Iraq Stock Market Report
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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st March 2015).
Please click here to download a table of listed companies and their associated ticker codes.
The RSISX index ended the week at ID1,215 (+14.8%) / $1,275 (14.8%) (weekly change) ) (-12.8% and -14.0% YTD change, respectively). The number of week traded shares was 29.8bn and the weekly trading volume was IQD19.8bn ($18.0mn).
ISX Company Announcements
Iraqi for Seed Production (AISP) will hold its AGM* on Apr. 6, 2015 to discuss and approve annual financial results (annual period of AISP is ended on March 31, 2014), increasing its capital through bonus issue, distributing cash dividend, closing all of the remaining deficit and closing the cash & inventory differences (war damages). ISX will suspend trading of AISP starting on Mar. 30, 2015.
Trans Iraq Bank for Investment (BTRI) will hold its AGM* on Apr. 1, 2015 to discuss and approve 2014 annual financial results, increasing the capital from IQD250bn to IQD264bn through 5.6% bonus issue and distributing cash dividend.
Original shares of AL- Kindi of Veterinary Vaccine (IKLV) will resume trading on Mar. 22, 2015 after they approved 2013 annual financial results, increasing its capital from IQD5.40bn to IQD5.94bn through 10% bonus issue and electing new board members.
Shares of AHliya For Insurance (NAHF) will resume trading on Mar. 22, 2015 after they approved 2012 & 2013 annual financial results.
AL-Nukhba for Construction (SNUC) will hold its AGM* on Mar. 25, 2015 to discuss and approve 2013 annual financial results, increasing the capital through rights issue and distributing cash dividend. ISX suspended trading of SNUC starting on Mar. 18, 2015.
A cross transaction occurred on IQD42.4mn Al-Sadeer Hotel (HSAD) shares on Mar. 18, 2015, corresponding to 3.4% of HSAD capital. A cross transaction occurred on IQD12.4bn Commercial Bank of Iraq (BCOI) shares on Mar. 16, 2015, corresponding to 5.0% of BCOI capital. A cross transaction occurred on IQD10bn North Bank (BNOR) shares on Mar. 16, 2015, corresponding to 3.3% of BNOR capital.
Iraq Registrar of Companies approved the decisions of Modern Animal & Agricultural Production (AMAP) including increasing the capital to IQD3.9bn through 8.5% bonus issue.
ISC has approved to extend 15 more days for Ishtar Hotels (HISH) for its new shares to resume trading from the capital increase through 50% bonus issue.
Modern Paint Industries (IMPI) will hold its AGM* on Mar. 23, 2015 to discuss and approve 2013 annual financial results, reconsidering the investment file of the company which was discussed last year, closing the deficit from the available reserves and electing new board members. ISX suspended trading of IMPI starting on Mar. 16, 2015.
Babylon Bank (BBAY) will hold its AGM* on Mar. 21, 2015 to discuss increasing the capital from IQD178.9bn to IQD250bn through rights and bonus issues. ISX suspended trading of BBAY starting on Mar. 16, 2015.
Al-Mansour Bank (BMNS) will hold its AGM* on Mar. 22, 2015 to discuss and approve 2014 annual financial results, distributing cash dividend and electing new board members. ISX suspended trading of BMNS starting on Mar. 15, 2015.
Subscription on Kharkh Tour Amuzement City (SKTA) shares had started on Feb. 19, 2015 to increase the capital to IQD1.0bn; however it has not been fully subscribed in SKTA shares in 21 days period. Number of subscribed shares by SKTA shareholders was 403,562,367, while the rest 96,437,633 shares were subscribed by the public.
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Advertising Feature
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st March 2015).
Please click here to download a table of listed companies and their associated ticker codes.
The RSISX index ended the week at ID1,215 (+14.8%) / $1,275 (14.8%) (weekly change) ) (-12.8% and -14.0% YTD change, respectively). The number of week traded shares was 29.8bn and the weekly trading volume was IQD19.8bn ($18.0mn).
ISX Company Announcements
Iraqi for Seed Production (AISP) will hold its AGM* on Apr. 6, 2015 to discuss and approve annual financial results (annual period of AISP is ended on March 31, 2014), increasing its capital through bonus issue, distributing cash dividend, closing all of the remaining deficit and closing the cash & inventory differences (war damages). ISX will suspend trading of AISP starting on Mar. 30, 2015.
Trans Iraq Bank for Investment (BTRI) will hold its AGM* on Apr. 1, 2015 to discuss and approve 2014 annual financial results, increasing the capital from IQD250bn to IQD264bn through 5.6% bonus issue and distributing cash dividend.
Original shares of AL- Kindi of Veterinary Vaccine (IKLV) will resume trading on Mar. 22, 2015 after they approved 2013 annual financial results, increasing its capital from IQD5.40bn to IQD5.94bn through 10% bonus issue and electing new board members.
Shares of AHliya For Insurance (NAHF) will resume trading on Mar. 22, 2015 after they approved 2012 & 2013 annual financial results.
AL-Nukhba for Construction (SNUC) will hold its AGM* on Mar. 25, 2015 to discuss and approve 2013 annual financial results, increasing the capital through rights issue and distributing cash dividend. ISX suspended trading of SNUC starting on Mar. 18, 2015.
A cross transaction occurred on IQD42.4mn Al-Sadeer Hotel (HSAD) shares on Mar. 18, 2015, corresponding to 3.4% of HSAD capital. A cross transaction occurred on IQD12.4bn Commercial Bank of Iraq (BCOI) shares on Mar. 16, 2015, corresponding to 5.0% of BCOI capital. A cross transaction occurred on IQD10bn North Bank (BNOR) shares on Mar. 16, 2015, corresponding to 3.3% of BNOR capital.
Iraq Registrar of Companies approved the decisions of Modern Animal & Agricultural Production (AMAP) including increasing the capital to IQD3.9bn through 8.5% bonus issue.
ISC has approved to extend 15 more days for Ishtar Hotels (HISH) for its new shares to resume trading from the capital increase through 50% bonus issue.
Modern Paint Industries (IMPI) will hold its AGM* on Mar. 23, 2015 to discuss and approve 2013 annual financial results, reconsidering the investment file of the company which was discussed last year, closing the deficit from the available reserves and electing new board members. ISX suspended trading of IMPI starting on Mar. 16, 2015.
Babylon Bank (BBAY) will hold its AGM* on Mar. 21, 2015 to discuss increasing the capital from IQD178.9bn to IQD250bn through rights and bonus issues. ISX suspended trading of BBAY starting on Mar. 16, 2015.
Al-Mansour Bank (BMNS) will hold its AGM* on Mar. 22, 2015 to discuss and approve 2014 annual financial results, distributing cash dividend and electing new board members. ISX suspended trading of BMNS starting on Mar. 15, 2015.
Subscription on Kharkh Tour Amuzement City (SKTA) shares had started on Feb. 19, 2015 to increase the capital to IQD1.0bn; however it has not been fully subscribed in SKTA shares in 21 days period. Number of subscribed shares by SKTA shareholders was 403,562,367, while the rest 96,437,633 shares were subscribed by the public.
[You must be registered and logged in to see this link.]