Iraq Stock Market Report

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 7th June 2012).
Please click here to download a table of listed companies and their associated ticker codes.
ID1,291 / $1.407,  (+0.7%) (weekly change). The number of week traded shares was 8.0bn and the weekly trading volume was ID13.1bn ($11.0mn).
 

ISX Company Announcements

  • Credit Bank of Iraq (BROI) will hold AGM on June 29, 2012 to discuss 2011 financial results and capital increase from ID100 to ID150bn through bonus and rights issues. ISX will suspend trading of BROI starting June 21, 2012.
  • Gulf Commercial Bank (BGUC) will hold AGM on June 24, 2012 to discuss 2011 financial results, capital increase through bonus and rights issues and changing the Bank name from “Gulf Commercial Bank” to “Gulf National Bank”. ISX will suspend trading of BGUC starting June 17, 2012.
  • Ashur Bank (BASH) will hold AGM on June 23, 2012 to discuss 2011 financial results and capital increase through bonus and rights issues. ISX will suspend trading of BASH starting June 16, 2012.
  • ISX suspended trading of Bank of Baghdad (BBOB) starting June 6, 2012 due to AGM which will be held on June 13, 2012 to discuss 2011 financial results and capital increase from ID112.9bn to ID175bn through 17.8% bonus and 31.5% rights issues.
  • ISX suspended trading of Fallujah Const. Mat. (IFCM) on June 5 due to GA which will be held on June 12 to discuss 2011 financial results, distributing cash dividend, capital increase through bonus issue and investment opportunities of their land.
  • A cross transaction occurred on 1.03bn Nat. Chemical Ind. (INCP) shares on Jun 4.

For the full RS Weekly Bulletin in PDF go to:  www.rabeesecurities.com.