Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 10th April 2025.

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 2,268.7 0.6% 0.9%
RSISX USD Index 2,230.7 0.6% 0.9%
ISX Market Summary of This Week
Trading Vol. (IQD mn)/w* 8,727.3 # of Comp. Listed on the ISX /

# of Comp. on the OTC Market

104

/ 11

Trading Vol. ($ mn)/w* 6.6 # of Traded Comp. 52
Traded Shares (mn)/w* 3,679     # of Companies (Up) 20
Total Trades (#/w)* 3,722     # of Companies (Down) 23
ISX Mcap (IQD bn) 22,217     # of Companies (Not changed) 9
ISX Mcap ($ mn) 16,831 # of Comp. Suspended from Trading (GA) 2
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)
Mansour Hotel HMAN 54.000 35.0% 31.7%
Kurdistan Int. Islamic Bank BKUI 1.100 22.2% 61.8%
National Company for Tourism Inv. HNTI 11.000 9.9% 4.8%
Palestine Hotel (UCM) HPAL 20.200 8.6% -8.2%
Al-Sadeer Hotel HSAD 26.000 8.3% -3.7%
Top 5 Losers - Weekly
Company Names ISX Code Closing Price(IQD) Price Change (w/w) Price Chg. (YTD)
Iraqi Engineering Works IIEW 6.000 -17.8% -33.3%
National Comp. for Met. Ind. M.&B. IMIB 1.920 -14.3% -20.0%
Iraqi Middle East Investment Bank BIME 0.070 -12.5% -12.5%
Baghdad Passengers Transport SBPT 33.300 -10.0% -13.5%
Trans Iraq Bank for Invest. (NRM) BTRI 0.910 -9.0% -1.1%
Top 5 Active by Weekly Trading Volume
Company Names ISX Code Trading Vol. (IQDmn)/d Trading Vol. ($'000)/d Share in Total Trad. Vol.(%)
Bank of Baghdad BBOB 3,505.1 2,655.4 40.2%
Baghdad Soft Drinks IBSD 1,282.8 971.9 14.7%
Al-Mansour Bank BMNS 772.2 585.0 8.9%
National Bank of Iraq BNOI 715.5 542.0 8.2%
Mansour Hotel HMAN 450.7 341.5 5.2%
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 2,252 5,715.1 4,329.6 65.6%
Industry 701 1,620.1 1,227.4 18.6%
Hotels&Tourism 158 658.4 498.8 7.6%
Telecom 265 363.2 275.1 4.2%
Agriculture 153 228.8 173.3 2.6%
Services 161 129.1 97.8 1.5%
Insurance 12 1.8 1.4 0.0%
Investment 0 0.0 0.0 0.0%
Grand Total 3,702 8,716.4 6,603.4 100.0%

(1) Excluding OTC market

Iraq Stock Exchange

  • A cross transaction occurred on 231.0 mn shares of Bank of Baghdad (BBOB) on Apr. 10, valued at IQD993.3 mn and corresponding to 0.1% of BBOB's capital.
  • Fitch Ratings has affirmed Iraqi Islamic Bank for Investment & Development's (BIIB) Long-Term Issuer Default Rating (IDR) at 'CCC+' and Viability Rating (VR) at 'ccc+'. (Fitch Ratings)
  • 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.
  • Ready Made Clothes (IRMC) invited its shareholders to receive their cash dividends for the fiscal year 2022 & 2023, at Iraqi Islamic Bank (BIIB)'s HQ from 10:00 AM to 1:00 PM. The company decided in its recent AGM (Oct. 31, 2024) to distribute IQD0.04 cash dividend per share, corresponding to a 1.1% dividend yield.
  • Hammurabi Commercial Bank (BHAM) started trading in the OTC on Apr. 7 after completing the procedures for registering the shareholders' shares and depositing a percentage exceeding 43% of the company's capital.
  • The ISC approved the request of Iraqi Engineering Works (IIEW) for an additional extension period of 1 year to submit its 2024 annual financial statements.
  • The ISC approved the request of Metallic & Bicycles Industries (IMIB) for an additional extension period of 1 year to submit its 2024 annual financial statements.
  • ISX suspended trading of the first issuance of Emaar bonds starting on Apr. 6, 2025, due to distributing semi-annual interest.
  • ISX suspended trading of the third issuance of Enjaz bonds starting on Apr. 9, 2025, due to distributing semi-annual interest. ISX suspended trading of the first issuance of Enjaz bonds starting on Apr. 10, 2025, due to distributing semi-annual interest.

Stocks that resumed / will resume trading:

  • Iraqi Agricultural Products (AIRP) resumed trading on Apr. 6 after holding its AGM on Feb. 27 in which they discussed and approved the sale of the company's property in Baghdad and withdrawing a loan from approved banks in Iraq to restart the suspended projects.
  • Original shares of National Bank of Iraq (BNOI) resumed trading on Apr. 9 after holding its AGM on Mar. 27 in which they discussed and approved 2024 annual financial statements, the management agreement between BNOI and the Capital Bank of Jordan, increasing the paid-in capital from IQD400.0 bn to IQD520.0 bn through a 30.0% bonus issue, decided to distribute IQD0.20 cash dividend per share, corresponding to a 4.9% dividend yield, financing the opening of 6 new branches, and electing nine original and nine alternative board members.

Stocks that were suspended / will be suspended from trading:

  • ISX will suspend trading of Ishtar Hotels (HISH) starting Apr. 13 due to the AGM that will be held on Apr. 16 to discuss and approve the 2021 & 2022 annual financial statements.
  • ISX will suspend trading of Al-Hamraa for Insurance (NHAM) starting Apr. 13 due to the AGM that will be held on Apr. 14 to discuss and approve the 2023 annual financial statements.
  • ISX will suspend trading of Baghdad Hotel (HBAG) starting Apr. 16 due to the AGM that will be held on Apr. 21 to discuss and approve the letter of Jamal Al-Widyan Tourism Investments Company (the investing company of the Baghdad Hotel) regarding the rehabilitation of the hotel.
  • ISX will suspend trading of Middle East Producing & Marketing - Fish (AMEF) starting Apr. 17 due to the AGM that will be held on Apr. 22 to discuss and approve electing five original and five alternative board members.
  • ISX will suspend trading of Babil Animal & Vegetable Production (ABAP) starting Apr. 20 due to the AGM that will be held on Apr. 23 to discuss and approve the 2023 annual financial statements, dividend distribution, and elect seven original and seven alternative board members.

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