Iraq Stock Market Report
Posted on 03 November 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd November 2023).
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 | 1,416.6 | 2.4% | 55.6% |
| RSISX USD Index | 1,392.9 | 2.4% | 79.8% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 5,459.4 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 4.1 | # of Traded Companies | 56 |
| Traded Shares (mn)/d | 6,460 | # of Companies (Up) | 26 |
| Total Trades (#/d) | 3,297 | # of Companies (Down) | 19 |
| ISX Mcap (IQD bn) | 18,232 | # of Companies (Not changed) | 11 |
| ISX Mcap ($ mn) | 13,812 | # of Comp. Suspended from Trading (GA) | 4 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Baghdad for Packing Materials (NR) | IBPM | 2.400 | 20.0% | 20.0% |
| Dar Al-Salam for Insurance | NDSA | 0.710 | 18.3% | 10.9% |
| Al-Mansour Bank | BMNS | 0.990 | 8.8% | 71.4% |
| Palestine Hotel (UCM) | HPAL | 20.500 | 7.9% | 44.4% |
| National Bank of Iraq | BNOI | 2.600 | 6.1% | 162.6% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Al -Khazer for Construction M. | IKHC | 1.500 | -14.3% | -23.1% |
| Iraqi for Seed Production | AISP | 9.500 | -14.1% | -6.4% |
| AL-Badia for General Trans. (UCM) | SBAG | 0.580 | -13.4% | 52.6% |
| Al Taif Islamic Bank | BTIB | 0.700 | -10.3% | -30.0% |
| Modern Sewing | IMOS | 10.500 | -9.5% | 97.7% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Bank of Baghdad | BBOB | 983.0 | 744.7 | 18.0% |
| Iraqi for Seed Production | AISP | 857.2 | 649.4 | 15.7% |
| Economy Bank | BEFI | 580.2 | 439.5 | 10.6% |
| Asiacell Communications PJSC | TASC | 549.8 | 416.6 | 10.1% |
| National Bank of Iraq | BNOI | 465.0 | 352.2 | 8.5% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Banking | 1,153 | 2,833.7 | 2,146.8 | 51.9% | |
| Agriculture | 796 | 898.3 | 680.5 | 16.5% | |
| Hotels&Tourism | 361 | 557.3 | 422.2 | 10.2% | |
| Telecom | 293 | 550.2 | 416.8 | 10.1% | |
| Industry | 559 | 549.2 | 416.1 | 10.1% | |
| Services | 98 | 59.4 | 45.0 | 1.1% | |
| Insurance | 37 | 11.2 | 8.5 | 0.2% | |
| Investment | 0 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 3,297 | 5,459.4 | 4,135.9 | 100.0% | |
Weekly News from Iraq
Iraq Stock Exchange
- National Bank of Iraq (BNOI) has formally joined KRG's 'My Account' financial inclusion initiative to provide more banking products, and services including digital payments. (Iraq Business News)
Stocks that resumed / will resume trading:
- Original shares of Investment Bank of Iraq (BIBI) resumed trading on Oct. 29 after holding its AGM on Oct. 19 in which they discussed and approved 2022 annual financial statements, increasing the paid-in capital from IQD250.0 bn to IQD257.1 bn through 2.86% bonus issue, and electing seven original and seven alternative board members. The bank will hold an AGM before the end of the year to increase the paid-in capital through rights issues.
- AL- Kindi of Veterinary Vaccines Drugs (IKLV) resumed trading on Oct. 30 after holding its AGM on Oct. 25 in which they discussed and approved 2022 annual financial statements.
- Baghdad for Packing Materials (IBPM) resumed trading on Oct. 30 after holding its postponed AGM on Oct. 25 in which they discussed and approved 2022 annual financial statements and elected five original and five alternative board members.
- Kharkh Tour Amusement City (SKTA) resumed trading on Oct. 30 after holding its AGM on Oct. 26 in which they discussed and approved electing seven original and seven alternative board members.
- Ashour Hotel (HASH) resumed trading on Nov. 2 after holding its AGM on Oct. 24 in which they discussed and approved 2022 annual financial statements.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Fallujah for Construction Materials (IFCM) starting Oct. 30 due to the AGM that will be held on Nov. 2 to discuss and approve 2020 & 2021 annual financial statements and electing five original and five alternative board members.
- ISX will suspend trading of Sumer Commercial Bank (BSUC) starting Nov. 7 due to the AGM that will be held on Nov. 12 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Iraqi Islamic Bank (BIIB) starting Nov. 7 due to the AGM that will be held on Nov. 11 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% rights issue.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 27 October 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th October 2023).
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 |
1,383.6 |
-3.6% |
52.0% |
|
RSISX USD Index |
1,360.5 |
-3.6% |
75.6% |
|
ISX Market Summary of This Week |
|||
|
Trading Vol. (IQD mn)/d |
4,762.0 |
# of Listed Companies on the ISX |
103 |
|
Trading Vol. ($ mn)/d |
3.6 |
# of Traded Companies |
52 |
|
Traded Shares (mn)/d |
3,768 |
# of Companies (Up) |
27 |
|
Total Trades (#/d) |
2,799 |
# of Companies (Down) |
15 |
|
ISX Mcap (IQD bn) |
18,073 |
# of Companies (Not changed) |
10 |
|
ISX Mcap ($ mn) |
13,692 |
# of Comp. Suspended from Trading (GA) |
8 |
|
Market FX Rate*/CBI Auction Price (IQD/$)** |
1320/ 1310 |
# of Comp. Suspended from Trading (ISC) |
9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
|
Top 5 Gainers - Weekly |
|
|
|
|
|
Company Names |
ISX Code |
Closing Price(IQD) |
Price Change (w/w) |
Price Chg. (YTD) |
|
Iraqi Engineering Works |
IIEW |
6.250 |
13.6% |
2.5% |
|
AL-Badia for General Trans. (UCM) |
SBAG |
0.670 |
13.6% |
76.3% |
|
Sumer Commercial Bank |
BSUC |
0.140 |
7.7% |
-26.3% |
|
Modern Sewing |
IMOS |
10.500 |
5.0% |
97.7% |
|
AL-Wiaam for Financial Inv. (UCM) |
VWIF |
0.600 |
3.4% |
140.0% |
|
Top 5 Losers - Weekly |
|
|
|
|
|
Company Names |
ISX Code |
Closing Price(IQD) |
Price Change (w/w) |
Price Chg. (YTD) |
|
Modern Animal & Agr. Prod. (UCM) |
AMAP |
0.490 |
-14.0% |
-26.3% |
|
Mansour Hotel |
HMAN |
33.000 |
-10.8% |
-10.8% |
|
Palestine Hotel (UCM) |
HPAL |
19.000 |
-9.0% |
33.8% |
|
Iraqi Middle East Investment Bank |
BIME |
0.110 |
-8.3% |
-21.4% |
|
Commercial Bank of Iraq |
BCOI |
0.670 |
-8.2% |
34.0% |
|
Top 5 Active by Weekly Trading Volume |
|
|
|
|
|
Company Names |
ISX Code |
Trading Vol. (IQDmn)/d |
Trading Vol. ($'000)/d |
Share in Total Trad. Vol.(%) |
|
Iraqi for Seed Production |
AISP |
1,072.0 |
812.1 |
22.5% |
|
National Bank of Iraq |
BNOI |
977.5 |
740.5 |
20.5% |
|
Asiacell Communications PJSC |
TASC |
561.4 |
425.3 |
11.8% |
|
Fallujah for Construction Mat. (NR) |
IFCM |
560.8 |
424.9 |
11.8% |
|
Baghdad Soft Drinks |
IBSD |
396.5 |
300.4 |
8.3% |
|
Distribution of No. of Weekly Trades and Trading Vol. by Sectors |
|
||||
|
Sector |
No.of Trades/w |
Trading Vol. (IQD mn)/w |
Trading Vol. ('000 $)/w |
Share in Total Trading Vol. (%) |
|
|
Banking |
738 |
1,710.0 |
1,295.5 |
35.9% |
|
|
Agriculture |
730 |
1,103.0 |
835.6 |
23.2% |
|
|
Industry |
696 |
1,093.1 |
828.1 |
23.0% |
|
|
Telecom |
263 |
563.1 |
426.6 |
11.8% |
|
|
Hotels&Tourism |
284 |
242.1 |
183.4 |
5.1% |
|
|
Services |
72 |
46.2 |
35.0 |
1.0% |
|
|
Insurance |
15 |
4.4 |
3.4 |
0.1% |
|
|
Investment |
1 |
0.0 |
0.0 |
0.0% |
|
|
Grand Total |
2,799 |
4,762.0 |
3,607.6 |
100.0% |
|
Iraq Stock Exchange
Stocks that resumed / will resume trading:
- Iraqi Engineering Works (IIEW) resumed trading on Oct. 23 after holding its AGM on Oct. 19 in which they discussed and approved 2021 annual financial statements.
- Iraq Noor Islamic Bank (BINI) resumed trading on Oct. 24 after holding its AGM on Oct. 18 in which they discussed and approved 2022 annual financial statements and the merger of BINI with Trans Iraq Bank for Investment (BTRI) to become Al-Emaar Islamic Bank for Investment and Finance with Islamic activity. The new paid-in capital will be IQD425.01 bn and a new board of directors consisting of seven original and seven alternative members will be elected in a joint AGM for the two banks.
- Middle East Producing & Marketing - Fish (AMEF) resumed trading on Oct. 26 after holding its AGM on Oct. 16 in which they discussed and approved the ending year Mar. 31, 2023 financial statements.
- Original shares of Investment Bank of Iraq (BIBI) will resume trading on Oct. 29 after holding its AGM on Oct. 19 in which they discussed and approved 2022 annual financial statements, increasing the paid-in capital from IQD250.0 bn to IQD257.1 bn through 2.86% bonus issue, and electing seven original and seven alternative board members. The bank will hold an AGM before the end of the year to increase the paid-in capital through rights issues.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of AL- Kindi of Veterinary Vaccines Drugs (IKLV) starting Oct. 22 due to the AGM that will be held on Oct. 25 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of International Development Bank (BIDB) starting Oct. 23 due to the AGM that will be held on Oct. 26 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital through bonus issue.
- ISX suspended trading of Kharkh Tour Amusement City (SKTA) starting Oct. 23 due to the AGM that will be held on Oct. 26 to discuss and approve electing seven original and seven alternative board members.
- ISX will suspend trading of Iraqi Islamic Bank (BIIB) starting Nov. 7 due to the AGM that will be held on Nov. 11 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% rights issue.
- ISX will suspend trading of Iraqi Middle East Investment Bank (BIME) starting Nov. 16 due to the AGM that will be held on Nov. 21 to discuss and approve 2021 & 2022 annual financial statements and dividend distribution.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 20 October 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th October 2023).
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 | 1,435.2 | 3.6% | 57.7% |
| RSISX USD Index | 1,411.2 | 3.6% | 82.1% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 7,115.0 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 5.4 | # of Traded Companies | 57 |
| Traded Shares (mn)/d | 3,970 | # of Companies (Up) | 18 |
| Total Trades (#/d) | 3,204 | # of Companies (Down) | 29 |
| ISX Mcap (IQD bn) | 18,302 | # of Companies (Not changed) | 10 |
| ISX Mcap ($ mn) | 13,865 | # of Comp. Suspended from Trading (GA) | 8 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Mansour Hotel | HMAN | 37.000 | 23.3% | 0.0% |
| AL-Wiaam for Financial Inv. (UCM) | VWIF | 0.580 | 20.8% | 132.0% |
| Sumer Commercial Bank | BSUC | 0.130 | 18.2% | -31.6% |
| AL-Badia for General Trans. (UCM) | SBAG | 0.590 | 15.7% | 55.3% |
| Ishtar Hotels | HISH | 9.810 | 14.7% | -0.9% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| National Islamic Bank | BNAI | 0.500 | -14.2% | -53.1% |
| Iraqi Engineering Works | IIEW | 5.500 | -12.7% | -9.8% |
| Gulf Insurance&Reinsurance | NGIR | 0.280 | -12.5% | -30.0% |
| Babylon Bank (UCM) | BBAY | 0.080 | -11.1% | 14.3% |
| Iraqi Date Processing & Marketing | IIDP | 1.420 | -10.1% | 44.9% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Mansour Hotel | HMAN | 1,571.2 | 1,190.3 | 22.1% |
| Iraqi for Seed Production | AISP | 985.7 | 746.8 | 13.9% |
| Asiacell Communications PJSC | TASC | 897.6 | 680.0 | 12.6% |
| Baghdad Soft Drinks | IBSD | 758.0 | 574.2 | 10.7% |
| Bank of Baghdad | BBOB | 491.6 | 372.5 | 6.9% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Hotels&Tourism | 643 | 2,197.2 | 1,664.5 | 30.9% | |
| Banking | 878 | 1,568.8 | 1,188.5 | 22.0% | |
| Industry | 760 | 1,320.2 | 1,000.2 | 18.6% | |
| Agriculture | 550 | 994.7 | 753.5 | 14.0% | |
| Telecom | 185 | 897.6 | 680.0 | 12.6% | |
| Services | 174 | 123.6 | 93.7 | 1.7% | |
| Investment | 8 | 10.4 | 7.9 | 0.1% | |
| Insurance | 6 | 2.4 | 1.8 | 0.0% | |
| Grand Total | 3,204 | 7,115.0 | 5,390.1 | 100.0% | |
Stocks that resumed / will resume trading:
- Union Bank (BUOI) resumed trading on Oct. 15 after holding its postponed AGM on Oct. 5 in which they discussed and approved 2022 annual financial statements and electing seven original and seven alternative board members.
- Mosul Bank (BMFI) resumed trading on Oct. 15 after holding its postponed AGM on Oct. 8 in which they discussed and approved 2022 annual financial statements.
- Baghdad Hotel (HBAG) resumed trading on Oct. 15 after holding its AGM on Oct. 10 in which they discussed and approved electing five original and five alternative board members.
- Gulf Insurance and Reinsurance (NGIR) resumed trading on Oct. 15 after holding its postponed AGM on Oct. 3 in which they discussed and approved 2022 annual financial statements.
- Al-Ahlyia for Agricultural Production (AAHP) resumed trading on Oct. 16 after holding its AGM on Oct. 10 in which they discussed and approved the ending year Mar. 31, 2023 financial statements, electing five original and five alternative board members, and decided to distribute IQD0.02 cash dividend per share, corresponding to a 2.3% dividend yield.
- Original shares of Rehab Karbala (HKAR) resumed trading on Oct. 16 after holding its postponed AGM on Oct. 10 in which they discussed and approved 2022 annual financial statements, increasing the paid-in capital from IQD7.50 bn to IQD7.95 bn through 6% rights issue, adopting the cumulative voting method, and electing five original and five alternative board members.
- Original shares of Arabia Islamic Bank (BAAI) resumed trading on Oct. 17 after holding its AGM on Oct. 6 in which they discussed and approved 2022 annual financial statements and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% rights issue.
- Dar Al-Salam for Insurance (NDSA) resumed trading on Oct. 17 after holding its AGM on Oct. 11 in which they discussed and approved 2022 annual financial statements and decided to distribute IQD0.05 cash dividend per share, corresponding to an 8.1% dividend yield.
- Al Masherq Al-Arabi Islamic Bank (BAMS) resumed trading on Oct. 17 after holding its AGM on Oct. 2 in which they discussed and approved 2022 annual financial statements.
- Trans Iraq Bank for Investment (BTRI) resumed trading on Oct. 18 after holding its AGM on Oct. 11 in which they discussed and approved the merger of BTRI with Iraq Noor Islamic Bank (BINI) and adding the Islamic activity to the company resulting from the merger to be Al-Emaar Islamic Bank for Investment and Finance. The new paid-in capital will be IQD425.01 bn and a new board of directors consisting of seven original and seven alternative members will be elected in a joint AGM for the two banks.
- Al-Ataa Islamic Bank (BLAD) resumed trading on Oct. 18 after holding its AGM on Oct. 12 in which they discussed and approved 2022 annual financial statements.
- Original shares of National Islamic Bank (BNAI) resumed trading on Oct. 19 after holding its AGM on Oct. 17 in which they discussed and approved 2022 annual financial statements and increasing the paid-in capital from IQD251.0 bn to IQD301.0 bn through 19.9% rights issue.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Iraq Noor Islamic Bank (BINI) starting Oct. 15 due to the AGM that will be held on Oct. 18 to discuss and approve 2022 annual financial statements, dividend distribution, and the merger of Iraq Noor Islamic Bank with Trans Iraq Bank for Investment (BTRI) to become Al-Emaar Islamic Bank for Investment and Finance with Islamic activity.
- ISX suspended trading of Baghdad for Packing Materials (IBPM) starting Oct. 15 due to the AGM that will be held on Oct. 18 to discuss and approve 2022 annual financial statements and electing five original and five alternative board members.
- ISX suspended trading of Investment Bank of Iraq (BIBI) starting Oct. 16 due to the AGM that will be held on Oct. 19 to discuss and approve 2022 annual financial statements, dividend distribution, increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through rights and bonus issue, and electing seven original and seven alternative board members.
- ISX suspended trading of Ibdaa Al-Sharq Al-Awsat General Contract (SIBD) starting Oct. 17 due to the AGM that will be held on Oct. 22 to discuss and approve 2022 annual financial statements, dividend distribution, and electing five original and five alternative board members.
- ISX suspended trading of Ashour Hotel (HASH) starting Oct. 19 due to the AGM that will be held on Oct. 24 to discuss and approve 2022 annual financial statements.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 13 October 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 12th October 2023).
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 | 1,385.8 | -2.7% | 52.2% |
| RSISX USD Index | 1,362.6 | -2.7% | 75.9% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 4,971.4 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 3.8 | # of Traded Companies | 53 |
| Traded Shares (mn)/d | 2,892 | # of Companies (Up) | 27 |
| Total Trades (#/d) | 3,043 | # of Companies (Down) | 13 |
| ISX Mcap (IQD bn) | 18,021 | # of Companies (Not changed) | 13 |
| ISX Mcap ($ mn) | 13,652 | # of Comp. Suspended from Trading (GA) | 14 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/ 1310 | # of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Date Processing & Marketing | IIDP | 1.580 | 32.8% | 61.2% |
| AL-Wiaam for Financial Inv. (UCM) | VWIF | 0.480 | 23.1% | 92.0% |
| AL-Badia for General Trans. (UCM) | SBAG | 0.510 | 18.6% | 34.2% |
| AL-Nukhba for Construction | SNUC | 0.570 | 14.0% | 1.8% |
| Ashour Hotel (NR) | HASH | 12.900 | 7.5% | 39.5% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Agricultural Prod. Mark. Meat | AIPM | 4.800 | -12.6% | -29.9% |
| Economy Bank | BEFI | 0.220 | -12.0% | 22.2% |
| Gulf Commercial Bank | BGUC | 0.180 | -10.0% | 12.5% |
| Investment Bank of Iraq | BIBI | 0.410 | -8.9% | 46.4% |
| Sumer Commercial Bank | BSUC | 0.110 | -8.3% | -42.1% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Asiacell Communications PJSC | TASC | 967.3 | 732.8 | 19.5% |
| Iraqi for Seed Production | AISP | 744.3 | 563.8 | 15.0% |
| Baghdad Soft Drinks | IBSD | 617.9 | 468.1 | 12.4% |
| Fallujah for Construction Mat. (NR) | IFCM | 574.7 | 435.4 | 11.6% |
| National Bank of Iraq | BNOI | 394.6 | 299.0 | 7.9% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Industry | 1,357 | 1,772.7 | 1,342.9 | 35.7% | |
| Banking | 691 | 1,180.9 | 894.6 | 23.8% | |
| Telecom | 270 | 967.5 | 733.0 | 19.5% | |
| Agriculture | 384 | 760.3 | 576.0 | 15.3% | |
| Services | 195 | 159.3 | 120.7 | 3.2% | |
| Hotels&Tourism | 131 | 130.1 | 98.5 | 2.6% | |
| Investment | 15 | 0.6 | 0.5 | 0.0% | |
| Insurance | 0 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 3,043 | 4,971.4 | 3,766.2 | 100.0% | |
Iraq Stock Exchange
- Dar Al-Salam for Insurance (NDSA) decided in its AGM held on Oct. 11, 2023, to distribute IQD0.05 cash dividend per share (corresponding to an 8.1% dividend yield).
- Iraqi Date Processing and Marketing (IIDP) fulfilled ISX's request to explain why the prices touched the higher limit on Oct. 5 and Oct. 8. The company disclosed that the reason was due to the issuance of a letter from the Ministry of Commerce and the Iraqi General Company for Exhibitions and Commercial Services, on October 4, which was related to holding a meeting for resolving the issue of ownership of the company's real estate lands.
Stocks that resumed / will resume trading:
- Ameen Al-Iraq Islamic Bank (BAME) resumed trading on Oct. 9 after holding its AGM on Sep. 28 in which they discussed and approved 2022 annual financial statements.
- Al Mustashar Islamic Bank (BMUI) resumed trading on Oct. 10 after holding its AGM on Sep. 19 in which they discussed and approved 2022 annual financial statements.
- Original shares of Al-Mosul for Funfairs (SMOF) resumed trading on Oct. 12 after holding its AGM on Sep. 30 in which they discussed and approved 2022 annual financial statements, increasing the paid-in capital from IQD1.50 bn to IQD1.65 bn through 10% bonus issue, and decided to distribute IQD0.056 cash dividend per share, corresponding to a 0.6% dividend yield.
Stocks that resumed / will resume trading:
- Union Bank (BUOI) will resume trading on Oct. 15 after holding its postponed AGM on Oct. 5 in which they discussed and approved 2022 annual financial statements and electing seven original and seven alternative board members.
- Mosul Bank (BMFI) will resume trading on Oct. 15 after holding its postponed AGM on Oct. 8 in which they discussed and approved 2022 annual financial statements.
- Baghdad Hotel (HBAG) will resume trading on Oct. 15 after holding its AGM on Oct. 10 in which they discussed and approved electing five original and five alternative board members.
- Gulf Insurance and Reinsurance (NGIR) will resume trading on Oct. 15 after holding its postponed AGM on Oct. 3 in which they discussed and approved 2022 annual financial statements.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Trans Iraq Bank for Investment (BTRI) starting Oct. 8 due to the AGM that will be held on Oct. 11 to discuss and approve the merger of Trans Iraq Bank for Investment with Iraq Noor Islamic Bank (BINI) and adding the Islamic activity to the company resulting from the merger to be Al-Emaar Islamic Bank for Investment and Finance.
- ISX suspended Dar Al-Salam for Insurance (NDSA) starting Oct. 8 due to the AGM that will be held on Oct. 11 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of Al-Ataa Islamic Bank (BLAD) starting Oct. 9 due to the AGM that will be held on Oct. 12 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of Middle East Producing & Marketing - Fish (AMEF) starting Oct. 11 due to the AGM that will be held on Oct. 16 to discuss and approve the ending year Mar. 31, 2023 financial statements.
- ISX suspended trading of National Islamic Bank (BNAI) starting Oct. 12 due to the AGM that will be held on Oct. 17 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD251.0 bn to IQD400.0 bn through 59.4% rights issue.
- ISX will suspend trading of AL- Kindi of Veterinary Vaccines Drugs (IKLV) starting Oct. 22 due to the AGM that will be held on Oct. 25 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Ashour Hotel (HASH) starting Oct. 19 due to the AGM that will be held on Oct. 24 to discuss and approve 2022 annual financial statements.
- ISX will suspend trading of International Development Bank (BIDB) starting Oct. 23 due to the AGM that will be held on Oct. 26 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital through bonus issue.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 06 October 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th October 2023).
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 | 1,424.9 | 0.8% | 56.5% |
| RSISX USD Index | 1,401.1 | 0.8% | 80.8% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 6,242.9 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 4.7 | # of Traded Companies | 48 |
| Traded Shares (mn)/d | 5,987 | # of Companies (Up) | 19 |
| Total Trades (#/d) | 1,939 | # of Companies (Down) | 18 |
| ISX Mcap (IQD bn) | 18,230 | # of Companies (Not changed) | 11 |
| ISX Mcap ($ mn) | 13,810 | # of Comp. Suspended from Trading (GA) | 12 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Region Trade Bank (NR) | BRTB | 1.000 | 20.0% | 20.0% |
| Palestine Hotel (UCM) | HPAL | 19.300 | 14.9% | 35.9% |
| AL-Wiaam for Financial Inv. (UCM) | VWIF | 0.390 | 11.4% | 56.0% |
| AL-Badia for General Trans. (UCM) | SBAG | 0.430 | 10.3% | 13.2% |
| Iraqi Date Processing & Marketing | IIDP | 1.190 | 8.2% | 21.4% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Agricultural Prod. Mark. Meat | AIPM | 5.490 | -12.3% | -19.9% |
| Ready Made Clothes | IRMC | 4.610 | -10.8% | -13.8% |
| Modern Sewing | IMOS | 9.500 | -9.5% | 78.9% |
| Sumer Commercial Bank | BSUC | 0.120 | -7.7% | -36.8% |
| Gulf Commercial Bank | BGUC | 0.200 | -4.8% | 25.0% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Asia Al Iraq Islamic Bank | BAIB | 3,243.6 | 2,457.3 | 52.0% |
| Asiacell Communications PJSC | TASC | 680.2 | 515.3 | 10.9% |
| National Bank of Iraq | BNOI | 427.2 | 323.7 | 6.8% |
| Baghdad Soft Drinks | IBSD | 260.0 | 197.0 | 4.2% |
| Fallujah for Construction Mat. (NR) | IFCM | 247.2 | 187.3 | 4.0% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Banking | 688 | 4,389.7 | 3,325.5 | 70.3% | |
| Telecom | 177 | 680.2 | 515.3 | 10.9% | |
| Industry | 650 | 632.9 | 479.5 | 10.1% | |
| Agriculture | 167 | 258.1 | 195.5 | 4.1% | |
| Services | 130 | 144.8 | 109.7 | 2.3% | |
| Hotels&Tourism | 106 | 136.0 | 103.0 | 2.2% | |
| Insurance | 2 | 1.0 | 0.7 | 0.0% | |
| Investment | 19 | 0.3 | 0.2 | 0.0% | |
| Grand Total | 1,939 | 6,242.9 | 4,729.5 | 100.0% | |
ISX Company Announcements
- Two cross transactions occurred on 3.06 bn shares of Asia Al Iraq Islamic Bank for Investment (BAIB) on Oct. 2 and Oct. 5, valued at IQD3.24 bn and corresponding to 1.2% of BAIB's capital.
- Mamoura Real-estate Investment (SMRI) invited its shareholders to receive their cash dividends for the fiscal year 2022 starting Oct. 1 through the company's HQ in Arrasat AL-Hindiya. The company decided in its recent AGM (Jul. 26) to distribute IQD0.035 cash dividend per share, corresponding to a 0.4% dividend yield.
Stocks that resumed / will resume trading:
- Original shares of Region Trade Bank (BRTB) resumed trading on Oct. 5 after holding its AGM on Sep. 26 in which they discussed and approved 2022 annual financial statements and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% bonus issue.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Arabia Islamic Bank (BAAI) starting Oct. 4 due to the AGM that will be held on Oct. 6 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% rights issue.
- ISX suspended trading of Erbil Bank for Investment & Finance (BERI) starting Oct. 4 due to the AGM that will be held on Oct. 7 to discuss and approve 2022 annual financial statements.
- ISX suspended trading of Baghdad Hotel (HBAG) starting Oct. 5 due to the AGM that will be held on Oct. 10 to discuss and approve electing five original and five alternative board members.
- ISX suspended trading of Al-Ahlyia for Agricultural Production (AAHP) starting Oct. 5 due to the AGM that will be held on Oct. 10 to discuss and approve the ending year Mar. 31, 2023, dividend distribution, and electing five original and five alternative board members.
- ISX will suspend trading of Trans Iraq Bank for Investment (BTRI) starting Oct. 8 due to the AGM that will be held on Oct. 11 to discuss and approve the merger of Trans Iraq Bank for Investment with Iraq Noor Islamic Bank (BINI) and adding the Islamic activity to the company resulting from the merger to be Al-Emaar Islamic Bank for Investment and Finance.
- ISX will suspend trading of Middle East Producing & Marketing - Fish (AMEF) starting Oct. 11 due to the AGM that will be held on Oct. 16 to discuss and approve the ending year Mar. 31, 2023 financial statements.
- ISX will suspend trading of National Islamic Bank (BNAI) starting Oct. 12 due to the AGM that will be held on Oct. 17 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD251.0 bn to IQD400.0 bn through 59.4% rights issue.
- ISX will suspend trading of Iraq Noor Islamic Bank (BINI) starting Oct. 15 due to the AGM that will be held on Oct. 18 to discuss and approve 2022 annual financial statements, dividend distribution, and the merger of Iraq Noor Islamic Bank with Trans Iraq Bank for Investment (BTRI) to become Al-Emaar Islamic Bank for Investment and Finance with Islamic activity.
- ISX will suspend trading of Baghdad for Packing Materials (IBPM) starting Oct. 15 due to the AGM that will be held on Oct. 18 to discuss and approve 2022 annual financial statements and electing five original and five alternative board members.
- ISX will suspend trading of Iraqi Engineering Works (IIEW) starting Oct. 16 due to the AGM that will be held on Oct. 19 to discuss and approve 2021 annual financial statements.
- ISX will suspend trading of Kharkh Tour Amusement City (SKTA) starting Oct. 23 due to the AGM that will be held on Oct. 26 to discuss and approve electing seven original and seven alternative board members.
- ISX will suspend trading of Fallujah for Construction Materials (IFCM) starting Oct. 30 due to the AGM that will be held on Nov. 2 to discuss and approve 2020 & 2021 annual financial statements and electing five original and five alternative board members.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 29 September 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th September 2023).
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 | 1,413.7 | 0.01% | 55.3% |
| RSISX USD Index | 1,390.0 | 0.01% | 79.4% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 6,592.2 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 5.0 | # of Traded Companies | 57 |
| Traded Shares (mn)/d | 4,457 | # of Companies (Up) | 23 |
| Total Trades (#/d) | 3,029 | # of Companies (Down) | 17 |
| ISX Mcap (IQD bn) | 18,116 | # of Companies (Not changed) | 17 |
| ISX Mcap ($ mn) | 13,724 | # of Comp. Suspended from Trading (GA) | 9 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Agricultural Prod. Mark. Meat | AIPM | 6.260 | 31.8% | -8.6% |
| Ready Made Clothes | IRMC | 5.170 | 14.4% | -3.4% |
| Iraqi For Tufted Carpets | IITC | 15.700 | 9.4% | 12.1% |
| AL-Wiaam for Financial Inv. (UCM) | VWIF | 0.350 | 9.4% | 40.0% |
| Iraqi Date Processing & Marketing | IIDP | 1.100 | 8.9% | 12.2% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Middle East Investment Bank | BIME | 0.120 | -7.7% | -14.3% |
| Sumer Commercial Bank | BSUC | 0.130 | -7.1% | -31.6% |
| Al-Sadeer Hotel (UCM) | HSAD | 17.100 | -5.0% | 14.0% |
| Iraqi Land Transport (UCM) | SILT | 1.650 | -4.6% | -11.8% |
| Gulf Commercial Bank | BGUC | 0.210 | -4.5% | 31.3% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Asiacell Communications PJSC | TASC | 1,285.4 | 973.8 | 19.5% |
| Asia Al Iraq Islamic Bank | BAIB | 996.4 | 754.8 | 15.1% |
| Iraqi for Seed Production | AISP | 809.1 | 612.9 | 12.3% |
| Bank of Baghdad | BBOB | 714.3 | 541.1 | 10.8% |
| Baghdad Soft Drinks | IBSD | 651.1 | 493.3 | 9.9% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Banking | 981 | 2,866.9 | 2,171.9 | 43.5% | |
| Telecom | 306 | 1,285.5 | 973.8 | 19.5% | |
| Industry | 679 | 1,092.8 | 827.9 | 16.6% | |
| Agriculture | 509 | 908.8 | 688.4 | 13.8% | |
| Services | 510 | 366.4 | 277.6 | 5.6% | |
| Hotels&Tourism | 20 | 70.9 | 53.7 | 1.1% | |
| Investment | 16 | 0.9 | 0.7 | 0.0% | |
| Insurance | 8 | 0.1 | 0.1 | 0.0% | |
| Grand Total | 3,029 | 6,592.2 | 4,994.1 | 100.0% | |
ISX Company Announcements
- A cross transaction occurred on 940.0 mn shares of Asia Al Iraq Islamic Bank for Investment (BAIB) on Sep. 28, valued at IQD996.4 mn and corresponding to 0.4% of BAIB's capital.
Stocks that resumed / will resume trading:
- Babylon Hotel (HBAY) resumed trading on Sep. 28 after holding its AGM on Sep. 21 in which they discussed and approved 2022 annual financial statements and decided to distribute IQD2.5 cash dividend per share, corresponding to a 2.45% dividend yield.
- Modern Sewing (IMOS) resumed trading on Sep. 28 after holding its AGM on Sep. 24 in which they discussed and approved 2022 annual financial statements, decided to distribute IQD0.49 cash dividend per share, corresponding to a 4.5% dividend yield, and electing five original and five alternative board members.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Rehab Karbala (HKAR) starting Sep. 28 due to the AGM that will be held on Oct. 3 to discuss and approve 2022 annual financial statements, increasing the paid-in capital through rights issue, adopting the cumulative voting method, and electing five original and five alternative board members.
- ISX will suspend trading of Ibdaa Al-Sharq Al-Awsat General Contract (SIBD) starting Oct. 17 due to the AGM that will be held on Oct. 22 to discuss and approve 2022 annual financial statements, dividend distribution, and electing five original and five alternative board members.
- ISX suspended trading of Al Masherq Al-Arabi Islamic Bank (BAMS) starting Sep. 26 due to the AGM that will be held on Oct. 2 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of Al-Mosul for Funfairs (SMOF) starting Sep. 26 due to the AGM that will be held on Sep. 30 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD1.50 bn to IQD1.65 bn through 10% bonus issue.
- ISX will suspend trading of Baghdad Hotel (HBAG) starting Oct. 5 due to the AGM that will be held on Oct. 10 to discuss and approve electing five original and five alternative board members.
- ISX suspended trading of Mosul Bank (BMFI) starting Sep. 25 due to the AGM that will be held on Oct. 1 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of Ameen Al-Iraq Islamic Bank (BAME) starting Sep. 24 due to the AGM that will be held on Sep. 28 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX suspended trading of Union Bank (BUOI) starting Sep. 24 due to the AGM that will be held on Sep. 28 to discuss and approve 2022 annual financial statements and electing seven original and seven alternative board members.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 23 September 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st September 2023).
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 | 1,413.6 | 5.3% | 55.3% |
| RSISX USD Index | 1,389.9 | 5.3% | 79.4% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 8,728.6 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 6.6 | # of Traded Companies | 55 |
| Traded Shares (mn)/d | 6,424 | # of Companies (Up) | 20 |
| Total Trades (#/d) | 4,287 | # of Companies (Down) | 17 |
| ISX Mcap (IQD bn) | 18,312 | # of Companies (Not changed) | 18 |
| ISX Mcap ($ mn) | 13,872 | # of Comp. Suspended from Trading (GA) | 5 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| National Bank of Iraq | BNOI | 2.280 | 20.0% | 130.3% |
| Economy Bank | BEFI | 0.260 | 18.2% | 44.4% |
| Gulf Insurance&Reinsurance | NGIR | 0.320 | 14.3% | -20.0% |
| AL-Wiaam for Financial Inv. (UCM) | VWIF | 0.320 | 14.3% | 28.0% |
| Commercial Bank of Iraq | BCOI | 0.760 | 8.6% | 52.0% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Rehab Karbala Company | HKAR | 0.870 | -13.0% | -17.1% |
| Babylon Bank (UCM) | BBAY | 0.090 | -10.0% | 28.6% |
| Al-Mosul for Funfairs | SMOF | 9.750 | -9.2% | -16.3% |
| Iraqi Date Processing & Marketing | IIDP | 1.010 | -8.2% | 3.1% |
| Al-Ataa Islamic Bank (NR) | BLAD | 0.140 | -6.7% | -39.1% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Iraqi for Seed Production | AISP | 1,403.8 | 1,063.5 | 16.1% |
| Baghdad Soft Drinks | IBSD | 1,400.4 | 1,060.9 | 16.0% |
| National Bank of Iraq | BNOI | 1,220.9 | 924.9 | 14.0% |
| Asiacell Communications PJSC | TASC | 1,096.3 | 830.6 | 12.6% |
| Mansour Hotel | HMAN | 629.2 | 476.7 | 7.2% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Banking | 1,841 | 3,704.6 | 2,806.5 | 42.4% | |
| Industry | 1,103 | 1,658.9 | 1,256.8 | 19.0% | |
| Agriculture | 606 | 1,442.1 | 1,092.5 | 16.5% | |
| Telecom | 359 | 1,096.4 | 830.6 | 12.6% | |
| Hotels&Tourism | 71 | 706.3 | 535.1 | 8.1% | |
| Services | 195 | 105.1 | 79.6 | 1.2% | |
| Insurance | 100 | 15.3 | 11.6 | 0.2% | |
| Investment | 12 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 4,287 | 8,728.6 | 6,612.6 | 100.0% | |
ISX Company Announcements
- Mamoura Real-estate Investment (SMRI) invited its shareholders to receive their cash dividends for the fiscal year 2022 starting Oct. 1 through the company's HQ. The company decided in its recent AGM (Jul. 26) to distribute IQD0.035 cash dividend per share, corresponding to a 0.4% dividend yield.
- The location of the General Administration and the main branch of the Bank of Baghdad (BBOB) has changed by moving to the new building owned by the bank which is located in Baghdad (Al-Nidal Street, Al-Bataween District). The official opening of the new headquarters will be announced at a later time.
- Kharkh Tour Amusement City (SKTA) invited its shareholders to receive their cash dividends for the fiscal year 2022 starting Sep. 17 through the company's HQ located in the Al-'Alam District - Ajnadin District. The company decided in its recent AGM (Aug. 6) to distribute an IQD0.12 cash dividend per share, corresponding to a 3.0% dividend yield.
Stocks that resumed / will resume trading:
- Commercial Bank of Iraq (BCOI) resumed trading on Sep. 19 after holding its AGM on Sep. 10 in which they discussed and approved 2022 annual financial statements, electing two original and one alternative board members in place of the resigned members, and changing the company's name from Commercial Bank of Iraq to Commercial Islamic Bank of Iraq.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Babylon Hotel (HBAY) starting Sep. 18 due to the AGM that will be held on Sep. 21 to discuss and approve 2022 annual financial statements and distributing IQD2.5 cash dividend per share.
- ISX suspended trading of Modern Sewing (IMOS) starting Sep. 19 due to the AGM that will be held on Sep. 24 to discuss and approve 2022 annual financial statements, dividend distribution, and electing five original and five alternative board members.
- ISX suspended trading of Region Trade Bank (BRTB) starting Sep. 21 due to the AGM that will be held on Sep. 26 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% bonus issue.
- ISX suspended trading of Gulf Insurance and Reinsurance (NGIR) starting Sep. 21 due to the AGM that will be held on Sep. 26 to discuss and approve 2022 annual financial statements.
- ISX will suspend trading of Mosul Bank (BMFI) starting Sep. 25 due to the AGM that will be held on Oct. 1 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Arabia Islamic Bank (BAAI) starting Oct. 3 due to the AGM that will be held on Oct. 6 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% rights issue.
- ISX will suspend trading of Erbil Bank for Investment & Finance (BERI) starting Oct. 3 due to the AGM that will be held on Oct. 7 to discuss and approve 2022 annual financial statements.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 16 September 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th September 2023).
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 | 1,341.8 | 1.6% | 47.4% |
| RSISX USD Index | 1,319.4 | 1.6% | 70.3% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 6,143.8 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 4.7 | # of Traded Companies | 47 |
| Traded Shares (mn)/d | 4,725 | # of Companies (Up) | 14 |
| Total Trades (#/d) | 3,759 | # of Companies (Down) | 25 |
| ISX Mcap (IQD bn) | 18,089 | # of Companies (Not changed) | 8 |
| ISX Mcap ($ mn) | 13,704 | # of Comp. Suspended from Trading (GA) | 2 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 9 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Date Processing & Marketing | IIDP | 1.100 | 15.8% | 12.2% |
| Al-Mosul for Funfairs | SMOF | 10.740 | 13.7% | -7.8% |
| Modern Sewing | IMOS | 11.250 | 10.3% | 94.0% |
| Fallujah for Construction Mat. (NR) | IFCM | 3.720 | 7.8% | -36.9% |
| AL-Wiaam for Financial Inv. (UCM) | VWIF | 0.280 | 7.7% | 12.0% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Mosul Bank | BMFI | 0.210 | -4.5% | 0.0% |
| Economy Bank | BEFI | 0.220 | -4.3% | 22.2% |
| Al Taif Islamic Bank | BTIB | 0.750 | -3.8% | -25.0% |
| AL-Kindi of Veterinary Vac. | IKLV | 1.500 | -3.2% | 7.1% |
| Investment Bank of Iraq | BIBI | 0.480 | -2.0% | 71.4% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Asiacell Communications PJSC | TASC | 1,097.0 | 831.1 | 17.9% |
| Baghdad Soft Drinks | IBSD | 923.1 | 699.3 | 15.0% |
| Fallujah for Construction Mat. (NR) | IFCM | 790.1 | 598.5 | 12.9% |
| Bank of Baghdad | BBOB | 597.1 | 452.3 | 9.7% |
| Iraqi Land Transport (UCM) | SILT | 403.6 | 305.7 | 6.6% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Industry | 1,576 | 2,015.1 | 1,526.6 | 32.8% | |
| Banking | 1,064 | 1,734.9 | 1,314.3 | 28.2% | |
| Telecom | 424 | 1,097.1 | 831.1 | 17.9% | |
| Services | 255 | 620.8 | 470.3 | 10.1% | |
| Agriculture | 226 | 377.6 | 286.1 | 6.1% | |
| Hotels&Tourism | 112 | 282.8 | 214.3 | 4.6% | |
| Insurance | 83 | 14.7 | 11.1 | 0.2% | |
| Investment | 19 | 0.8 | 0.6 | 0.0% | |
| Grand Total | 3,759 | 6,143.8 | 4,654.4 | 100.0% | |
ISX Company Announcements
- Kharkh Tour Amusement City (SKTA) invited its shareholders to receive their cash dividends for the fiscal year 2022 starting Sep. 17 through the company's HQ located in the Al-'Alam District - Ajnadin District. The company decided in its recent AGM (Aug. 6) to distribute an IQD0.12 cash dividend per share, corresponding to a 3.0% dividend yield.
- The Arab Tourism Organization (ATO) and the International Development Bank (BIDB) in Iraq signed a deal to create a visa-prepaid travel card and finance tourism-boosting efforts in Arab countries, The President of the ATO said that ATO intends to use the Itqan Tourist Development Fund in Jeddah to invest $1 bn in tourism-related initiatives throughout the region over the next two years. (Iraqi News)
Stocks that resumed / will resume trading:
- Modern Animal & Agricultural Production (AMAP) resumed trading on Sep. 14 after holding its AGM on Sep. 5 in which they discussed and approved 2016-2022 annual financial statements and decided to distribute IQD0.00487 cash dividend per share for the years 2015, 2019, and 2022, corresponding to a 0.9% dividend yield.
- Original shares of Al Janoob Islamic Bank (BJAB) resumed trading on Sep. 12 after holding its AGM on Aug. 24 in which they discussed and approved 2022 annual financial statements, increasing the paid-in capital from IQD250.0 bn to IQD510.0 bn through 104% rights issue, and electing four alternative board members.
- Dar Al-Salam for Insurance (NDSA) resumed trading on Sep. 10 after disclosing its 3M23 financial results. Separately, ISX will suspend NDSA starting Oct. 8 due to the AGM that will be held on Oct. 11 to discuss and approve 2022 annual financial statements and dividend distribution.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Al Mustashar Islamic Bank (BMUI) starting Sep. 14 due to the AGM that will be held on Sep. 19 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Al Masherq Al-Arabi Islamic Bank (BAMS) starting Sep. 26 due to the AGM that will be held on Oct. 2 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Rehab Karbala (HKAR) starting Sep. 28 due to the AGM that will be held on Oct. 3 to discuss and approve 2022 annual financial statements, increasing the paid-in capital through rights issue, adopting the cumulative voting method, and electing five original and five alternative board members.
- ISX will suspend trading of Ameen Al-Iraq Islamic Bank (BAME) starting Sep. 24 due to the AGM that will be held on Sep. 28 to discuss and approve 2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Union Bank (BUOI) starting Sep. 24 due to the AGM that will be held on Sep. 28 to discuss and approve 2022 financial statements and electing seven original and seven alternative board members.
- ISX will suspend trading of Region Trade Bank (BRTB) starting Sep. 21 due to the AGM that will be held on Sep. 26 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD250.0 bn to IQD300.0 bn through 20% bonus issue.
- Iraqi Land Transport (SILT) will not be suspended from trading on Sep. 12 due to the postponement of its AGM which was planned to be held on Sep. 17.
- ISX will suspend trading of Gulf Insurance and Reinsurance (NGIR) starting Sep. 21 due to the AGM that will be held on Sep. 26 to discuss and approve 2022 annual financial statements.
- ISX will suspend trading of Al-Mosul for Funfairs (SMOF) starting Sep. 26 due to the AGM that will be held on Sep. 30 to discuss and approve 2022 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD1.50 bn to IQD1.65 bn through 10% bonus issue.
- ISX will suspend trading of Al-Ahlyia for Agricultural Production (AAHP) starting Oct. 5 due to the AGM that will be held on Oct. 10 to discuss and approve the ending year Mar. 31, 2023, dividend distribution, and electing five original and five alternative board members.
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Iraq Stock Market Report
Posted on 01 September 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st August 2023).
Please click here to view a table of listed companies and their associated ticker codes.
Note: ISX will be closed on Sep. 6 (Wednesday) and on Sep. 7 (Thursday) due to the religious holiday of Arbaeen. The next trading session will be held on Sep. 10, 2023 (Sunday).
| RSISX Index Change | |||
| RSISX Index | Closings | Change (w/w) (%) | Change (YTD) (%) |
| RSISX IQD Index | 1,304.0 | -2.5% | 43.2% |
| RSISX USD Index | 1,282.2 | -2.5% | 65.5% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 10,667.0 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 8.1 | # of Traded Companies | 61 |
| Traded Shares (mn)/d | 32,884 | # of Companies (Up) | 35 |
| Total Trades (#/d) | 4,886 | # of Companies (Down) | 18 |
| ISX Mcap (IQD bn) | 17,518 | # of Companies (Not changed) | 8 |
| ISX Mcap ($ mn) | 13,271 | # of Comp. Suspended from Trading (GA) | 3 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 5 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Economy Bank | BEFI | 0.240 | 33.3% | 33.3% |
| AL-Kindi of Veterinary Vac. | IKLV | 1.550 | 19.2% | 10.7% |
| Nationality H. Furniture (NR) | IHFI | 3.250 | 8.3% | 120.3% |
| Iraqi For Tufted Carpets | IITC | 14.900 | 6.4% | 6.4% |
| AL-Badia for General Trans. (UCM) | SBAG | 0.370 | 5.7% | -2.6% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Middle East Investment Bank | BIME | 0.130 | -13.3% | -7.1% |
| Ashour Hotel (NR) | HASH | 12.010 | -13.0% | 29.8% |
| Union Bank | BUOI | 0.300 | -11.8% | 50.0% |
| United Bank | BUND | 0.080 | -11.1% | 33.3% |
| Iraqi Agricultural Products | AIRP | 25.000 | -10.2% | 3.1% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Al-Ataa Islamic Bank (NR) | BLAD | 3,023.2 | 2,290.3 | 28.3% |
| National Bank of Iraq | BNOI | 2,141.9 | 1,622.6 | 20.1% |
| Asiacell Communications PJSC | TASC | 839.9 | 636.3 | 7.9% |
| Bank of Baghdad | BBOB | 670.3 | 507.8 | 6.3% |
| Iraqi for Seed Production | AISP | 626.3 | 474.4 | 5.9% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Banking | 3,127 | 8,015.4 | 6,072.2 | 75.1% | |
| Telecom | 460 | 842.8 | 638.5 | 7.9% | |
| Industry | 727 | 819.2 | 620.6 | 7.7% | |
| Agriculture | 358 | 775.7 | 587.6 | 7.3% | |
| Services | 97 | 124.0 | 93.9 | 1.2% | |
| Hotels&Tourism | 116 | 90.0 | 68.2 | 0.8% | |
| Investment | 1 | 0.0 | 0.0 | 0.0% | |
| Insurance | 0 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 4,886 | 10,667.0 | 8,081.1 | 100.0% | |
ISX Company Announcements
- Baghdad Soft Drinks (IBSD) invited its shareholders to receive their cash dividends for the year 2022 starting Aug. 31. The company decided in its recent AGM (Aug. 8) to distribute IQD0.20 cash dividend per share, corresponding to a 6.2% dividend yield.
- Economy Bank (BEFI) disclosed that there are no fundamental events or new matters that affected the increase in price of the shares.
Stocks that resumed / will resume trading:
- New shares of Ameen Al-Iraq Islamic Bank (BAME) from the capital increase through a 12.4% rights issue to IQD250 bn resumed trading on Aug. 28.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Modern Animal & Agricultural Production (AMAP) starting Aug. 31 due to the AGM that will be held on Sep. 5 to discuss and approve 2016-2022 annual financial statements and dividend distribution.
- ISX will suspend trading of Babylon Hotel (HBAY) starting Sep. 18 due to the AGM that will be held on Sep. 21 to discuss and approve 2022 annual financial statements and distributing IQD2.5 cash dividend per share.
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Iraq Stock Market Report
Posted on 18 August 2023 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th August 2023).
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 | 1,219.8 | 2.9% | 34.0% |
| RSISX USD Index | 1,199.4 | 2.9% | 54.8% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/d | 7,731.0 | # of Listed Companies on the ISX | 103 |
| Trading Vol. ($ mn)/d | 5.9 | # of Traded Companies | 60 |
| Traded Shares (mn)/d | 9,425 | # of Companies (Up) | 20 |
| Total Trades (#/d) | 5,342 | # of Companies (Down) | 25 |
| ISX Mcap (IQD bn) | 17,347 | # of Companies (Not changed) | 15 |
| ISX Mcap ($ mn) | 13,142 | # of Comp. Suspended from Trading (GA) | 1 |
| Market FX Rate*/ CBI Auction Price (IQD/$)** |
1320/
1310 |
# of Comp. Suspended from Trading (ISC) | 5 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Investment Bank of Iraq | BIBI | 0.450 | 45.2% | 60.7% |
| Gulf Commercial Bank | BGUC | 0.210 | 31.3% | 31.3% |
| Ashur International Bank | BASH | 0.530 | 26.2% | 51.4% |
| Iraqi Middle East Investment Bank | BIME | 0.150 | 25.0% | 7.1% |
| Commercial Bank of Iraq | BCOI | 0.870 | 17.6% | 74.0% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Al-Ataa Islamic Bank (NR) | BLAD | 0.130 | -23.5% | -43.5% |
| AL-Kindi of Veterinary Vac. | IKLV | 1.300 | -15.0% | -7.1% |
| Al Taif Islamic Bank | BTIB | 0.750 | -14.8% | -25.0% |
| AHliya For Insurance (NR) | NAHF | 0.350 | -12.5% | -12.5% |
| Iraqi Date Processing & Marketing | IIDP | 1.000 | -8.3% | 2.0% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Iraqi for Seed Production | AISP | 1,432.5 | 1,085.2 | 18.5% |
| Bank of Baghdad | BBOB | 1,169.5 | 886.0 | 15.1% |
| Baghdad Soft Drinks | IBSD | 823.7 | 624.0 | 10.7% |
| Commercial Bank of Iraq | BCOI | 662.2 | 501.7 | 8.6% |
| Credit Bank of Iraq (NR) | BROI | 660.6 | 500.4 | 8.5% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors | |||||
| Sector | No.of Trades/w | Trading Vol. (IQD mn)/w | Trading Vol. ('000 $)/w | Share in Total Trading Vol. (%) | |
| Banking | 3,101 | 3,922.7 | 2,971.7 | 50.7% | |
| Agriculture | 738 | 1,447.9 | 1,096.9 | 18.7% | |
| Industry | 960 | 1,157.3 | 876.8 | 15.0% | |
| Telecom | 232 | 565.6 | 428.5 | 7.3% | |
| Hotels&Tourism | 92 | 447.8 | 339.3 | 5.8% | |
| Services | 214 | 189.5 | 143.5 | 2.5% | |
| Investment | 4 | 0.2 | 0.2 | 0.0% | |
| Insurance | 1 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 5,342 | 7,731.0 | 5,856.8 | 100.0% | |
ISX Company Announcements
- Babil Animal & Vegetable Production (ABAP) opened for trading in the regular market on Aug. 15. The opening price will be free in the first trading session.
- Investment Bank of Iraq (BIBI) fulfilled ISX's request to explain why the prices touched the higher limit on Aug. 13 and Aug. 14. The company disclosed that there were no fundamental events or new matters that affected the price of the shares.
Stocks that resumed / will resume trading:
- Original shares of Al-Ameen Estate Investment (SAEI) resumed trading on Aug. 14 after holding its AGM on Aug. 9 in which they discussed and approved approve 2022 annual financial statements and increasing the paid-in capital to IQD13.0 bn through 86.8% bonus issue.
- Modern Construction Materials Industry (IMCM) resumed trading on Aug. 13 after holding its AGM on Aug. 3 in which they discussed and approved electing four original and four alternative board members.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Al-Mansour Pharmaceuticals Industries (IMAP) starting Aug. 16 due to the AGM that will be held on Aug. 21 to discuss and approve 2022 annual financial statements.
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