Iraq Stock Market Report

By Editor on 27th June 2025 in Investment

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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 26th June 2025.

ISX Market Summary of This Week
Trading Vol. (IQD mn)/w*	6,786.7	# of Comp. Listed on the ISX / # of Comp. on the OTC Market	104 / 11
Trading Vol. ($ mn)/w*	5.1	# of Traded Comp.	60
Traded Shares (mn)/w*	2,700	# of Companies (Up)	14
Total Trades (#/w)*	4,490	# of Companies (Down)	26
ISX Mcap (IQD bn)	22,152	# of Companies (Not changed)	20
ISX Mcap ($ mn)	16,782	# 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)
Iraqi Engineering Works	IIEW	4.020	14.9%	-55.3%
National Comp. for Met. Ind. M.&B.	IMIB	2.000	13.6%	-16.7%
Ashour Hotel (NRM)	HASH	28.000	7.7%	7.7%
Iraqi Date Processing & Marketing	IIDP	3.000	7.1%	-9.1%
Commercial Islamic Bank of Iraq	BCOI	0.740	5.7%	-7.5%

Top 5 Losers - Weekly
Company Names	ISX Code	Closing Price(IQD)	Price Change (w/w)	Price Chg. (YTD)
Iraq Noor Islamic Bank (NRM)	BINI	0.690	-18.8%	-1.4%
Kurdistan Int. Islamic Bank	BKUI	0.780	-16.1%	14.7%
Elaf Islamic Bank	BELF	0.330	-13.2%	-28.3%
Iraqi Agricultural Prod. Mark. Meat	AIPM	4.800	-12.7%	-15.8%
Mansour Hotel	HMAN	38.100	-11.4%	-6.7%

Top 5 Active by Weekly Trading Volume
Company Names	ISX Code	Trading Vol. (IQDmn)/d	Trading Vol. ($'000)/d	Share in Total Trad. Vol.(%)
Al-Mansour Bank	BMNS	1,735.9	1,315.0	26.2%
Bank of Baghdad	BBOB	1,672.8	1,267.3	25.3%
Asiacell Communications PJSC	TASC	1,026.1	777.4	15.5%
Baghdad Soft Drinks	IBSD	802.5	608.0	12.1%
Iraqi for Seed Production	AISP	340.4	257.9	5.1%

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	2,649	4,129.4	3,128.3	62.4%
Telecom	576	1,026.5	777.7	15.5%
Industry	555	909.5	689.0	13.7%
Agriculture	379	364.5	276.1	5.5%
Services	237	166.7	126.3	2.5%
Hotels&Tourism	67	26.0	19.7	0.4%
Insurance	2	0.0	0.0	0.0%
Investment	0	0.0	0.0	0.0%
Grand Total	4,465	6,622.5	5,017.1	100.0%

(1) Excluding OTC market

Iraq Stock Exchange

Asiacell (TASC) invited its shareholders to receive their cash dividends for the fiscal year 2024, starting Jun. 25. The company decided in its recent AGM (May 24, 2025) to distribute IQD1.5 cash dividend per share, corresponding to an 11.5% dividend yield. The branches of the National Bank of Iraq (BNOI) mentioned in the announcement will be ready to distribute dividends during official working hours.
Bank of Baghdad (BBOB) invited its shareholders to receive their cash dividends for the fiscal year 2024, starting Jun. 25 at the company's HQ and its branches throughout Iraq from 9:00 AM to 2:00 PM. The company decided in its recent AGM (May 3, 2025) to distribute IQD0.60 cash dividend per share, corresponding to a 13.4% dividend yield. (The bank changed the cash dividend per share from IQD0.65 to IQD0.60)
National Bank of Iraq (BNOI) has completed the legal procedures for the capital increase through a 30.0% bonus issue to IQD520.0 bn.
ISX suspended trading of the third issuance of Emaar bonds starting on Jun. 24, 2025, due to distributing semi-annual interest.
The Iraq Stock Exchange (ISX) will hold its AGM on Jul. 2 to discuss and approve the annual financial statements of the ISX for the ending year Dec. 31, 2024, the report of the Board of Governors on the market activities for the year 2024, and ISX's program for the year 2025.

Stocks that resumed / will resume trading:

Tourist Village of Mosul Dam (HTVM) resumed trading on Jun. 22 after holding its AGM on Jun. 13, in which they discussed and approved the 2024 annual financial statements.
Rajih Islamic Bank for Investment (BRAJ) resumed trading on Jun. 23, 2025 after the bank was suspended from trading by the ISC on Sep. 19, 2021.
New shares of Al-Mansour Pharmaceuticals Industries (IMAP) from the capital increase to IQD18.56 bn through a 16.0% rights issue according to the Companies Law No. 21 of 1997/Article 55/Fourth resumed trading on Jun. 24.

Stocks that were suspended / will be suspended from trading:

ISX suspended trading of Al-Batek Financial Investment (VBAT) starting Jun. 22 for not submitting annual financial statements.
ISX suspended trading of Baghdad Soft Drinks (IBSD) starting Jun. 24 due to the AGM that will be held on Jun. 30 to discuss and approve the 2024 annual financial statements, dividend distribution, and the authorization of the company's board of directors to import and install new production lines.
ISX suspended trading of Credit Bank of Iraq (BROI) starting Jun. 25 due to the AGM that will be held on Jul. 1 to discuss and approve 2024 annual financial statements, dividend distribution, increasing the paid-in capital from IQD319.87 bn to IQD400.0 bn through a 16.61% rights issue and 8.44% bonus issue.
ISX will suspend trading of National Company for Tourism Investment (HNTI) starting Jul. 22 due to the AGM that will be held on Jul. 27 to discuss and approve the 2023 annual financial statements, dividend distribution, and elect four original and four alternative board members. (Note: ISX adjusted the suspension from the trading date from Jun. 25, 2025, to Jul. 22, 2025, following HNTI's announcement of a change in the AGM date)