(MENAFN- Iraq Business News) Advertising Feature
Rabee Securities Iraq stock exchange (ISX) market report (trading week ending: 6th June 2024).
Please click here to view a table of listed companies and their associated ticker codes.
| RSISX index Change |
|
|
|
| RS ISX Index |
Closings |
Change (w/w) (%) |
Change (YTD) (%) |
| RSISX IQD Index |
1,757.4 |
-1.2% |
13.1% |
| RSISX USD Index |
1,728.0 |
-1.2% |
13.1% |
| ISX Market Summary of This Week |
| Trading Vol. (IQD mn)/d |
6,066.7 |
# of Listed Companies on the ISX |
103 |
| Trading Vol. ($ mn)/d |
4.6 |
# of Traded Companies |
65 |
| Traded Shares (mn)/d |
5,697 |
# of Companies (Up) |
29 |
| Total Trades (#/d) |
3,532 |
# of Companies (Down) |
15 |
| ISX Mcap (IQD bn) |
19,746 |
# of Companies (Not changed) |
21 |
| ISX Mcap ($ mn) |
14,959 |
# of Comp. Suspended from Trading (GA) |
8 |
Market FX Rate*/
CBI Auction Price (IQD/$)** |
1320
/ 1310 |
# of Comp. Suspended from Trading (ISC) |
2 |
*Selling price of the dollar from banks and non-bank financial institutions to the final beneficiary
**Selling price of the dollar by the CBI to the banks
| Top 5 Gainers - Weekly |
|
|
|
|
| Company Names |
ISX Code |
Closing Price(IQD) |
Price Change (w/w) |
Price Chg. (YTD) |
| Iraqi for Carton Man. (UCM) |
IICM |
1.260 |
14.5% |
21.2% |
| Iraqi Middle East Investment Bank |
BIME |
0.120 |
9.1% |
0.0% |
| Al-Hilal Industries (UCM) |
IHLI |
1.090 |
9.0% |
21.1% |
| The Light and Mining Ind. (UCM) |
ITLI |
0.750 |
8.7% |
7.1% |
| Al-Ameen for Insurance |
NAME |
0.650 |
8.3% |
18.2% |
| |
|
|
|
|
| Top 5 Losers - Weekly |
|
|
|
|
| Company Names |
ISX Code |
Closing Price(IQD) |
Price Change (w/w) |
Price Chg. (YTD) |
| Gulf Commercial Bank |
BGUC |
0.340 |
-17.1% |
88.9% |
| Elaf Islamic Bank |
BELF |
0.400 |
-14.9% |
-27.3% |
| Babylon Bank (UCM) |
BBAY |
0.070 |
-12.5% |
-12.5% |
| Modern Construction Mat. (UCM) |
IMCM |
0.530 |
-11.7% |
-10.2% |
| International Islamic Bank (NRM) |
BINT |
0.350 |
-10.3% |
-86.5% |
| |
|
|
|
|
| Top 5 Active by Weekly Trading Volume |
|
|
|
| Company Names |
ISX Code |
Trading Vol. (IQDmn)/d |
Trading Vol. ($'000)/d |
Share in Total Trad. Vol.(%) |
| Asiacell Communications PJSC |
TASC |
1,172.2 |
888.0 |
19.3% |
| Bank of Baghdad |
BBOB |
818.3 |
619.9 |
13.5% |
| Al-Mansour Bank |
BMNS |
704.1 |
533.4 |
11.6% |
| National Bank of Iraq |
BNOI |
441.0 |
334.1 |
7.3% |
| Ishtar Hotels |
HISH |
440.3 |
333.6 |
7.3% |
| Distribution of No. of Weekly Trades and Trading Vol. by Sectors |
|
| Sector |
No Trades/w |
Trading Vol. (IQD mn)/w |
Trading Vol. ('000 $)/w |
Share in Total Trading Vol. (%) |
| Banking |
1,977 |
3,092.1 |
2,342.5 |
51.0% |
| Telecom |
597 |
1,172.2 |
888.0 |
19.3% |
| Industry |
452 |
729.5 |
552.7 |
12.0% |
| Hotels&Tourism |
214 |
680.3 |
515.4 |
11.2% |
| Services |
128 |
259.4 |
196.5 |
4.3% |
| Agriculture |
148 |
130.4 |
98.8 |
2.1% |
| Insurance |
9 |
2.7 |
2.0 |
0.0% |
| Investment |
7 |
0.1 |
0.1 |
0.0% |
| Grand Total |
3,532 |
6,066.7 |
4,595.9 |
100.0% |
| |
|
|
|
|
|
Iraq Stock Exchange
Asiacell (TASC) and Baghdad Soft Drinks (IBSD) announced on May 30 that there was a delay in announcing their 2023 audited financial results. The delay occurred because of new regulations issued by the Board of Monitoring and Auditing Profession. Both companies announced that they will not be able to submit 2023 audited financial results until they find an eligible auditor who meets the required qualifications.
National Bank of Iraq (BNOI) confirmed on Thursday that it does not deal with companies that the CBI has stopped from entering the window for buying and selling foreign currency, pointing out that this comes in compliance with international standards to combat money laundering. (Shafaq News)
According to the ISC decision on Jun. 3, the ISX will transfer National Chemical & Plastic Industries (INCP) from the undisclosed capital market (UCM) to the regular market (RM) starting Jun. 9, 2024.
Stocks that resumed / will resume trading:
Al Janoob Islamic Bank (BJAB) resumed trading on Jun. 6 after holding its AGM on Jun. 1 in which they discussed and approved 2023 annual financial statements and decided to distribute IQD0.061 cash dividend per share, corresponding to a 6.1% dividend yield.
Stocks that were suspended / will be suspended from trading:
ISX suspended trading of International Development Bank (BIDB) starting Jun. 4 due to the AGM that will be held on Jun. 4 to discuss and approve 2023 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD300.0 bn to IQD400.0 bn through 33.3% rights issue.
ISX suspended trading of Gulf Commercial Bank (BGUC) starting Jun. 4 due to the AGM that will be held on Jun. 7 to discuss and approve 2023 annual financial statements.
ISX suspended trading of National Islamic Bank (BNAI) starting Jun. 4 due to the AGM that will be held on Jun. 8 to discuss and approve 2023 annual financial statements, dividend distribution, and increasing the paid-in capital from IQD301.0 bn to IQD351.0 bn through rights and bonus issue and electing new board members.
ISX suspended trading of Cihan Bank for Islamic & Finance (BCIH) starting Jun. 4 due to the AGM that will be held on Jun. 7 to discuss and approve increasing the paid-in capital from IQD305.0 bn to IQD355.0 bn through 16.4% rights issue.
ISX suspended trading of Ibdaa Al-Sharq Al-Awsat General Contract (SIBD) starting Jun. 6 due to the AGM that will be held on Jun. 11 to discuss and approve the resignation of the chartered accountant and appointing an auditor for the year 2023.
ISX will suspend trading of Gulf Insurance and Reinsurance (NGIR) starting Jun. 24 due to the AGM that will be held on Jun. 30 to discuss and approve electing five original and five alternative board members if the general assembly approves reducing the number of board members from seven to five.
ISX will suspend trading of Region Trade Bank (BRTB) starting Jul. 1 due to the AGM that will be held on Jul. 4 to discuss and approve electing seven original and seven alternative board members.
The post Iraq Stock Market Report first appeared on Iraq Business News .
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