ISX News

[WhiteFeather]

Baghdad Soft Drink (IBSD)
Original Shares of Baghdad Soft Drink (IBSD) will resume trading on June 27, after the capital increase from ID125bn to ID133bn through bonus issue. The opening price will be ID1.00 per share with +/- 50% limit for the first session.


Union Bank of Iraq (BUOI)
ISX will suspend trading of Union Bank of Iraq (BUOI) starting June 26, 2012.
Union Bank of Iraq (BUOI) will hold AGM on June 30, 2012 to discuss 2011 financial results, and capital increase from ID59.8bn to ID100bn through bonus and rights issues. ISX will suspend trading of BUOI starting June 26, 2012.

[Will-it-happen?]

Baghdad Soft Drink (IBSD)
Original Shares of Baghdad Soft Drink (IBSD) will resume trading on June 27, after the capital increase from ID125bn to ID133bn through bonus issue. The opening price will be ID1.00 per share with +/- 50% limit for the first session.


Union Bank of Iraq (BUOI)
ISX will suspend trading of Union Bank of Iraq (BUOI) starting June 26, 2012.
Union Bank of Iraq (BUOI) will hold AGM on June 30, 2012 to discuss 2011 financial results, and capital increase from ID59.8bn to ID100bn through bonus and rights issues. ISX will suspend trading of BUOI starting June 26, 2012.

excuse me for being thick , but will I get free IBSD and/or be able to buy discounted shares in them ?

[WhiteFeather]

Gulf Commercial Bank (BGUC)
Gulf Commercial Bank (BGUC) suspended from trading today (June 25) due to AGM which will be held on July 2, 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".

Ashur Bank (BASH)
Ashur Bank (BASH) decided in its AGM held on June 23 to increase capital from ID100bn to ID150bn through 7.3% bonus and 42.7% rights issues.

Investment Bank (BIBI)
Investment Bank (BIBI) decided in its AGM held on June 24 to increase capital from ID100bn to ID125bn through 14% bonus and 11% rights issues.

[WhiteFeather]

ISX announced that the original shares of the some companies will resume trading on July 1, 2012
ISX announced that the original shares of the following companies will resume trading on July 1, 2012 according to the instruction # 2 of ISC (amended in 2012): Mosul Bank (BMFI), Mansour Bank (BMNS), Sumer Commercial Bank (BSUC), United Bank for Investment (BUND), Iraqi Middle East Investment Bank (BIME), Bank of Baghdad (BBOB), Investment Bank of Iraq (BIBI) and Fallujah Construction Materials (IFCM).

[War Eagle]

Now,if they (ISX) just don't lop the shares at revaluation!!!!! Which they will,of course!!!

[WhiteFeather]

Al-Zawraa for Financial Investment (VZAF)
Al-Zawraa for Financial Investment (VZAF) will hold AGM on July 19, 2012 to discuss 2011 financial results, and capital increase through bonus issue. ISX will suspend trading of VZAF starting July 12, 2012.

Original shares of Gulf Commercial Bank (BGUC)
Original shares of Gulf Commercial Bank (BGUC) will resume trading on July 10, after the capital increase from ID103.95bn to ID125bn through 9.668% bonus and 10.582% rights issues. The opening price will be ID0.93 per share with +/- 50% limit for the first session.

Tourist Village of Mosul dam (HTVM)
Tourist Village of Mosul dam (HTVM) will resume trading on July 8, 2012 with no change in its capital.

Original shares of Ashur Bank (BASH)
Original shares of Ashur Bank (BASH) resumed trading today (July 5) after the capital increase from ID100bn to ID150bn through 7.3% bonus and 42.7% rights issues. BASH closed the day at ID0.90, down 5.3%.

A cross transaction occurred on ID2.18bn United Bank (BUND)
A cross transaction occurred on ID2.18bn United Bank (BUND) shares today (July 5, 2012).

[WhiteFeather]

National Bank of Iraq (BNOI)
National Bank of Iraq (BNOI) approved in its GAM yesterday (July 22) the decision to increase the capital from ID100bn to ID152bn through 4.5% bonus and 47.5% rights issues.

[WhiteFeather]

Ashour Hotel (HASH)
Ashour Hotel (HASH) will hold AGM on August 5 2012 to discuss 2011 financial results, capital increase through 100% rights issue, and making a call for investors to invest the Ashour Hotel. ISX suspended trading of HASH starting (July 29).

Middle East for Production-Fish (AMEF)
Middle East for Production-Fish (AMEF) will hold AGM on August 6 to discuss 2011 financial results, and the cash dividend ratio. ISX suspended trading of AMEF starting (July 29).

[WhiteFeather]

ISX suspended the trading of the following companies
According to the memo (Ref. # 10/1415) published by Iraqi Securities Commission (ISC) on August 1, 2012, ISX suspended the trading of the following companies starting from (August 5), due to their failure to submit 2011 annual financial reports in the due time: Al -Hilal Industries (IHLI), The Light Industries (ITLI), Electronic Ind. (IELI), AL- Kindi for Production of Veterinary (IKLV), Modern Paint Ind. (IMPI), National Metallic Ind. & Bicycles (IMIB), Iraqi Land Transport (SILT), AL-Badia General Trans. (SBAG), and Baghdad Motor Cars Serv. (SBMC). Also, continue the suspension of the following companies for the same reason: Iraqi for General Transportation (SIGT), Northern Soft Drinks & Mineral Water (INSD), Kirkuk for Producing Const. Mat. (IKFP), Ishtar Hotels (HISH), and Palestine Hotel (HPAL).

ISX will suspend trading of Kurdistan International Bank (BKUI) starting on August 18, 2012.
Kurdistan International Bank (BKUI) will hold AGM on August 25, 2012 to discuss 2011 financial results, cash dividend ratio and capital increase through rights issue. ISX will suspend trading of BKUI starting on August 18, 2012.

[WhiteFeather]

Note: There will no trading on the ISX the following two Thursdays (August 9 and August 16). This is a government decision after having considered the extreme heat conditions in the country. The next session will be held on Sunday, August 5, 2012. Please note, the 3rd week of August will be a national holiday for Eid Al-Fitr.

[WhiteFeather]

ISX will be closed from August 16 to 25
ISX will be closed from August 16 to 25, because the 3rd week of August will be a national holiday for Eid Al-Fitr. The next session will be held on Sunday, August 26, 2012.

[WhiteFeather]

Mosul Bank (BMFI)
Mosul Bank (BMFI) approved in their GA meeting today (August 12) to increase the capital from ID100bn to 152bn through 50% rights issue at premium price (ID2.00).

" interesting it closed at .90 " not sure who would buy it at 2.



Baghdad Hotel
Baghdad Hotel resumed trading today (August 12), with no change in its capital.



The new shares of North Bank (BNOR)
The new shares of North Bank (BNOR) from the capital increase through 20% bonus issue resumed trading today (August 12). The capital reached 210bn.

Original shares of Iraqi Islamic Bank (BIIB)
Original shares of Iraqi Islamic Bank (BIIB) resumed trading today (August 12), after the capital increase from ID102.35bn to ID152bn through 11% bonus and 33.75% rights issues. BIIB closed the day at ID1.1 price per share, up 10%.

[WhiteFeather]

Ready Made Clothes (IRMC)
Ready Made Clothes (IRMC) will hold AGM on August 27, 2012 to discuss capital increase from ID1.35bn to ID1.50bn through 11.11% bonus issue. ISX suspended trading of IRMC starting today (August 13).

Kurdistan International Bank (BKUI)
Kurdistan International Bank (BKUI) will hold AGM on August 25, 2012 to discuss 2011 financial results, cash dividend ratio and capital increase through rights issue. ISX suspended trading of BKUI starting today (August 13).

Mamoura Realestate Inv. (SMRI)
Original shares of Mamoura Realestate Inv. (SMRI) resumed trading today (August 13), after the capital increase from ID11.73bn to ID15.01bn through 10% bonus and 18% rights issues. SMRI closed the day at ID2.25 price per share, down 7.8%.

Sumer Commercial Bank (BSUC)
Sumer Commercial Bank (BSUC) will hold AGM on September 3, 2012 to discuss 2011 financial results, cash dividend ratio and capital increase through rights issue. ISX will suspend trading of BSUC starting August 27, 2012.

[WhiteFeather]

ISX will suspend trading of Mansour Hotel (HMAN) starting August 31, 2012.
Mansour Hotel (HMAN) will hold AGM on September 8, 2012 to discuss 2011 financial results, cash dividend ratio and elect new board members. ISX will suspend trading of HMAN starting August 31, 2012.

Nationality Household Furniture Ind. (IHFI)
Nationality Household Furniture Ind. (IHFI) resumed trading today (August 27). IHFI approved in its AGM on August 6, the decision to use the reserve of ID121mn to cover 57% of the accumulated loss.

Middle East for Prod. – Fish (AMEF)
Middle East for Prod. – Fish (AMEF) resumed trading today (August 27). AMEF approved in its AGM on August 6, the decision to distribute 25% cash dividend.

Sumer Commercial Bank (BSUC)
ISX will suspend trading of Sumer Commercial Bank (BSUC) starting on August 28
Sumer Commercial Bank (BSUC) will hold AGM on September 3, 2012 to discuss 2011 financial results, cash dividend ratio and capital increase through rights issue. ISX will suspend trading of BSUC starting tomorrow (August 28).

Bank of Baghdad's (BBOB) 2Q12
Bank of Baghdad's (BBOB) 2Q12 (unaudited) financial results:
B/S - 2Q12: Assets: ID931bn, -1% q/q (+6% ytd), Monetary Credit: ID125bn, -1% q/q (-17% ytd), Investments: ID312bn, +153% q/q (+68% y/y), Deposits: ID738bn, -2% q/q (+6% ytd), BV: ID157bn, +4% q/q (+12% ytd). P&L - 2Q12: Estimated NBI: ID13.7bn, +20% q/q (-1% y/y), Operating Profit: ID7.2bn, -2% q/q (-23% y/y), Net Profit: ID6.3bn, -10% q/q (-22% y/y). P&L - 1H12: Estimated NBI: ID25.2bn, -3% y/y, Operating Profit: ID14.5bn, -16% y/y, Net Profit: ID13.4bn, -17% y/y.

[WhiteFeather]

Union Bank of Iraq (BUOI)
The rights offering procedures of Union Bank of Iraq (BUOI) will start on August 30, 2012 to increase the capital from ID59.8bn to ID100bn through 3.572% bonus and 63.652% rights issues.

ISX suspended trading of BSUC
Sumer Commercial Bank (BSUC) will hold AGM on September 3, 2012 to discuss 2011 financial results, cash dividend ratio and capital increase through rights issue. ISX suspended trading of BSUC starting (August 28).

[WhiteFeather]

Iraqi Agricultural Products Marketing (AIRP) called the shareholders to receive the 20% cash dividend according to the approved decision of the AGM on June 27th, 2012.

[WhiteFeather]

AL-Nukhba General Contracting (SNUC) will hold AGM on October 7, 2012 to discuss 2011 financial results, distributing cash dividend and capital increase through 24% bonus issue. ISX will suspend trading of SNUC starting September 30, 2012.

Iraqi Engineering Works (IIEW) will hold AGM on October 1, 2012 to discuss 2011 financial results and the capital increase from ID1bn to ID1.5bn through bonus and rights issues. ISX will suspend trading of IIEW starting September 24, 2012.

AL- Kindi for Production of Veterinary Vac. (IKLV) will resume trading on Sept. 23, 2012 after they submitted their audited 2011 financial results to ISC and ISX.

The rights offering procedures of Gulf Commercial Bank (BGUC) started on September 20, 2012 to increase the capital by issuing 11bn rights shares.

A cross transaction occurred on 634.8mn North Bank (BNOR) shares on Sept. 19. This represents 0.3% of BDSI capital.

The bonus shares of Mansour Bank (BMNS) had been deposited in the Iraqi Depository Center, according to company’s registrar approval on the capital increase decision from ID100bn to ID236bn.

A cross transaction occurred on 430mn United Bank (BUND) shares on Sept. 17. This represents 0.2% of BDSI capital.

[WhiteFeather]

Iraqi Islamic Bank (BIIB)
The rights offering procedures of Iraqi Islamic Bank (BIIB) will start on September 25, 2012 to increase the capital by issuing 38.35bn rights shares.

Mamoura Realestate Investment (SMRI)
The rights offering procedures of Mamoura Realestate Investment (SMRI) will start on September 26, 2012 to increase the capital by issuing 2.11bn rights shares.

Kurdistan International Bank (BKUI)
The rights offering procedures of Kurdistan International Bank (BKUI) will start on October 2, 2012 to increase the capital by issuing 150bn rights shares.

[WhiteFeather]

National Bank of Iraq (BNOI)
The rights offering procedures of National Bank of Iraq (BNOI) will start on September 30, 2012 to increase the capital by issuing 47.5bn rights shares.

[WhiteFeather]

Iraq Stock Market Report
30 September 2012. Iraq Stock Market Report, Rabee Securities, Stock Exchange, stock market


Iraq Stock Exchange (ISX) market report (week ending: 27th September 2012).

ID1,426 / $1,542 (+1.0%) (weekly change). The number of week traded shares was 5.8bn and the weekly trading volume was ID10.5bn ($8.8mn).

The Modern for Animal Agricultural Production (AMAP) will hold AGM on October 18, 2012 to discuss 2011 financial results, distributing cash dividend and capital increase through 150% rights issue. ISX will suspend trading of AMAP starting October 11, 2012.

Al-Mansour Pharmaceuticals Ind. (IMAP) will hold AGM on October 13, 2012 to discuss the capital increase through 100% rights issue. ISX will suspend trading of IMAP starting October 6, 2012.

Iraqi for Meat Production & Marketing (AIPM) will hold AGM on October 10, 2012 to discuss 2011 financial results, distributing cash dividend and capital increase through bonus issue. ISX will suspend trading of AIPM starting October 3, 2012.

The rights offering procedures of Kurdistan International Bank (BKUI) will start on October 2, 2012 to increase the capital by issuing 150bn rights shares.

The rights offering procedures of National Bank of Iraq (BNOI) will start on September 30, 2012 to increase the capital by issuing 47.5bn rights shares.

The rights offering procedures of Mamoura Realestate Investment (SMRI) started on September 26, 2012 to increase the capital by issuing 2.11bn rights shares.

The rights offering procedures of Iraqi Islamic Bank (BIIB) started on September 25, 2012 to increase the capital by issuing 38.35bn rights shares.

Iraqi Engineering Works (IIEW) will hold AGM on October 1, 2012 to discuss 2011 financial results and the capital increase from ID1.0bn to ID1.5bn through bonus and rights issues. ISX suspended trading of IIEW starting September 24.

Babylon Hotel (HBAY) resumed trading on Sept. 24 with no change in its capital. The GA approved to postpone the 170% capital increase.

The rights offering procedures of Sumer Commercial Bank (BSUC) started on September 23, 2012 to increase the capital by issuing 35bn rights shares.

AL- Kindi for Production of Veterinary Vac. (IKLV) resumed trading on Sept. 23 after they submitted their audited 2011 financial results to ISC and ISX.

http://www.iraq-businessnews.com/201...ket-report-50/