oct. 15 after holding its postponed AGM on Oct. 5 in which they discussed and approved 2022 annual financial statements and electing seven original and seven alternative board members.
- Mosul Bank (BMFI) will resume trading on Oct. 15 after holding its postponed AGM on Oct. 8 in which they discussed and approved 2022 annual financial statements.
- Baghdad Hotel (HBAG) will resume trading on Oct. 15 after holding its AGM on Oct. 10 in which they discussed and approved electing five original and five alternative board members.
- Gulf Insurance and Reinsurance (NGIR) will resume trading on Oct. 15 after holding its postponed AGM on Oct. 3 in which they discussed and approved 2022 annual financial statements.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Trans Iraq Bank for Investment (BTRI) starting Oct. 8 due to the AGM that will be held on Oct. 11 to discuss and approve the merger of Trans Iraq Bank for Investment with Iraq Noor Islamic Bank (BINI) and adding the Islamic activity to the company resulting from the merger to be Al-Emaar Islamic Bank for Investment and Finance.
- ISX suspended Dar Al-Salam for Insurance (NDSA) starting Oct. 8 due to the AGM that will be held on Oct. 11 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of Al-Ataa Islamic Bank (BLAD) starting Oct. 9 due to the AGM that will be held on Oct. 12 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of Middle East Producing & Marketing - Fish (AMEF) starting Oct. 11 due to the AGM that will be held on Oct. 16 to discuss and approve the ending year Mar. 31, 2023 financial statements.
- ISX suspended trading of National Islamic Bank (BNAI) starting Oct. 12 due to the AGM that will be held on Oct. 17 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD251.0 bn to IQD400.0 bn through 59.4% rights issue.
- ISX will suspend trading of AL- Kindi of Veterinary Vaccines Drugs (IKLV) starting Oct. 22 due to the AGM that will be held on Oct. 25 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Ashour Hotel (HASH) starting Oct. 19 due to the AGM that will be held on Oct. 24 to discuss and approve 2022 annual financial statements.
- ISX will suspend trading of International Development Bank (BIDB) starting Oct. 23 due to the AGM that will be held on Oct. 26 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital through bonus issue.
https://www.facebook.com/RabeeSecurities
Comments are closed.