Iraq Stock Market Report

By Editor on 21st March 2025 in Investment

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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 20th March 2025.

ISX Market Summary of This Week
Trading Vol. (IQD mn)/w*	12,478.3	# of Comp. Listed on the ISX / # of Comp. on the OTC Market	104 / 11
Trading Vol. ($ mn)/w*	9.5	# of Traded Comp.	57
Traded Shares (mn)/w*	6,433	# of Companies (Up)	18
Total Trades (#/w)*	2,648	# of Companies (Down)	20
ISX Mcap (IQD bn)	21,843	# of Companies (Not changed)	19
ISX Mcap ($ mn)	16,547	# of Comp. Suspended from Trading (GA)	3
Market FX Rate/ CBI Auction Price (IQD/$)*	1320 / 1310	# of Comp. Suspended from Trading (ISC)	8

* Including OTC market

** Selling price of the dollar by 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)
Baghdad Passengers Transport	SBPT	33.000	26.3%	-14.3%
National Comp. for Met. Ind. M.&B.	IMIB	2.000	14.3%	-16.7%
Economy Bank	BEFI	0.290	11.5%	-9.4%
Iraqi for Carton Man.	IICM	1.100	10.0%	-39.9%
Ashur International Bank	BASH	0.310	6.9%	3.3%

Top 5 Losers - Weekly
Company Names	ISX Code	Closing Price(IQD)	Price Change (w/w)	Price Chg. (YTD)
Al -Khazer for Construction M.	IKHC	1.650	-11.8%	-25.0%
Electronic Industries (UCM)	IELI	1.260	-11.3%	-28.0%
Sumer Commercial Bank	BSUC	0.080	-11.1%	-20.0%
Al-Ataa Islamic Bank (NRM)	BLAD	0.080	-11.1%	-20.0%
Babil Animal & Vegetable Prod.	ABAP	25.000	-10.7%	0.0%

Top 5 Active by Weekly Trading Volume
Company Names	ISX Code	Trading Vol. (IQDmn)/d	Trading Vol. ($'000)/d	Share in Total Trad. Vol.(%)
Bank of Baghdad	BBOB	3,681.1	2,788.7	29.5%
National Bank of Iraq	BNOI	2,663.3	2,017.6	21.4%
Asia Al Iraq Islamic Bank	BAIB	1,904.4	1,442.7	15.3%
Al-Mansour Pharmaceutical Ind.	IMAP	1,354.9	1,026.5	10.9%
Al-Mansour Bank	BMNS	479.5	363.3	3.8%

Distribution of No. of Weekly Trades and Trading Vol. by Sectors⁽¹⁾
Sector	No.of Trades/w	Trading Vol. (IQD mn)/w	Trading Vol. ('000 $)/w	Share in Total Trading Vol. (%)
Banking	1,688	9,717.3	7,361.6	77.9%
Industry	291	1,710.6	1,295.9	13.7%
Hotels&Tourism	59	353.8	268.1	2.8%
Telecom	184	277.7	210.4	2.2%
Agriculture	198	244.7	185.4	2.0%
Services	205	163.7	124.0	1.3%
Insurance	2	0.0	0.0	0.0%
Investment	0	0.0	0.0	0.0%
Grand Total	2,627	12,467.8	9,445.3	100.0%

(1) Excluding OTC market

Iraq Stock Exchange

A cross transaction occurred on 1.7 bn shares of Asia Al Iraq Islamic Bank (BAIB) on Mar. 19, valued at IQD1.5 bn and corresponding to 0.7% of BAIB's capital.
Al-Mansour Pharmaceuticals Industries (IMAP) invited its shareholders to subscribe to 2.56 bn shares starting Mar. 17, 2025, for a period of five working days, from the capital increase to IQD18.56 bn through 16.0% rights issue according to the Companies Law No. 21 of 1997/Article 55/Fourth. Selling price will be IQD2.5 to people who will participate in the capital increase, and, the subscription will be available to anyone who wishes to subscribe in accordance with the procedures approved by the ISC and the ISX.
Al-Khatem Telecoms (TZNI) invited its shareholders to receive their cash dividends for the fiscal year 2022 & 2023, every Thursday at the company's HQ from March 20 to May 29, 2025, from 10:00 AM to 12:00 PM. The company decided in its recent AGM (Jan. 20, 2025) to distribute IQD0.1397 cash dividend per share, corresponding to a 5.7% dividend yield.
Iraqi for Seed Production (AISP) invited its shareholders to receive their cash dividends for the fiscal year 2021, starting Apr. 8, 2025. The company decided in its recent AGM (Mar. 2, 2025) to distribute IQD14.0 bn dividend in total.

Stocks that were suspended / will be suspended from trading:

ISX suspended trading of Region Trade Bank (BRTB) starting Mar. 17 due to the AGM that will be held on Mar. 20 to discuss and approve 2024 annual financial statements, dividend distribution, increasing the paid-in capital from IQD350.0 bn to IQD400.0 bn through a 14.29% bonus issue.
Based on ISC's letter No. 570/10 on Mar. 13, ISX suspended trading of Al Mal Islamic Investment Bank (BMAL) starting Mar. 17. This decision is pending the completion of verification procedures for the sources of funds, as part of regulatory measures aimed at strengthening due diligence procedures to ensure the protection of the market and investors.