(MENAFN – Iraq Enterprise Information) Rabee Securities Iraq Stock Trade (ISX) market report (week ending: 24th July 2020).
Please click on right here to view a desk of listed companie s and their related ticker codes.
The RSISX index ended the week at IQD637 (+2.9%) / $666 (+2.9%) (weekly change) ( -3.4% and -4.9% YTD change, respectively). The variety of week traded shares was 6.9 bn and the weekly buying and selling quantity was IQD2.9 bn ( $2.Four mn ).
ISX Firm Bulletins The ISX will set up the fifth and sixth Zoom conferences on Friday and Saturday respectively with Prepared-Made Garments (IRMC) and Ashur Worldwide Bank for Funding (BASH) for them to reveal monetary outcomes for the traders and members. IRMC’s assembly will probably be held on Friday (Jul. 24, 2020) at 4:00 pm (Baghdad time), and the speaker will probably be CFO, Ms. Maysoon Jasib Hani (For IRMC’s Zoom Assembly Hyperlink, please CLICK HERE , Zoom Assembly ID: 815 1124 6834, Password: 593995). BASH’s assembly will probably be held on Saturday (Jul. 25, 2020) at 4:00 pm (Baghdad time), and the speaker will probably be CEO, Ms. Alyaa A’mer Majeed, (For BASH’s Zoom Assembly Hyperlink, please CLICK HERE , Zoom Assembly ID: 880 4423 1283, Password: 043429). The participation will probably be free and the recording of the Zoom conferences will probably be shared on the ISX web site. The ISX will proceed organizing monetary disclosure workshops till the tip of September 2020. ISX will droop buying and selling of Ahliya for Insurance coverage (NAHF) beginning Aug. 9, 2020 as a result of AGM that will probably be held on Aug. 12, 2020 to debate and approve 2018 annual monetary statements and to debate rising the corporate’s capital from IQD2.5 bn to IQD7.zero bn by means of 180% rights difficulty. ISX will droop buying and selling of Zain Al-Iraq Islamic Bank for Funding (BZII) beginning Jul. 26, 2020 as a result of GA that will probably be held on Jul. 28, 2020 to elect 7 authentic and seven different board members. Iraqi for Tufted Carpets (IITC) selected its AGM held on Jul. 22, 2020 to distribute 70% cash dividends for the 12 months 2019 (IQD0.7 dividend per share, 7.3% dividend yield). Baghdad Gentle Drinks (IBSD) selected its AGM held on Jul. 21, 2020 to distribute 15% cash dividends (IQD0.15 dividend per share, 5.6% dividend yield). ISX suspended buying and selling of Trans Iraq Bank for Funding (BTRI) beginning Jul. 20, 2020 as a result of AGM that will probably be held on Jul. 26, 2020 to debate and approve 2019 annual monetary statements. Asiacell (TASC) resumed buying and selling on Jul. 19, 2020 after being suspended for its AGM during which they mentioned and permitted 2019 annual monetary statements and determined to distribute 100% cash dividends (IQD1.00 dividend per share, 14.3% dividend yield). The depositing procedures of Al-Rebas for Poultry and Feed (AREB) with a capital of IQD30 bn began on Jul. 19, 2020. The corporate will begin buying and selling within the non-regular market after 21 days of depositing the corporate’s shares. MENAFN2507202002170000ID1100543093