Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 24th 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 2,297.0 -2.3% 2.1%
RSISX USD Index 2,258.6 -2.3% 2.1%
ISX Market Summary of This Week
Trading Vol. (IQD mn)/w* 11,255.5 # of Comp. Listed on the ISX /

# of Comp. on the OTC Market

104

/ 11

Trading Vol. ($ mn)/w* 8.5 # of Traded Comp. 56
Traded Shares (mn)/w* 6,857     # of Companies (Up) 27
Total Trades (#/w)* 4,387     # of Companies (Down) 9
ISX Mcap (IQD bn) 22,516     # of Companies (Not changed) 20
ISX Mcap ($ mn) 17,058 # of Comp. Suspended from Trading (GA) 5
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)
Kurdistan Int. Islamic Bank BKUI 1.440 14.3% 111.8%
Economy Bank BEFI 0.300 7.1% -6.3%
Modern Animal & Agr. Prod. (UCM) AMAP 0.480 4.3% -11.1%
Al-Mosul for Funfairs SMOF 7.250 4.3% 3.6%
Iraqi for General Transp. (UCM) SIGT 0.730 4.3% -3.9%
Top 5 Losers - Weekly
Company Names ISX Code Closing Price(IQD) Price Change (w/w) Price Chg. (YTD)
Iraqi Agricultural Prod. Mark. Meat AIPM 5.250 -8.7% -7.9%
Modern Sewing IMOS 8.710 -8.3% -4.3%
Iraqi for Carton Man. IICM 1.250 -7.4% -31.7%
AL-Nukhba for Construction SNUC 0.700 -6.7% -6.7%
Iraqi Islamic Bank BIIB 1.410 -6.0% -3.4%
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 4,385.7 3,322.5 39.2%
Al-Mansour Bank BMNS 2,652.1 2,009.2 23.7%
Gulf Commercial Bank BGUC 664.8 503.7 5.9%
Iraqi for Seed Production AISP 622.2 471.4 5.6%
Baghdad Soft Drinks IBSD 535.2 405.5 4.8%
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 2,654 8,710.3 6,598.7 77.8%
Industry 688 1,029.2 779.7 9.2%
Agriculture 450 639.9 484.8 5.7%
Telecom 264 477.6 361.8 4.3%
Services 229 218.0 165.1 1.9%
Hotels&Tourism 29 126.3 95.7 1.1%
Insurance 6 0.5 0.4 0.0%
Investment 0 0.0 0.0 0.0%
Grand Total 4,320 11,201.7 8,486.2 100.0%

(1) Excluding OTC market

Iraq Stock Exchange

  • On Wednesday, a memorandum of understanding was signed for the Iraq Stock Exchange to join the Tabadul platform, in cooperation with the Abu Dhabi Securities Exchange. (Shafaq News)
  • A cross transaction occurred on 296.2 mn shares of Bank of Baghdad (BBOB) on Apr. 23, valued at IQD1.3 bn and corresponding to 0.1% of BBOB's capital.
  • Region Trade Bank (BRTB) has completed the legal procedures for the capital increase through a 14.29% bonus issue to IQD400.0 bn.
  • The ISC has approved the request of Al-Khazer for Construction Materials (IKHC) to have a four-month extension period to add the new shares from the capital increase through a 100.0% rights issue to IQD2.0 bn starting from Apr. 6, 2025.

Stocks that resumed / will resume trading:

  • Al-Hamraa for Insurance (NHAM) resumed trading on Apr. 20 after holding its AGM on Apr. 14 in which they discussed and approved the 2023 annual financial statements.
  • New shares of Al-Mansour Bank (BMNS) from the capital increase to IQD445.0 bn through a 26.78% bonus issue resumed trading on Apr. 22.
  • Baghdad Hotel (HBAG) will resume trading on Apr. 27 after holding its AGM on Apr. 21 in which they discussed and approved the addition of buildings, facilities and tourist facilities to the hotel building and the rehabilitation and development process of other parts, and granting Jamal Al-Widyan Tourism Investments Company an additional period of 20 years and an increasing rate of 2% annually on the cumulative rental allowance.

Stocks that were suspended / will be suspended from trading:

  • ISX suspended 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.
  • ISX will suspend trading of Bank of Baghdad (BBOB) starting Apr. 28 due to the AGM that will be held on May 3 to discuss and approve 2024 annual financial statements and dividend distribution.
  • ISX will suspend trading of Iraqi Islamic Bank (BIIB) starting May 6 due to the AGM that will be held on May 10 to discuss and approve 2024 annual financial statements, dividend distribution, increasing the paid-in capital from IQD325.0 bn to IQD400.0 bn through a 12.31% rights issue (56/fourth; increasing the capital by IQD40 bn by issuing shares in favor of Safwa Islamic Bank (Jordan)) and a 10.77% bonus issue, and electing two original and nine alternative board members.
  • ISX will suspend trading of Al Masherq Al-Arabi Islamic Bank (BAMS) starting May 6 due to the AGM that will be held on May 10 to discuss and approve 2024 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD250.0 bn to IQD295.05 bn through a 18.02% bonus issue. (In its previous AGM, which was held on Feb. 11, 2024, the bank decided to increase its capital from IQD250.0 bn to IQD300.0 bn through a 20.0% rights issue, however, it was announced on Sep. 22, 2024 that there was no subscription.)
  • ISX will suspend trading of Modern Chemical Industries (IMCI) starting May 8 due to the AGM that will be held on May 13 to discuss and approve the investment contract for a land for a company in Baghdad Governorate, and electing five original and five alternative board members.

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