Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 8th May 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 2,349.0 1.1% 4.4%
RSISX USD Index 2,309.7 1.1% 4.4%
ISX Market Summary of This Week
Trading Vol. (IQD mn)/w* 4,520.9 # of Comp. Listed on the ISX /

# of Comp. on the OTC Market

104

/ 11

Trading Vol. ($ mn)/w* 3.4 # of Traded Comp. 57
Traded Shares (mn)/w* 2,583     # of Companies (Up) 18
Total Trades (#/w)* 3,135     # of Companies (Down) 22
ISX Mcap (IQD bn) 22,923     # of Companies (Not changed) 17
ISX Mcap ($ mn) 17,366 # of Comp. Suspended from Trading (GA) 7
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)
Al-Ahlyia for Agricultural Prod. AAHP 2.010 45.7% 91.4%
Mamoura Real-estate Inv. SMRI 4.850 16.9% -28.1%
Al-Ameen for Insurance NAME 0.970 14.1% 29.3%
Palestine Hotel (UCM) HPAL 24.500 13.8% 11.4%
Sumer Commercial Bank BSUC 0.090 12.5% -10.0%
Top 5 Losers - Weekly
Company Names ISX Code Closing Price(IQD) Price Change (w/w) Price Chg. (YTD)
Iraqi Engineering Works IIEW 4.950 -14.7% -45.0%
Electronic Industries (UCM) IELI 1.200 -12.4% -31.4%
Iraqi for Carton Man. IICM 1.100 -12.0% -39.9%
Iraqi for General Transp. (UCM) SIGT 0.710 -9.0% -6.6%
AL-Nukhba for Construction SNUC 0.650 -7.1% -13.3%
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 1,182.7 896.0 26.4%
Al-Mansour Bank BMNS 911.3 690.4 20.3%
National Bank of Iraq BNOI 490.9 371.9 11.0%
Commercial Islamic Bank of Iraq BCOI 311.3 235.8 6.9%
Baghdad Soft Drinks IBSD 270.4 204.8 6.0%
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 1,230 2,107.7 1,596.8 47.0%
Telecom 500 1,182.8 896.1 26.4%
Industry 530 461.4 349.6 10.3%
Services 445 391.7 296.7 8.7%
Hotels&Tourism 114 172.1 130.4 3.8%
Agriculture 211 164.0 124.2 3.7%
Insurance 36 2.5 1.9 0.1%
Investment 0 0.0 0.0 0.0%
Grand Total 3,066 4,482.1 3,395.6 100.0%

(1) Excluding OTC market

Iraq Stock Exchange

  • According to the ISC decision on Apr. 28, 2025, the ISX transferred United Bank (BUND) from the Undisclosed Companies Market (UCM) to the Regular Market (RM) starting May 4, 2025.
  • Sama Baghdad Exchange (FSBE) started trading in the OTC on May 4.
  • The Iraqi Company for Deposit Insurance (FIDI) started trading in the OTC on May 4.
  • ISX approved the listing of the first and second issuance of national bonds.

Stocks that resumed / will resume trading:

  • Bank of Baghdad (BBOB) will resume trading on May 11 after holding its AGM on May 3 in which they discussed and approved 2024 annual financial statements and decided to distribute IQD0.65 cash dividend per share, corresponding to a 14.5% dividend yield. The opening price will be IQ3.830 per share.
  • New shares of Region Trade Bank (BRTB) from the capital increase to IQD400.0 bn through a 14.29% bonus issue resumed trading on May 5.
  • Ishtar Hotels (HISH) resumed trading on May 6 after holding its AGM on Apr. 16 in which they discussed and approved the 2021 & 2022 annual financial statements and the hotel's rehabilitation contract.
  • Babil Animal & Vegetable Production (ABAP) resumed trading on May 7 after holding its AGM on Apr. 23 in which they discussed and approved 2023 annual financial statements, decided to distribute IQD0.10 cash dividend per share, corresponding to a 0.4% dividend yield, and elected seven original and three alternative board members.
  • Middle East Producing & Marketing - Fish (AMEF) resumed trading on May 8 after holding its postponed AGM on Apr. 29 in which they discussed and approved electing five original and five alternative board members.

Stocks that were suspended / will be suspended from trading:

  • ISX will suspend trading of Asiacell (TASC) starting May 20 due to the AGM that will be held on May 24 to discuss and approve the 2024 annual financial statements and dividend distribution.
  • ISX suspended trading of Al-Mansour Hotels (HMAN) starting May 4 due to the AGM that will be held on May 7 to discuss and approve 2023 annual fin. statements, dividend distribution, and direct invitations for investment in the hotel.
  • ISX suspended 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 suspended 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 an 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 suspended 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.
  • ISX will suspend trading of International Development Bank (BIDB) starting May 12 due to the AGM that will be held on May 15 to discuss and approve the 2024 annual financial statements, dividend distribution, and electing seven original and seven alternative board members.
  • ISX will suspend trading of Commercial Islamic Bank of Iraq (BCOI) starting May 20 due to the AGM that will be held on May 24 to discuss and approve the 2024 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD292.5 bn to IQD327.6 bn through a 12% bonus issue.
  • ISX will suspend trading of Gulf Commercial Bank (BGUC) starting May 20 due to the AGM that will be held on May 23 to discuss and approve the 2024 annual financial statements and the agreement prepared between BGUC and the Arab Jordan Investment Bank, which includes providing administrative consulting.

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