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Iraq Stock Market Report
August 3, 2015 in Investment
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th July 2015).
Please click here to download a table of listed companies and their associated ticker codes.
The RSISX index ended the week at ID1,271 (-4.5%) / $1,319 (-4.3%) (weekly change) (-8.8% and -11.0% YTD change, respectively). The number of week traded shares was 10.3bn and the weekly trading volume was IQD12.9bn ($10.3mn).
ScreenHunter_1924 Aug. 03 10.35
ISX Company Announcements
The Central Bank of Iraq (CBI) will issue bonds with US dollar on behalf of finance ministry on August 2nd, 2015 up to August 31st, 2015 with publishing four categories ($ 2,500-10,000-50,000-100,000) with a total of $2bn. The bonds are going to be sold through CBI with equivalent IQD, at FX rate IQD 1095 – for every dollar and they are going to be paid by the Finance Ministry on December 31st, 2016 (at maturity) in US dollar.
Middle East for Prod. Fish (AMEF) will resume trading on Aug. 4, 2015 after they approved the financial results of the financial year ended on Mar. 31, 2015 and distributing 25% cash dividend (IQD0.25 price per share). The opening price will be IQD7.11 per share with +/-10% limit for the first session.
Iraqi Date Processing & Marketing (IIDP) will hold its AGM* on Aug. 9, 2015 to discuss and approve 2014 annual financial results, covering some of the accumulated deficit from the available reserves. ISX will suspend trading of IIDP starting on Aug. 3, 2015.
Kurdistan Int. Bank (BKUI) will hold its AGM* on Aug. 8, 2015 to discuss and approve 2014 annual financial results and distributing cash dividend. ISX will suspend trading of BKUI starting on Aug. 3, 2015.
National Bank of Iraq (BNOI) will resume trading on Aug. 3, 2015 after they approved 2014 annual financial results and distributing 2% cash dividend (IQD0.02 price per share). The opening price will be IQD0.79 per share with +/-10% limit for the first session.
Al-Ahlyia for Agricultural Production (AAHP) will hold its AGM* on Aug. 5, 2015 to discuss and approve financial results of the financial year ended on Mar. 31, 2015, covering some of the deficit from the achieved accumulated reserves and borrowing IQD1bn to cover the cost of a forage project. ISX suspended trading of AAHP starting on Jul. 29, 2015.
Ready Made Clothes (IRMC) will hold its AGM* on Aug. 4, 2015 to discuss and approve 2014 annual financial results and covering 50% (corresponding to IQD139mn) of the accumulated deficit from the available reserves. ISX suspended trading of IRMC starting on Jul. 28, 2015.
Iraqi for Tufted Carpets (IITC) invited its shareholders to visit the company’s headquarters to receive cash dividends from the profits of the year 2014.
Three cross transactions occurred on 7.5bn National Islamic Bank (BNAI) shares on Jul. 26, Jul. 27 and Jul. 28, 2015). These three transactions represent 3.0% of BNAI capital. A cross transaction occurred on 75mn Iraqi for General Transportation (SIGT) shares on Jul. 26, 2015. This represents 1.9% of SIGT capital.
Original shares of Dar Al-Salam for Insurance (NDSA) resumed trading on Jul. 26, 2015 after they approved 2014 annual financial results, increasing its capital from IQD3.190bn to IQD3.509bn through 10% bonus issue.
Ashur Bank (BASH) resumed trading on Jul. 26, 2015 after they approved 2014 annual financial results and distributing 3.9% cash dividend (IQD0.039 price per share).
ISX has asked to produce offers for online stock trading system according to the investing instructions through an exclusive contract with a technical specification.
[You must be registered and logged in to see this link.]
August 3, 2015 in Investment
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th July 2015).
Please click here to download a table of listed companies and their associated ticker codes.
The RSISX index ended the week at ID1,271 (-4.5%) / $1,319 (-4.3%) (weekly change) (-8.8% and -11.0% YTD change, respectively). The number of week traded shares was 10.3bn and the weekly trading volume was IQD12.9bn ($10.3mn).
ScreenHunter_1924 Aug. 03 10.35
ISX Company Announcements
The Central Bank of Iraq (CBI) will issue bonds with US dollar on behalf of finance ministry on August 2nd, 2015 up to August 31st, 2015 with publishing four categories ($ 2,500-10,000-50,000-100,000) with a total of $2bn. The bonds are going to be sold through CBI with equivalent IQD, at FX rate IQD 1095 – for every dollar and they are going to be paid by the Finance Ministry on December 31st, 2016 (at maturity) in US dollar.
Middle East for Prod. Fish (AMEF) will resume trading on Aug. 4, 2015 after they approved the financial results of the financial year ended on Mar. 31, 2015 and distributing 25% cash dividend (IQD0.25 price per share). The opening price will be IQD7.11 per share with +/-10% limit for the first session.
Iraqi Date Processing & Marketing (IIDP) will hold its AGM* on Aug. 9, 2015 to discuss and approve 2014 annual financial results, covering some of the accumulated deficit from the available reserves. ISX will suspend trading of IIDP starting on Aug. 3, 2015.
Kurdistan Int. Bank (BKUI) will hold its AGM* on Aug. 8, 2015 to discuss and approve 2014 annual financial results and distributing cash dividend. ISX will suspend trading of BKUI starting on Aug. 3, 2015.
National Bank of Iraq (BNOI) will resume trading on Aug. 3, 2015 after they approved 2014 annual financial results and distributing 2% cash dividend (IQD0.02 price per share). The opening price will be IQD0.79 per share with +/-10% limit for the first session.
Al-Ahlyia for Agricultural Production (AAHP) will hold its AGM* on Aug. 5, 2015 to discuss and approve financial results of the financial year ended on Mar. 31, 2015, covering some of the deficit from the achieved accumulated reserves and borrowing IQD1bn to cover the cost of a forage project. ISX suspended trading of AAHP starting on Jul. 29, 2015.
Ready Made Clothes (IRMC) will hold its AGM* on Aug. 4, 2015 to discuss and approve 2014 annual financial results and covering 50% (corresponding to IQD139mn) of the accumulated deficit from the available reserves. ISX suspended trading of IRMC starting on Jul. 28, 2015.
Iraqi for Tufted Carpets (IITC) invited its shareholders to visit the company’s headquarters to receive cash dividends from the profits of the year 2014.
Three cross transactions occurred on 7.5bn National Islamic Bank (BNAI) shares on Jul. 26, Jul. 27 and Jul. 28, 2015). These three transactions represent 3.0% of BNAI capital. A cross transaction occurred on 75mn Iraqi for General Transportation (SIGT) shares on Jul. 26, 2015. This represents 1.9% of SIGT capital.
Original shares of Dar Al-Salam for Insurance (NDSA) resumed trading on Jul. 26, 2015 after they approved 2014 annual financial results, increasing its capital from IQD3.190bn to IQD3.509bn through 10% bonus issue.
Ashur Bank (BASH) resumed trading on Jul. 26, 2015 after they approved 2014 annual financial results and distributing 3.9% cash dividend (IQD0.039 price per share).
ISX has asked to produce offers for online stock trading system according to the investing instructions through an exclusive contract with a technical specification.
[You must be registered and logged in to see this link.]
