Iraq Stock Market Report
Posted on 13 June 2025 .
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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th June 2025.
Please click here to view a table of listed companies and their associated ticker codes.
Note: ISX will be closed on June 15, 2025 (Sunday) due to the national holiday (Eid al-Ghadir). The next trading session will be held on June 16, 2025 (Monday).
| RSISX Index Change | |||
| RSISX Index | Closings | Change (w/w) (%) | Change (YTD) (%) |
| RSISX IQD Index | 2,285.6 | -1.5% | 1.6% |
| RSISX USD Index | 2,247.3 | -1.5% | 1.6% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 2,865.1 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 2.2 | # of Traded Comp. | 41 |
| Traded Shares (mn)/w* | 1,253 | # of Companies (Up) | 21 |
| Total Trades (#/w)* | 1,806 | # of Companies (Down) | 5 |
| ISX Mcap (IQD bn) | 22,672 | # of Companies (Not changed) | 15 |
| ISX Mcap ($ mn) | 17,176 | # of Comp. Suspended from Trading (GA) | 2 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| AL-Wiaam for Financial Inv. (NRM) | VWIF | 0.400 | 8.1% | 8.1% |
| Economy Bank | BEFI | 0.260 | 4.0% | -18.8% |
| Ishtar Hotels | HISH | 9.500 | 2.7% | -5.0% |
| The Light and Mining Ind. (UCM) | ITLI | 1.080 | 1.9% | -0.9% |
| Al-Mansour Bank | BMNS | 1.880 | 0.5% | 20.5% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Trans Iraq Bank for Invest. (NRM) | BTRI | 0.550 | -11.3% | -40.2% |
| Mamoura Real-estate Inv. | SMRI | 4.820 | -10.1% | -28.6% |
| Al-Hilal Industries | IHLI | 2.250 | -10.0% | 9.8% |
| Commercial Islamic Bank of Iraq | BCOI | 0.760 | -7.3% | -5.0% |
| Baghdad Hotel | HBAG | 10.800 | -5.3% | -10.0% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Al-Mansour Bank | BMNS | 749.0 | 567.4 | 26.2% |
| Bank of Baghdad | BBOB | 623.0 | 471.9 | 21.8% |
| Asiacell Communications PJSC | TASC | 456.0 | 345.4 | 15.9% |
| Baghdad Soft Drinks | IBSD | 317.9 | 240.8 | 11.1% |
| Commercial Islamic Bank of Iraq | BCOI | 204.4 | 154.9 | 7.1% |
| 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 | 1,099 | 1,786.4 | 1,353.4 | 62.4% | |
| Telecom | 196 | 456.2 | 345.6 | 15.9% | |
| Industry | 265 | 414.0 | 313.7 | 14.5% | |
| Services | 114 | 110.4 | 83.6 | 3.9% | |
| Agriculture | 91 | 87.4 | 66.2 | 3.1% | |
| Hotels&Tourism | 25 | 6.7 | 5.1 | 0.2% | |
| Insurance | 10 | 2.8 | 2.1 | 0.1% | |
| Investment | 1 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 1,801 | 2,864.0 | 2,169.7 | 100.0% | |
(1) Excluding OTC market
Iraq Stock Exchange
- The Iraqi Securities Commission (ISC) has announced new efforts to enhance the attractiveness of the Iraq Stock Exchange (ISX), focusing on corporate governance and expanding the base of listed companies. ISC board member Wadhah al-Taha noted that the Commission plans to introduce new companies through initial public offerings (IPOs) aimed at encouraging domestic investors to engage with profitable firms that offer regular dividends. (Iraqi Business News)
- ISX suspended trading of the second issuance of Binaa bonds due to the distribution of semi-annual interest.
Stocks that resumed / will resume trading:
- New shares of AHliya For Insurance (NAHF) from the capital increase to IQD9.0 bn through a 28.57% rights issue will resume trading on Jun. 16.
Stocks that were suspended / will be suspended from trading:
- ISX will suspend trading of Dar Al-Salam for Insurance (NDSA) starting Jun. 19 due to the AGM that will be held on Jun. 24 to discuss and approve the 2024 annual financial statements and dividend distribution.
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Posted in Iraq Oil & Gas News Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 06 June 2025 .
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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 5th June 2025.
Please click here to view a table of listed companies and their associated ticker codes.
Note: ISX will be closed starting from Jun. 8, 2025 (Sunday) to Jun. 10, 2025 (Tuesday) due to the religious holiday of Eid Al-Adha. The next trading session will be held on Jun. 11, 2025 (Wednesday).
| RSISX Index Change | |||
| RSISX Index | Closings | Change (w/w) (%) | Change (YTD) (%) |
| RSISX IQD Index | 2,320.3 | -0.8% | 3.1% |
| RSISX USD Index | 2,281.5 | -0.8% | 3.1% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 7,989.7 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 6.1 | # of Traded Comp. | 64 |
| Traded Shares (mn)/w* | 2,934 | # of Companies (Up) | 32 |
| Total Trades (#/w)* | 3,912 | # of Companies (Down) | 15 |
| ISX Mcap (IQD bn) | 23,008 | # of Companies (Not changed) | 17 |
| ISX Mcap ($ mn) | 17,430 | # of Comp. Suspended from Trading (GA) | 2 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Mamoura Real-estate Inv. | SMRI | 5.360 | 19.1% | -20.6% |
| AL-Wiaam for Financial Inv. (NRM) | VWIF | 0.370 | 12.1% | 0.0% |
| Iraqi for Carton Man. | IICM | 1.650 | 10.0% | -9.8% |
| Al-Mansour Bank | BMNS | 1.870 | 7.5% | 19.9% |
| Mosul Bank | BMFI | 0.170 | 6.3% | 0.0% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Babil Animal & Vegetable Prod. | ABAP | 17.340 | -27.8% | -30.4% |
| Trans Iraq Bank for Invest. (NRM) | BTRI | 0.620 | -21.5% | -32.6% |
| Kurdistan Int. Islamic Bank | BKUI | 1.250 | -15.0% | 83.8% |
| Al-Hilal Industries | IHLI | 2.500 | -12.3% | 22.0% |
| Al-Sadeer Hotel | HSAD | 23.000 | -11.5% | -14.8% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Asiacell Communications PJSC | TASC | 2,758.3 | 2,089.6 | 34.7% |
| Al-Mansour Bank | BMNS | 1,469.5 | 1,113.3 | 18.5% |
| Bank of Baghdad | BBOB | 1,316.9 | 997.6 | 16.6% |
| Baghdad Soft Drinks | IBSD | 778.7 | 589.9 | 9.8% |
| National Bank of Iraq | BNOI | 543.9 | 412.1 | 6.8% |
| 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 | 1,832 | 3,639.9 | 2,757.5 | 45.8% | |
| Telecom | 773 | 2,761.8 | 2,092.3 | 34.7% | |
| Industry | 588 | 898.7 | 680.8 | 11.3% | |
| Services | 373 | 430.0 | 325.8 | 5.4% | |
| Agriculture | 203 | 162.3 | 123.0 | 2.0% | |
| Hotels&Tourism | 88 | 60.9 | 46.1 | 0.8% | |
| Insurance | 19 | 1.2 | 0.9 | 0.0% | |
| Investment | 1 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 3,877 | 7,954.8 | 6,026.4 | 100.0% | |
(1) Excluding OTC market
Weekly News from Iraq
- Under the patronage of Mr. Faisal Al-Haimus, Chairman of the Iraqi Securities Commission (ISC), a special ceremony was held on Monday to launch the Environmental and Social Governance Guide. In his speech, Mr. Al-Haimus emphasized that the launch of this guide comes within the framework of the Authority's efforts to promote sustainability principles in the securities market, and in line with global trends towards adopting environmental, social, and governance (ESG) standards in financial institutions and joint-stock companies. (ISC)
- The ISC has approved the request of United Bank (BUND) to have a four-month extension period to add the new shares from the capital increase through a 16.67% rights issue to IQD350.0 bn starting from May 26, 2025.
- Al Taif Islamic Bank (BTIB) decided to extend the subscription on 50.0 bn shares for another 60 days starting May 4, due to the incomplete subscription of the full amount during the first 60 days.
Stocks that resumed / will resume trading:
- Original shares of Commercial Islamic Bank of Iraq (BCOI) resumed trading on Jun. 5 after holding its AGM on May 24 in which they discussed and approved 2024 annual financial statements and increasing the paid-in capital from IQD292.5 bn to IQD327.6 bn through a 12% bonus issue.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Tourist Village of Mosul Dam (HTVM) starting Jun. 5 due to the AGM that will be held on Jun. 13 to discuss and approve the 2024 annual financial statements.
- ISX will suspend trading of Iraqi Agricultural Products (AIRP) starting Jun. 17 due to the AGM that will be held on Jun. 22 to discuss and approve the 2023 annual financial statements and dividend distribution.
- ISX will suspend trading of Al Janoob Islamic Bank (BJAB) starting Jun. 18 due to the AGM that will be held on Jun. 23 to discuss and approve the 2024 annual financial statements and dividend distribution.
- ISX will suspend 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.
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Posted in Iraq Oil & Gas News Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 30 May 2025 .
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Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 29th 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 | 2,338.8 | 3.2% | 4.0% |
| RSISX USD Index | 2,299.7 | 3.2% | 4.0% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 11,587.6 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 8.8 | # of Traded Comp. | 65 |
| Traded Shares (mn)/w* | 6,153 | # of Companies (Up) | 22 |
| Total Trades (#/w)* | 3,894 | # of Companies (Down) | 24 |
| ISX Mcap (IQD bn) | 23,118 | # of Companies (Not changed) | 19 |
| ISX Mcap ($ mn) | 17,513 | # of Comp. Suspended from Trading (GA) | 2 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| AL-Nukhba for Construction | SNUC | 0.790 | 21.5% | 5.3% |
| Ashour Hotel (NRM) | HASH | 25.200 | 20.0% | -3.1% |
| Asiacell Communications PJSC | TASC | 13.400 | 16.5% | 26.4% |
| Iraqi for Carton Man. | IICM | 1.500 | 15.4% | -18.0% |
| AL-Wiaam for Financial Inv. (NRM) | VWIF | 0.330 | 10.0% | -10.8% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Kurdistan Int. Islamic Bank | BKUI | 1.470 | -16.0% | 116.2% |
| Elaf Islamic Bank | BELF | 0.380 | -13.6% | -17.4% |
| National Islamic Bank | BNAI | 0.550 | -9.8% | -9.8% |
| Economy Bank | BEFI | 0.260 | -7.1% | -18.8% |
| Iraqi Agricultural Prod. Mark. Meat | AIPM | 5.110 | -7.1% | -10.4% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Al Taif Islamic Bank | BTIB | 2,970.1 | 2,250.1 | 25.7% |
| Asiacell Communications PJSC | TASC | 2,868.3 | 2,173.0 | 24.8% |
| Bank of Baghdad | BBOB | 1,785.5 | 1,352.6 | 15.5% |
| Baghdad Soft Drinks | IBSD | 1,761.1 | 1,334.2 | 15.2% |
| Al-Mansour Bank | BMNS | 646.7 | 489.9 | 5.6% |
| 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 | 1,741 | 6,284.8 | 4,761.2 | 54.4% | |
| Telecom | 719 | 2,868.7 | 2,173.3 | 24.8% | |
| Industry | 935 | 2,001.4 | 1,516.2 | 17.3% | |
| Agriculture | 198 | 197.8 | 149.8 | 1.7% | |
| Services | 146 | 100.2 | 75.9 | 0.9% | |
| Hotels&Tourism | 83 | 90.8 | 68.8 | 0.8% | |
| Insurance | 40 | 6.8 | 5.1 | 0.1% | |
| Investment | 4 | 0.1 | 0.1 | 0.0% | |
| Grand Total | 3,866 | 11,550.5 | 8,750.4 | 100.0% | |
(1) Excluding OTC market
Iraq Stock Exchange
- A cross transaction occurred on 3.0 bn shares of Al Taif Islamic Bank (BTIB) on May 26, valued at IQD2.97 bn and corresponding to 1.2% of BTIB's capital.
- Iraqi Date Processing and Marketing (IIDP) invited its shareholders who did not receive their cash dividends for the previous fiscal years to go to the company's HQ in order to receive them.
- The ISC approved the request of Iraqi Agricultural Products (AIRP) and Al-Mansour Hotels (HMAN) for an additional extension period of 1 year to submit their 2024 annual financial statements.
- ISX suspended trading of the second issuance of Emaar bonds starting on May 25, 2025, due to distributing semi-annual interest.
Stocks that resumed / will resume trading:
- Asiacell (TASC) resumed trading on May 26 after holding its AGM on May 24 in which they discussed and approved 2024 annual financial statements and decided to distribute IQD1.5 cash dividend per share, corresponding to an 11.5% dividend yield.
- Original shares of Ameen Al-Iraq Islamic Bank (BAME) resumed trading on May 27 after holding its AGM on May 19 in which they discussed and approved increasing the paid-in capital from IQD250.0 bn to IQD400.0 bn through a 60.0% rights issue.
- Gulf Commercial Bank (BGUC) resumed trading on May 28 after holding its AGM on May 23 in which they discussed and approved 2024 annual financial statements and the agreement prepared between BGUC and the Arab Jordan Investment Bank, which includes providing administrative consulting.
- Metallic & Bicycles Industries (IMIB) resumed trading on May 28 after holding its postponed AGM on May 11 in which they discussed and approved 2021, 2022, and 2023 annual financial statements and electing four original and two alternative board members.
- Modern Chemical Industries (IMCI) resumed trading on May 29 after holding its AGM on May 13 in which they discussed and approved the investment contract for a land for a company in Baghdad Governorate, and electing five original and four alternative board members.
Stocks that were suspended / will be suspended from trading:
- ISX will suspend trading of Baghdad Soft Drinks (IBSD) starting Jun. 25 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.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 23 May 2025 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 22nd 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 | 2,267.2 | -0.1% | 0.8% |
| RSISX USD Index | 2,229.3 | -0.1% | 0.8% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 6,414.4 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 4.9 | # of Traded Comp. | 63 |
| Traded Shares (mn)/w* | 3,946 | # of Companies (Up) | 28 |
| Total Trades (#/w)* | 2,255 | # of Companies (Down) | 18 |
| ISX Mcap (IQD bn) | 22,624 | # of Companies (Not changed) | 17 |
| ISX Mcap ($ mn) | 17,139 | # of Comp. Suspended from Trading (GA) | 7 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi for General Transp. (UCM) | SIGT | 0.960 | 20.0% | 26.3% |
| Al-Hilal Industries | IHLI | 2.700 | 17.4% | 31.7% |
| International Dev. Bank (NRM) | BIDB | 1.000 | 13.6% | 13.6% |
| Al-Ameen for Insurance | NAME | 1.050 | 11.7% | 40.0% |
| Elaf Islamic Bank | BELF | 0.440 | 10.0% | -4.3% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| AL-Wiaam for Financial Inv. (NRM) | VWIF | 0.300 | -18.9% | -18.9% |
| Ashour Hotel (NRM) | HASH | 21.000 | -12.5% | -19.2% |
| Sumer Commercial Bank | BSUC | 0.080 | -11.1% | -20.0% |
| Ready Made Clothes | IRMC | 2.700 | -6.9% | -26.0% |
| Rehab Karbala Company | HKAR | 0.700 | -6.7% | -6.7% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Bank of Baghdad | BBOB | 2,040.1 | 1,545.5 | 31.9% |
| Asia Al Iraq Islamic Bank | BAIB | 1,890.0 | 1,431.8 | 29.6% |
| Baghdad Soft Drinks | IBSD | 764.2 | 578.9 | 12.0% |
| Asiacell Communications PJSC | TASC | 518.1 | 392.5 | 8.1% |
| Al-Mansour Bank | BMNS | 307.7 | 233.1 | 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 | 1,247 | 4,670.2 | 3,538.0 | 73.1% | |
| Industry | 502 | 876.9 | 664.3 | 13.7% | |
| Telecom | 138 | 518.1 | 392.5 | 8.1% | |
| Hotels&Tourism | 57 | 174.6 | 132.2 | 2.7% | |
| Agriculture | 142 | 104.3 | 79.0 | 1.6% | |
| Services | 98 | 44.1 | 33.4 | 0.7% | |
| Insurance | 15 | 0.1 | 0.1 | 0.0% | |
| Investment | 9 | 0.1 | 0.0 | 0.0% | |
| Grand Total | 2,208 | 6,388.4 | 4,839.7 | 100.0% | |
(1) Excluding OTC market
Iraq Stock Exchange
- The Iraqi Securities Commission, in cooperation with the General Secretariat of the Council of Ministers, announced the launch of a new electronic service for registering information about joint-stock and brokerage companies through the Republic of Iraq's government services portal, "Ur." (ISC)
- A cross transaction occurred on 1.9 bn shares of Asia Al Iraq Islamic Bank (BAIB) on May 20, valued at IQD1.7 bn and corresponding to 0.8% of BAIB's capital.
- The ISC has approved the request of National Bank of Iraq (BNOI) to have an extension period to add the new shares from the capital increase through a 30.0% bonus issue to IQD520.0 bn until Jun. 15, 2025.
- The ISC has approved the request of Gulf Commercial Bank (BGUC) to have a four-month extension period to add the new shares from the capital increase through a 16.67% rights issue to IQD350.0 bn starting from May 7, 2025.
Stocks that resumed / will resume trading:
- Original shares of Iraqi Islamic Bank (BIIB) resumed trading on May 20 after holding its AGM on May 10 in which they discussed and approved 2024 annual financial statements, 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.
- Al-Ameen Financial Investment (VAMF) resumed trading on May 20 after holding its AGM on May 18 in which they discussed and approved 2024 annual financial statements.
- International Development Bank (BIDB) resumed trading on May 21 after holding its AGM on May 15, in which they discussed and approved 2024 annual financial statements, electing seven original and seven alternative board members, and decided to distribute IQD0.125 cash dividend per share, corresponding to a 12.5% dividend yield.
Stocks that were suspended / will be suspended from trading:
- ISX suspended 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 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 suspended 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.
- ISX will suspend trading of Al-Ameen Insurance (NAME) starting Jun. 19 due to the AGM that will be held on Jun. 24 to discuss and approve the 2023 annual financial statements, dividend distribution, 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 16 May 2025 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 15th May 2025.
Note: ISX is closed on May 15 and May 18, 2025 due to the Arab Summit. The next trading session will be held on May 19, 2025 (Monday).
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 | 2,270.3 | -3.4% | 0.9% |
| RSISX USD Index | 2,232.3 | -3.4% | 0.9% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 6,295.9 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 4.8 | # of Traded Comp. | 57 |
| Traded Shares (mn)/w* | 2,239 | # of Companies (Up) | 22 |
| Total Trades (#/w)* | 3,033 | # of Companies (Down) | 14 |
| ISX Mcap (IQD bn) | 22,743 | # of Companies (Not changed) | 21 |
| ISX Mcap ($ mn) | 17,230 | # of Comp. Suspended from Trading (GA) | 7 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Al-Ahlyia for Agricultural Prod. | AAHP | 2.400 | 19.4% | 128.6% |
| Al-Hilal Industries | IHLI | 2.300 | 14.4% | 12.2% |
| Iraqi for General Transp. (UCM) | SIGT | 0.800 | 12.7% | 5.3% |
| Iraqi for Carton Man. | IICM | 1.200 | 9.1% | -34.4% |
| Bank of Baghdad | BBOB | 4.030 | 5.2% | 12.3% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Engineering Works | IIEW | 4.250 | -14.1% | -52.8% |
| Trans Iraq Bank for Invest. (NRM) | BTRI | 0.840 | -7.7% | -8.7% |
| Mosul Bank | BMFI | 0.150 | -6.3% | -11.8% |
| Modern Animal & Agr. Prod. (UCM) | AMAP | 0.450 | -6.2% | -16.7% |
| Palestine Hotel (UCM) | HPAL | 23.000 | -6.1% | 4.5% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Bank of Baghdad | BBOB | 3,049.6 | 2,310.3 | 48.6% |
| Asiacell Communications PJSC | TASC | 1,102.9 | 835.5 | 17.6% |
| Al-Mansour Bank | BMNS | 638.9 | 484.0 | 10.2% |
| Baghdad Soft Drinks | IBSD | 342.1 | 259.2 | 5.4% |
| Mamoura Real-estate Inv. | SMRI | 256.1 | 194.0 | 4.1% |
| 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 | 1,684 | 4,192.0 | 3,175.7 | 66.7% | |
| Telecom | 361 | 1,103.0 | 835.6 | 17.6% | |
| Industry | 368 | 420.8 | 318.8 | 6.7% | |
| Services | 394 | 388.9 | 294.6 | 6.2% | |
| Agriculture | 148 | 150.8 | 114.3 | 2.4% | |
| Hotels&Tourism | 42 | 24.8 | 18.8 | 0.4% | |
| Insurance | 12 | 0.8 | 0.6 | 0.0% | |
| Investment | 0 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 3,009 | 6,281.0 | 4,758.3 | 100.0% | |
(1) Excluding OTC market
Iraq Stock Exchange
- ISX requested Iraqi Engineering Works (IIEW) to explain why the prices touched the lower limit on May 7 and May 13.
- The Chairman of the Iraqi Securities Commission and the Chairman of the Board of Governors of the Iraq Stock Exchange participated in the Capital Markets Summit, which kicked off on Wednesday in the United Arab Emirates. The summit brought together a select group of heads of regulatory and financial bodies, representatives of financial markets, investors, and experts from various countries in the region and around the world. His Excellency's participation comes within the framework of the Commission and the market's commitment to enhancing regional and international cooperation and exchanging expertise on best regulatory and supervisory practices in the securities sector. It also highlights Iraq's efforts to develop the financial market environment, attract investment, and enhance trading efficiency and transparency.
- Al-Ahlyia for Agricultural Production (AAHP) fulfilled ISX's request to explain why the prices touched the higher limit on May 8 and May 11. 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:
- Bank of Baghdad (BBOB) resumed 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.
- New shares of Investment Bank of Iraq (BIBI) from the capital increase to IQD288.0 bn through a 11.998% bonus issue resumed trading on May 12.
- Original shares of Al Masherq Al-Arabi Islamic Bank (BAMS) resumed trading on May 13 after holding its AGM on May 10, in which they discussed and approved 2024 annual financial statements and increasing the paid-in capital from IQD250.0 bn to IQD293.5 bn through a 17.4% bonus issue.
- Al-Mansour Hotels (HMAN) resumed trading on May 13 after holding its AGM on May 7, in which they discussed and approved 2023 annual financial statements, direct invitations for investment in the hotel, and decided to distribute IQD0.17 cash dividend per share, corresponding to a 0.4% dividend yield.
Stocks that were suspended / will be suspended from trading:
- ISX suspended 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 suspended trading of Al-Ameen Financial Investment (VAMF) starting May 13 due to the AGM that will be held on May 18 to discuss and approve the 2024 annual financial statements and dividend distribution.
- ISX suspended trading of Ameen Al-Iraq Islamic Bank (BAME) starting May 14 due to the AGM that will be held on May 19 to discuss and approve increasing the paid-in capital from IQD250.0 bn to IQD400.0 bn through a 60.0% rights issue. (In its previous AGM, which was held on Oct. 15, 2024, the bank decided to increase its capital from IQD250 bn to IQD353 bn through a 40.0% rights issue and a 1.2% bonus issue, however, it was announced on Feb. 13 that there was no subscription.)
- ISX will suspend trading of Tourist Village of Mosul Dam (HTVM) starting Jun. 10 due to the AGM that will be held on Jun. 13 to discuss and approve the 2024 annual financial statements.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 09 May 2025 .
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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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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 02 May 2025 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 1st 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 | 2,322.8 | 1.1% | 3.3% |
| RSISX USD Index | 2,284.0 | 1.1% | 3.3% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 5,661.7 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 4.3 | # of Traded Comp. | 59 |
| Traded Shares (mn)/w* | 4,106 | # of Companies (Up) | 22 |
| Total Trades (#/w)* | 2,578 | # of Companies (Down) | 18 |
| ISX Mcap (IQD bn) | 22,734 | # of Companies (Not changed) | 19 |
| ISX Mcap ($ mn) | 17,223 | # of Comp. Suspended from Trading (GA) | 6 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Kurdistan Int. Islamic Bank | BKUI | 1.970 | 36.8% | 189.7% |
| Al-Ahlyia for Agricultural Prod. | AAHP | 1.380 | 25.5% | 31.4% |
| Rehab Karbala Company | HKAR | 0.750 | 7.1% | 0.0% |
| Iraqi for General Transp. (UCM) | SIGT | 0.780 | 6.8% | 2.6% |
| Al-Ameen for Insurance | NAME | 0.850 | 6.3% | 13.3% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Elaf Islamic Bank | BELF | 0.400 | -14.9% | -13.0% |
| National Comp. for Met. Ind. M.&B. | IMIB | 1.750 | -14.6% | -27.1% |
| Investment Bank of Iraq | BIBI | 0.250 | -10.7% | -24.2% |
| Al -Khazer for Construction M. | IKHC | 1.400 | -6.7% | -36.4% |
| Iraqi Date Processing & Marketing | IIDP | 2.800 | -6.7% | -15.2% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Bank of Baghdad | BBOB | 1,161.1 | 879.6 | 20.6% |
| Baghdad Hotel | HBAG | 1,012.8 | 767.3 | 17.9% |
| Al-Mansour Bank | BMNS | 629.8 | 477.2 | 11.2% |
| Gulf Commercial Bank | BGUC | 515.1 | 390.3 | 9.1% |
| Asiacell Communications PJSC | TASC | 408.0 | 309.1 | 7.2% |
| 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 | 1,469 | 3,256.9 | 2,467.3 | 57.7% | |
| Hotels&Tourism | 70 | 1,148.7 | 870.3 | 20.4% | |
| Industry | 424 | 500.5 | 379.1 | 8.9% | |
| Telecom | 213 | 408.2 | 309.2 | 7.2% | |
| Agriculture | 198 | 260.4 | 197.3 | 4.6% | |
| Services | 153 | 68.3 | 51.8 | 1.2% | |
| Insurance | 7 | 1.7 | 1.3 | 0.0% | |
| Investment | 1 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 2,535 | 5,644.8 | 4,276.3 | 100.0% | |
(1) Excluding OTC market
Economics
- CBI: Annual inflation in January 2025 decreased to 2.3% from 2.7% in December 2024.
- Central Bank of Iraq's (CBI) net foreign assets realized at $98.0 bn as of Apr. 10, 2025 down by 1.9% since the end of 2024.
- CBI announced February's data for Iraq's banking sector. Accordingly, total assets decreased 0.6% m/m to IQD201.0 trln ($153.4 bn) at end-February 2025, total deposits decreased 0.8% m/m to IQD120.4 trln ($91.9 bn) and total credits decreased by 0.4% m/m to IQD73.3 trln ($56.0 bn) at end-February 2025.
- The capital, Baghdad, hosted the "Innovation Using Data" conference from Dell Technologies, a global technology company, to showcase the latest releases and technologies in modern information systems offered by Dell. Dell experts reviewed the role of technology in leading digital transformation, emphasizing that Iraq is making rapid strides in digital transformation. (NINA)
- Talaat Moustafa Group Holding, the largest real estate development company listed on the Egyptian Stock Exchange, announced on Tuesday that it is in advanced negotiations with the Iraqi government to establish a new urban community in Iraq with expected sales of $17 bn. (Shafaq News)
- The head of the Iraqi Private Banks Association, Wadee Al-Handal, announced on Monday that the Union of Arab Banks will hold its next conference in the capital, Baghdad, under the patronage of Iraqi PM Mohammed S. Al-Sudani, and in cooperation with the Central Bank and the association. (Shafaq News)
- The Iraqi Private Banks Association confirmed on Monday that the Iraqi government has played a major role in achieving public-private partnerships, noting that electronic payments via bank cards have reached more than IQD21.1 trln ($16.0 bn). (INA)
Iraq Stock Exchange
- Iraq's Ministry of Finance announced, on Thursday, the launch of its third national bond issuance for public subscription, with a total value of IQD2.262 trln ($1.7 bn). The Finance Ministry stated in a statement: "The categories offered are: a bond in the category of 500,000 dinars, with an annual interest of 8.0%, paid every six months for two years, and a bond in the category of 1,000,000 dinars, with an annual interest of 10.0%, paid every six months for four years," indicating: "The subscription period runs from April 20 to May 20, 2025." (Shafaq News)
- Faisal Al-Haimus, Chairman of the Iraqi Securities Commission (ISC), received Dr. Wajib Qanso, a member of the Board of Directors of the Lebanese Capital Markets Authority, during an official visit to the Commission's HQ. During the meeting, they discussed ways to exchange expertise and develop the financial markets in Iraq and Lebanon, which would contribute to supporting regional integration and enhancing the performance of Arab markets. (ISC)
- A cross transaction occurred on 76.0 mn shares of Baghdad Hotel (HBAG) on Apr. 29, valued at IQD874.0 mn and corresponding to 1.9% of HBAG's capital.
- According to the ISC decision on Apr. 28, 2025, the ISX will transfer United Bank (BUND) from the Undisclosed Companies Market (UCM) to the Regular Market (RM) starting May 4, 2025.
- The procedures for quoting Dilnia Insurance (NDIL) on the OTC platform with its capital of IQD15.0 bn have been completed based on the instructions of the Securities Commission. The process of creating share certificates for the company's shareholders began on Apr. 29. Trading will be launched after depositing 5% of the capital, or after 21 days from the deposit start date.
- AHliya For Insurance (NAHF) has completed the legal procedures for the capital increase through a 28.57% rights issue to IQD9.0 bn. (In its recent AGM, which was held on Jul. 2, 2024, the company decided to increase the paid-in capital from IQD7.0 bn to IQD15.0 bn through 114.3% rights issue)
- The AGM of Middle East Producing & Marketing - Fish (AMEF) has been postponed to Apr. 29 due to a lack of quorum.
Stocks that resumed / will resume trading:
- Baghdad Hotel (HBAG) resumed 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 Bank of Baghdad (BBOB) starting Apr. 28 due to the AGM that will be held on May 3 to discuss and approve the 2024 annual financial statements and dividend distribution.
- ISX suspended trading of Metallic & Bicycles Industries (IMIB) starting Apr. 28 due to the AGM that will be held on May 4 to discuss and approve 2021, 2022, and 2023 annual financial statements and elect four original and four alternative board members.
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Posted in Investment Comments Off on Iraq Stock Market Report
Iraq Stock Market Report
Posted on 25 April 2025 .
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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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Iraq Stock Market Report
Posted on 18 April 2025 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 17th 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 | 2,350.2 | 3.6% | 4.5% |
| RSISX USD Index | 2,310.9 | 3.6% | 4.5% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 10,956.6 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 8.3 | # of Traded Comp. | 59 |
| Traded Shares (mn)/w* | 4,681 | # of Companies (Up) | 20 |
| Total Trades (#/w)* | 4,799 | # of Companies (Down) | 29 |
| ISX Mcap (IQD bn) | 22,677 | # of Companies (Not changed) | 10 |
| ISX Mcap ($ mn) | 17,180 | # of Comp. Suspended from Trading (GA) | 5 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Investment Bank of Iraq | BIBI | 0.290 | 20.8% | -12.1% |
| Kurdistan Int. Islamic Bank | BKUI | 1.260 | 14.5% | 85.3% |
| Nat. Chem. & Plastic Ind. (UCM) | INCP | 2.520 | 14.5% | 8.6% |
| Iraqi Agricultural Prod. Mark. Meat | AIPM | 5.750 | 13.9% | 0.9% |
| Al Taif Islamic Bank | BTIB | 1.000 | 8.7% | 0.0% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Al -Khazer for Construction M. | IKHC | 1.500 | -9.1% | -31.8% |
| Al-Ahlyia for Agricultural Prod. | AAHP | 1.100 | -9.1% | 4.8% |
| Mansour Hotel | HMAN | 50.000 | -7.4% | 22.0% |
| Rehab Karbala Company | HKAR | 0.700 | -6.7% | -6.7% |
| Al-Ameen for Insurance | NAME | 0.800 | -5.9% | 6.7% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Bank of Baghdad | BBOB | 5,094.3 | 3,859.3 | 46.7% |
| National Bank of Iraq | BNOI | 1,533.4 | 1,161.7 | 14.1% |
| Asiacell Communications PJSC | TASC | 994.9 | 753.7 | 9.1% |
| Al-Mansour Bank | BMNS | 901.4 | 682.9 | 8.3% |
| Baghdad Soft Drinks | IBSD | 589.6 | 446.7 | 5.4% |
| 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 | 3,069 | 8,246.2 | 6,247.1 | 75.6% | |
| Telecom | 358 | 995.6 | 754.3 | 9.1% | |
| Industry | 751 | 863.2 | 653.9 | 7.9% | |
| Agriculture | 233 | 405.4 | 307.1 | 3.7% | |
| Hotels&Tourism | 75 | 257.3 | 194.9 | 2.4% | |
| Services | 205 | 136.7 | 103.6 | 1.3% | |
| Insurance | 21 | 3.8 | 2.9 | 0.0% | |
| Investment | 0 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 4,712 | 10,908.1 | 8,263.7 | 100.0% | |
(1) Excluding OTC market
Iraq Stock Exchange
- On Tuesday, Apr. 15, 2025, the Iraqi Securities Commission (ISC) launched its first Environmental, Social, and Governance (ESG) guide for companies listed on the ISX. This follows nearly a year of joint work and ongoing engagement with the International Finance Corporation (IFC), a member of the World Bank Group. Through this guide, the ISC seeks to institutionalize best practices for environmental, social, and corporate governance (ESG) standards into Iraqi business culture by making implementation mandatory for companies listed on the ISX. Banks listed on the ISX will be subject to the Environmental, Social, and Governance (ESG) Guide issued by the Central Bank. (To view the ESG Guide for companies listed on the ISX, please click here.) (ISC)
- A cross transaction occurred on 340.0 mn shares of Bank of Baghdad (BBOB) on Apr. 15, valued at IQD1.53 bn and corresponding to 0.1% of BBOB's capital.
- Fitch Ratings has affirmed Al-Mansour Bank for Investment PJSC's (BMNS) Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook and its Viability Rating (VR) at 'ccc+'. (Fitch Ratings)
- Fitch Ratings has affirmed Region Trade Bank for Investment and Finance Private Shareholding's (BRTB) Long-Term Issuer Default Rating (IDR) at 'CCC+' and Viability Rating (VR) at 'ccc+'. (Fitch Ratings)
- The procedures for quoting The Iraqi Company for Deposit Insurance (FIDI) on the OTC platform with its capital of IQD100.0 bn have been completed based on the instructions of the Securities Commission. The process of creating share certificates for the company's shareholders began on Apr. 13. Trading will be launched after depositing 5% of the capital, or after 21 days from the depositing start date.
- The procedures for quoting Sama Baghdad Exchange (FSBE) on the OTC platform with its capital of IQD10.02 bn have been completed based on the instructions of the Securities Commission. The process of creating share certificates for the company's shareholders began on Apr. 13. Trading will be launched after depositing 5% of the capital, or after 21 days from the depositing start date.
- The ISC approved the request of Iraqi Agricultural Products Marketing Meat (AIPM), Baghdad Hotel (HBAG), Ashour Hotel (HASH), Ishtar Hotels (HISH), and Iraqi Carton Manufacturies (IICM) for an additional extension period of 1 year to submit their 2024 annual financial statements.
Stocks that resumed / will resume trading:
- Original shares of National Islamic Bank (BNAI) resumed trading on Apr. 14 after holding its AGM on Mar. 27 in which they discussed and approved 2024 annual financial statements and increasing the paid-in capital from IQD351.0 bn to IQD400.0 bn through a 12.54% rights issue and a 1.42% bonus issue.
- Al-Hamraa for Insurance (NHAM) will resume trading on Apr. 20 after holding its AGM on Apr. 14 in which they discussed and approved the 2023 annual financial statements.
Stocks that were suspended / will be suspended from trading:
- ISX suspended trading of Al-Hamraa for Insurance (NHAM) starting Apr. 13 due to the AGM that will be held on Apr. 14 to discuss and approve the 2023 annual financial statements.
- ISX suspended trading of Ishtar Hotels (HISH) starting Apr. 13 due to the AGM that will be held on Apr. 16 to discuss and approve the 2021 & 2022 annual financial statements.
- ISX suspended trading of Baghdad Hotel (HBAG) starting Apr. 16 due to the AGM that will be held on Apr. 21 to discuss and approve the letter of Jamal Al-Widyan Tourism Investments Company (the investing company of the Baghdad Hotel) regarding the rehabilitation of the hotel.
- ISX suspended trading of Middle East Producing & Marketing - Fish (AMEF) starting Apr. 17 due to the AGM that will be held on Apr. 22 to discuss and approve electing five original and five alternative board members.
- ISX will suspend trading of Al-Ameen Financial Investment (VAMF) starting May 13 due to the AGM that will be held on May 18 to discuss and approve the 2024 annual financial statements and dividend distribution.
- ISX will suspend trading of Ameen Al-Iraq Islamic Bank (BAME) starting May 14 due to the AGM that will be held on May 19 to discuss and approve increasing the paid-in capital from IQD250.0 bn to IQD400.0 bn through a 60.0% rights issue. (In its previous AGM, which was held on Oct. 15, 2024, the bank decided to increase its capital from IQD250 bn to IQD353 bn through a 40.0% rights issue and a 1.2% bonus issue, however, it was announced on Feb. 13 that there was no subscription.)
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Iraq Stock Market Report
Posted on 11 April 2025 .
Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 10th 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 | 2,268.7 | 0.6% | 0.9% |
| RSISX USD Index | 2,230.7 | 0.6% | 0.9% |
| ISX Market Summary of This Week | |||
| Trading Vol. (IQD mn)/w* | 8,727.3 | # of Comp. Listed on the ISX /
# of Comp. on the OTC Market |
104
/ 11 |
| Trading Vol. ($ mn)/w* | 6.6 | # of Traded Comp. | 52 |
| Traded Shares (mn)/w* | 3,679 | # of Companies (Up) | 20 |
| Total Trades (#/w)* | 3,722 | # of Companies (Down) | 23 |
| ISX Mcap (IQD bn) | 22,217 | # of Companies (Not changed) | 9 |
| ISX Mcap ($ mn) | 16,831 | # of Comp. Suspended from Trading (GA) | 2 |
| Market FX Rate**/ CBI Auction Price (IQD/$)*** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) | 8 |
* Including OTC market
** Selling price of the dollar by banks and non-bank financial institutions to the final beneficiary
*** Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Mansour Hotel | HMAN | 54.000 | 35.0% | 31.7% |
| Kurdistan Int. Islamic Bank | BKUI | 1.100 | 22.2% | 61.8% |
| National Company for Tourism Inv. | HNTI | 11.000 | 9.9% | 4.8% |
| Palestine Hotel (UCM) | HPAL | 20.200 | 8.6% | -8.2% |
| Al-Sadeer Hotel | HSAD | 26.000 | 8.3% | -3.7% |
| Top 5 Losers - Weekly | ||||
| Company Names | ISX Code | Closing Price(IQD) | Price Change (w/w) | Price Chg. (YTD) |
| Iraqi Engineering Works | IIEW | 6.000 | -17.8% | -33.3% |
| National Comp. for Met. Ind. M.&B. | IMIB | 1.920 | -14.3% | -20.0% |
| Iraqi Middle East Investment Bank | BIME | 0.070 | -12.5% | -12.5% |
| Baghdad Passengers Transport | SBPT | 33.300 | -10.0% | -13.5% |
| Trans Iraq Bank for Invest. (NRM) | BTRI | 0.910 | -9.0% | -1.1% |
| Top 5 Active by Weekly Trading Volume | ||||
| Company Names | ISX Code | Trading Vol. (IQDmn)/d | Trading Vol. ($'000)/d | Share in Total Trad. Vol.(%) |
| Bank of Baghdad | BBOB | 3,505.1 | 2,655.4 | 40.2% |
| Baghdad Soft Drinks | IBSD | 1,282.8 | 971.9 | 14.7% |
| Al-Mansour Bank | BMNS | 772.2 | 585.0 | 8.9% |
| National Bank of Iraq | BNOI | 715.5 | 542.0 | 8.2% |
| Mansour Hotel | HMAN | 450.7 | 341.5 | 5.2% |
| 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 | 2,252 | 5,715.1 | 4,329.6 | 65.6% | |
| Industry | 701 | 1,620.1 | 1,227.4 | 18.6% | |
| Hotels&Tourism | 158 | 658.4 | 498.8 | 7.6% | |
| Telecom | 265 | 363.2 | 275.1 | 4.2% | |
| Agriculture | 153 | 228.8 | 173.3 | 2.6% | |
| Services | 161 | 129.1 | 97.8 | 1.5% | |
| Insurance | 12 | 1.8 | 1.4 | 0.0% | |
| Investment | 0 | 0.0 | 0.0 | 0.0% | |
| Grand Total | 3,702 | 8,716.4 | 6,603.4 | 100.0% | |
(1) Excluding OTC market
Iraq Stock Exchange
- A cross transaction occurred on 231.0 mn shares of Bank of Baghdad (BBOB) on Apr. 10, valued at IQD993.3 mn and corresponding to 0.1% of BBOB's capital.
- Fitch Ratings has affirmed Iraqi Islamic Bank for Investment & Development's (BIIB) Long-Term Issuer Default Rating (IDR) at 'CCC+' and Viability Rating (VR) at 'ccc+'. (Fitch Ratings)
- Iraqi for Seed Production (AISP) invited its shareholders to receive their cash dividends for the fiscal year 2021, starting Apr. 8, 2025. The company decided in its recent AGM (Mar. 2, 2025) to distribute IQD14.0 bn dividend in total.
- Ready Made Clothes (IRMC) invited its shareholders to receive their cash dividends for the fiscal year 2022 & 2023, at Iraqi Islamic Bank (BIIB)'s HQ from 10:00 AM to 1:00 PM. The company decided in its recent AGM (Oct. 31, 2024) to distribute IQD0.04 cash dividend per share, corresponding to a 1.1% dividend yield.
- Hammurabi Commercial Bank (BHAM) started trading in the OTC on Apr. 7 after completing the procedures for registering the shareholders' shares and depositing a percentage exceeding 43% of the company's capital.
- The ISC approved the request of Iraqi Engineering Works (IIEW) for an additional extension period of 1 year to submit its 2024 annual financial statements.
- The ISC approved the request of Metallic & Bicycles Industries (IMIB) for an additional extension period of 1 year to submit its 2024 annual financial statements.
- ISX suspended trading of the first issuance of Emaar bonds starting on Apr. 6, 2025, due to distributing semi-annual interest.
- ISX suspended trading of the third issuance of Enjaz bonds starting on Apr. 9, 2025, due to distributing semi-annual interest. ISX suspended trading of the first issuance of Enjaz bonds starting on Apr. 10, 2025, due to distributing semi-annual interest.
Stocks that resumed / will resume trading:
- Iraqi Agricultural Products (AIRP) resumed 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 National Bank of Iraq (BNOI) resumed trading on Apr. 9 after holding its AGM on Mar. 27 in which they discussed and approved 2024 annual financial statements, 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, decided to distribute IQD0.20 cash dividend per share, corresponding to a 4.9% dividend yield, financing the opening of 6 new branches, and electing nine original and nine alternative board members.
Stocks that were suspended / will be suspended from trading:
- ISX will suspend trading of Ishtar Hotels (HISH) starting Apr. 13 due to the AGM that will be held on Apr. 16 to discuss and approve the 2021 & 2022 annual financial statements.
- ISX will suspend trading of Al-Hamraa for Insurance (NHAM) starting Apr. 13 due to the AGM that will be held on Apr. 14 to discuss and approve the 2023 annual financial statements.
- ISX will suspend trading of Baghdad Hotel (HBAG) starting Apr. 16 due to the AGM that will be held on Apr. 21 to discuss and approve the letter of Jamal Al-Widyan Tourism Investments Company (the investing company of the Baghdad Hotel) regarding the rehabilitation of the hotel.
- ISX will suspend trading of Middle East Producing & Marketing - Fish (AMEF) starting Apr. 17 due to the AGM that will be held on Apr. 22 to discuss and approve electing five original and five alternative board members.
- ISX will suspend 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.
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