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Thread: regular market to the non regular market

  1. #1
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    regular market to the non regular market

    The ISX decided to move trading of 19 companies from the regular market to the non regular market
    starting Mar. 1, 2018 due to the following reasons:

    1) Due to not trading in 2016-2017: AL-Wiaam for Financial Investment (VWIF),

    2) Due to the decrease in annual trading volume: National Bank of Iraq (BNOI), Credit Bank of Iraq (BROI), North Bank (BNOR),Union Bank of Iraq (BUOI), Ashur International Bank (BASH), Al-Bilad Islamic Bank (BLAD), Al-Khatem Telecoms (TZNI) and AHliya For Insurance (NAHF),

    3) Due to less than 25 trading sessions: Economy Bank For Investment (BEFI), Dar es salam Investment Bank (BDSI) and Iraqi for General Transportation (SIGT),

    4) Due to the decrease in all indicators: Al-Zawraa for Finanical Investment (VZAF) and Al -Khazer for Construction Materials (IKHC),

    5) Due to being under CBI custody: Dijlah & Furat Bank for Development (BDFD) and Dar Al-Salam for Insurance (NDSA).

  2. #2
    Supporter and Investor! haggisbasher's Avatar
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    Hi James i read this today,is BBOB trading there havent seen them in a while.

  3. #3
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    Last edited by James; 02-18-2018 at 05:52 PM.

  4. #4
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    Question Good or bad

    Quote Originally Posted by James View Post
    The ISX decided to move trading of 19 companies from the regular market to the non regular market
    starting Mar. 1, 2018 due to the following reasons:

    1) Due to not trading in 2016-2017: AL-Wiaam for Financial Investment (VWIF),

    2) Due to the decrease in annual trading volume: National Bank of Iraq (BNOI), Credit Bank of Iraq (BROI), North Bank (BNOR),Union Bank of Iraq (BUOI), Ashur International Bank (BASH), Al-Bilad Islamic Bank (BLAD), Al-Khatem Telecoms (TZNI) and AHliya For Insurance (NAHF),

    3) Due to less than 25 trading sessions: Economy Bank For Investment (BEFI), Dar es salam Investment Bank (BDSI) and Iraqi for General Transportation (SIGT),

    4) Due to the decrease in all indicators: Al-Zawraa for Finanical Investment (VZAF) and Al -Khazer for Construction Materials (IKHC),

    5) Due to being under CBI custody: Dijlah & Furat Bank for Development (BDFD) and Dar Al-Salam for Insurance (NDSA).
    This is good or bad for us?
    Please anyone

  5. #5
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    The ISX decided to move trading of 19 companies from the regular market to the non-regular market starting Mar. 1, 2018. If your wanting to buys or sell share this doesn't sound good.

    At least for some it was due to the decrease in annual trading volume. Three of those banks traded today BNOI @ .56 (2 trades) BROI @.68 (9 trades) BASH @.31 (11 trades). It looks like they need to be active more on the ISX.
    In contrast BBOB was @ .73 with (63 trades) 1/3 the total bank trades today.


    Note:

    “Suspend/ISC” companies are not trading due to ISC Instructions.

    “Suspend/GA” companies are not trading due to General Assembly Meetings.

    "(NR)": These are the companies which are trading in the Non-Regular market (in compliance with Iraq Securities Commission law numbered 132/9 on 20/12/2012). These companies were moved to the secondary market (non-regular) because of the decrease in their trading volume and the number of days that these companies are being traded for. Please note, according to the Regulations of the Secondary Market, in each trading session, the average share price will be calculated for each share. The maximum increase and decrease of +/-20% will be based on the average price in the previous session. The price should be valid during three effective trading sessions after the listing, and it will be free in the first trading session after capital increasing.

  6. #6
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    Nothing is any good for us over there at this time (not for a very long time )

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