Iraq Stock Market Report

Advertising Feature

Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 27th March 2025.

Please click here to view a table of listed companies and their associated ticker codes.

Note: ISX will be closed starting from Mar. 30, 2025 (Sunday) to Apr. 3, 2025 (Thursday) due to the religious holiday of Eid Al-Fitr. The next trading session will be held on Apr. 6, 2025 (Sunday).

RSISX Index Change      
RSISX Index Closings Change (w/w) (%) Change (YTD) (%)
RSISX IQD Index 2,254.5 0.1% 0.2%
RSISX USD Index 2,216.8 0.1% 0.2%
ISX Market Summary of This Week
Trading Vol. (IQD mn)/w* 9,624.2 # of Comp. Listed on the ISX /
# of Comp. on the OTC Market
104

/ 11

Trading Vol. ($ mn)/w* 7.3 # of Traded Companies 53
Traded Shares (mn)/w* 4,220     # of Companies (Up) 22
Total Trades (#/w)* 2,878     # of Companies (Down) 18
ISX Mcap (IQD bn) 22,199     # of Companies (Not changed) 13
ISX Mcap ($ mn) 16,817 # of Comp. Suspended from Trading (GA) 4
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 for Carton Man. IICM 1.350 22.7% -26.2%
Nat. Chem. & Plastic Ind. (UCM) INCP 2.290 17.4% -1.3%
Al-Ataa Islamic Bank (NRM) BLAD 0.090 12.5% -10.0%
Baghdad Passengers Transport SBPT 37.000 12.1% -3.9%
National Comp. for Met. Ind. M.&B. IMIB 2.240 12.0% -6.7%
Top 5 Losers - Weekly
Company Names ISX Code Closing Price(IQD) Price Change (w/w) Price Chg. (YTD)
Nationality H. Furniture (NRM) IHFI 1.050 -16.0% -25.0%
Iraqi Engineering Works IIEW 7.300 -14.1% -18.9%
Al-Sadeer Hotel HSAD 24.000 -7.5% -11.1%
Economy Bank BEFI 0.270 -6.9% -15.6%
Ready Made Clothes IRMC 2.900 -6.5% -20.5%
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 Pharmaceutical Ind. IMAP 5,088.8 3,855.2 52.9%
Bank of Baghdad BBOB 1,578.1 1,195.5 16.4%
Al-Mansour Bank BMNS 496.2 375.9 5.2%
National Bank of Iraq BNOI 492.1 372.8 5.1%
Baghdad Soft Drinks IBSD 316.8 240.0 3.3%
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. (%)
Industry 501 5,572.7 4,221.7 57.9%
Banking 1,525 3,077.9 2,331.8 32.0%
Agriculture 257 412.9 312.8 4.3%
Services 405 322.0 243.9 3.3%
Telecom 96 117.4 88.9 1.2%
Hotels&Tourism 67 109.4 82.9 1.1%
Insurance 8 4.6 3.5 0.0%
Investment 0 0.0 0.0 0.0%
Grand Total 2,859 9,616.9 7,285.5 100.0%

(1) Excluding OTC market

Iraq Stock Exchange

  • National Bank of Iraq (BNOI) decided in its AGM held on Mar. 27 to increase the paid-in capital from IQD400.0 bn to IQD520.0 bn through a 30.0% bonus issue and to distribute IQD0.20 cash dividend per share, corresponding to a 4.9% dividend yield.
  • Al-Mansour Bank (BMNS) has completed the legal procedures for the capital increase through a 26.78% bonus issue to IQD445.0 bn.
  • Investment Bank of Iraq (BIBI) has completed the legal procedures for the capital increase through an 11.998% bonus issue to IQD288.0 bn.
  • The ISC has approved the request of Al Taif Islamic Bank (BTIB) to have a four-month extension period to add the new shares from the capital increase through a 20.0% rights issue to IQD300.0 bn starting from Mar. 12, 2025.
  • Hammurabi Commercial Bank (BHAM) will start trading in the OTC on Apr. 7 after completing the procedures for registering the shareholders' register and depositing a percentage exceeding 43% of the company's capital.
  • The selling of the additional shares of Al-Mansour Pharmaceuticals Industries (IMAP), amounting to 2.56 bn shares, has been completed.
  • ISX suspended trading of the first issuance of Binaa bonds starting on Mar. 27, 2025, due to distributing semi-annual interest.

Stocks that resumed / will resume trading:

  • Iraqi Agricultural Products (AIRP) will resume 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 Region Trade Bank (BRTB) resumed trading on Mar. 27 after holding its AGM on Mar. 20 in which they discussed and approved 2024 annual financial statements, increasing the paid-in capital from IQD350.0 bn to IQD400.0 bn through a 14.29% bonus issue.
  • New shares of Cihan Bank (BCIH) from the capital increase to IQD400.0 bn through a 6.8% rights issue and a 5.9% bonus issue resumed trading on Mar. 25.

Stocks that were suspended / will be suspended from trading:

  • ISX will suspend 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 financial statements, dividend distribution, and direct invitations for investment in the hotel.
  • ISX suspended trading of National Bank of Iraq (BNOI) starting Mar. 24 due to the AGM that will be held on Mar. 27 to discuss and approve 2024 annual financial statements, dividend distribution, 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, financing the opening of 6 new branches, and electing nine original and nine alternative board members.
  • ISX suspended trading of National Islamic Bank (BNAI) starting Mar. 24 due to the AGM that will be held on Mar. 27 to discuss and approve 2024 annual financial statements, dividend distribution, increasing the paid-in capital from IQD351.0 bn to IQD400.0 bn through rights issue and bonus issue.

https://rs.iq/

https://www.facebook.com/RabeeSecurities

https://www.instagram.com/rabeesec.ar/

https://twitter.com/RabeeSecurities

https://www.youtube.com/channel/UCF3INTzIEm1Nksk67c50MuA

Comments are closed.