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Investors Iraq News
12-21-2013, 06:09 PM
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th December 2013).
Note: ISX will be closed during December 27, 2013 – January 6, 2014 due to the end-of-year closing operations. The last session of this year will be on Thursday, December 26, 2013 and trading will resume on Tuesday, January 7, 2014.
Please click here to download a table of listed companies (http://www.iraq-businessnews.com/reports/list-of-baghdad-stock-exchange-companies-and-tickers/) and their associated ticker codes.
The RSISX index ended the week at ID1,850 (-0.6%)/ $1,971 (-1.3%) (weekly change). The number of weekly traded shares was 5.4bn and the weekly trading volume was ID9.3bn ($7.6mn).
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ISX Company Announcements


Iraqi Islamic Bank (BIIB) will hold its AGM* on Jan. 9, 2014 to discuss increase its capital from IQD202bn to IQD250bn through rights issue. ISX will suspend trading of BIIB starting on Jan. 7, 2014.
Baghdad Passengers Transport (SBPT) will be suspended from trading starting on Jan. 7, 2014 due to AGM which will be held to discuss 2012 annual financial results.
National Chemical & Plastic Ind. (INCP) will hold its AGM* on Dec. 30 to discuss 2012 financial annual report. ISX will suspend trading of INCP starting on Dec. 23, 2013.
Original shares of Investment Bank of Iraq (BIBI) will resume trading on Dec. 22, 2013 after the decision to increase its capital from IQD155bn to IQD250bn through 60.44% rights and 0.85% bonus issues. The opening price will be IQD0.97.
Shares of Al-Khazer for Construction M. (IKHC) resumed trading on Dec. 19, 2013 after the approval of 2012 annual financial results and postponement of the capital increase through 100% rights issue until the public sector in the company approves changing the company’s article of association and electing new board members.
Shares of Modern Animal & Agricultural Production (AMAP) resumed trading on Dec. 19, 2013 after the approval of 2012 annual financial results. They also decided to add its profit to the accumulated profits.
Ashur International Bank (BASH) will hold its AGM* on Dec. 24, 2013 to discuss increasing its capital from IQD210bn to IQD250bn through rights issue. ISX suspended trading of BASH starting on Dec. 17, 2013.
Commercial Bank of Iraq (BCOI) will hold its AGM* on Dec. 23, 2013 to discuss 2012 financial annual report and increase its capital from IQD150bn to IQD250bn through 14.28% bonus and 52.36% rights issues. ISX suspended trading of BCOI starting on Dec. 16, 2013.
Karbala Hotels (HKAR) will hold its AGM* on Dec. 22, 2013 to discuss 2012 financial annual report. ISX suspended trading of HKAR starting on Dec. 15, 2013.



Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2013/12/21/iraq-stock-market-report-101/)

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