Iraq Stock Market Report

by **claud39** Sun May 17, 2020 10:13 am

Iraq Stock Market Report

Iraq Stock Market Report Safe_image.php?d=AQB9d19GlRP-rP_K&w=540&h=282&url=https%3A%2F%2Fwww.iraq-businessnews.com%2Fwp-content%2Fuploads%2F2015%2F07%2FRabee-Securities-630x350

15th May 2020 in Investment

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th May 2020).

Please click here to view a table of listed companies and their associated ticker codes.

The RSISX index ended the week at IQD552 (+0.7%) / $573 (+0.7%) (weekly change) (-16.2% and -18.2% YTD change, respectively). The number of week traded shares was 2.1 bn and the weekly trading volume was IQD2.2 bn ($1.8 mn).

Note: ISX will be closed starting from May 22, 2020 due to the religious holiday of Eid Al-Fitr. The next trading session will be held on May 31, 2020. ISX will resume trading five days a week starting May 31, 2020 (Sunday). The lower daily price change limit will be maintained at 5% and the upper daily price change limit will be maintained at 10%.

Iraq Stock Market Report ScreenHunter-5584

ISX Company Announcements

Ameen Al-Iraq Islamic Bank for Islamic Investment & Finance (BAME) with a capital of IQD100 bn will start trading on May 17, 2020 in the non-regular market. The opening price will be free for the first three sessions, and then will have +/-20% price change limit.

Rajih Islamic Bank for Investment & Finance (BRAJ) with a capital of IQD250 bn will start trading after depositing and activating 5% of the listed shares or after 21 days of depositing the company's shares.

ISX suspended trading of Zain Al-Iraq Islamic Bank for Investment (BZII) starting on May. 12 due to the GA that will be held on May. 17 to elect 7 original and 7 alternative board members.

Al-Sadeer Hotel (HSAD) resumed trading on May. 12 after disclosing its financial statements and deciding to increase the company's capital to IQD1.36 bn through 10% rights issue.

https://www.iraq-businessnews.com/2020/05/15/iraq-stock-market-report-317/