Tag Archives | Iraq Stock Exchange

TBI Boss to Head Iraq Securities Commission

By John Lee. The Chairman of the state-owned Trade Bank of Iraq (TBI) has been chosen as the new head of the Iraq Securities Commission (ISC). Faisal Al-Haimus (pictured) will take over from Dr. Alaa Abdulhussein Al-Saeidi as Chairman of the regulator. Grant Felgenhauer, Managing Partner at Euphrates Advisors, an investor on the Iraq Stock […]

Budget Surplus Soars, but Markets continue to Bottom

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market followed through with its longer-term bottoming process as the July interim bottom was tested this month. After having rallied 14.5% in July from […]

Zain Iraq to start Trading soon on ISX

By John Lee. Reuters reports that Zain Iraq will list on the Baghdad Stock Exchange (ISX) on 23rd June. Under the terms of its 15-year licence awarded in 2007, the company, along with Iraq's two other mobile phone firms, was required to float at least a quarter of its shares on the ISX by August […]

Zain Iraq Applies for Share Listing

By John Lee. Zain Iraq has applied for a listing on the Baghdad stock exchange (ISX). As part of their 15-year licences awarded in 2007, Iraq’s three mobile network operators -- Zain, Asiacell and Korek -- were required to float at least a quarter of their shares and join the Iraq Stock Exchange (ISX) by […]

NASDAQ Launches New Tech for ISX

By John Lee. Nasdaq and the Iraq Stock Exchange (ISX) have announced today the successful on-schedule go-live of the X-stream Trading technology, which replaced the existing Horizon platform. Nasdaq has delivered trading technology to ISX since 2007. The X-stream Trading upgrade provides ISX with a widely deployed high-end, multi-asset trading platform that complies with international […]

Iraq Stock Market Report

Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th January 2012). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,363 / $1,495, -6.4% (weekly change). The number of weekly traded shares was 6.4 bn and the weekly trading volume […]

Iraq Mobile Telcos Unlikely to Make IPO Deadline

Iraq's three main mobile phone companies - Zain Iraq, Asiacell and Korek - appear unlikely to meet a month-end deadline to list on the local stock exchange, raising the chances of them being penalised, according to Reuters. The companies are required by Iraqi law to launch initial public offerings on the Iraq Stock Exchange (ISX) by […]

Iraq Stock Exchange Ties Up with DirectFN

The Iraq Stock Exchange has announced that it has launched the dissemination of real time and delayed Iraq Stock Exchange (ISX) market data in conjunction with DirectFN, popularly known as Mubasher in the Middle East. The launch is part of the ISX plan to allow local and foreign investors to view real-time stock prices for […]

New Iraq-Focused Equity Fund

Global Capital Investments, of Illinois, has created a private investment fund for sophisticated investors who wish to invest in the long-term growth potential of the emerging Iraqi economy. The objective of the fund is to seek long-term capital appreciation over a broad range of Iraqi listed securities, a small number of private investments and Iraqi […]