Rabee Securities ISX Market Report_Economy_News

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Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th January 2013).

Iraq Stock Market Report (10th January 2013)

ID1,613 / $1,745 (-0.6%) (weekly change). The number of week traded shares was 23.3bn and the weekly trading volume was ID30.5bn ($25.4mn).

Iraq Stock Market Report (10th January 2013)_1

AL- Kindi for Production of Veterinary Vaccine (IKLV) decided in its AGM held on January 17, 2013 to increase the capital through 25% bonus issue.

Al -Hilal Industries (IHLI) resumed trading on January 16, 2013 after submitting 2011 financial results to the ISC and ISX.
Original shares of Baghdad for Packing Materials (IBPM) resumed trading on Jan. 14, 2013 after the decision to increase the capital from IQD0.54bn to IQD1.080bn.
Bank of Baghdad (BBOB)’s 62bn shares of bonus and right issues had been deposited at shareholders accounts at the IDC and were activated as tradable shares starting Jan. 14, 2013.
AL-Nukhba General Contracting (SNUC)’s 35bn shares of right issue had been deposited at shareholders accounts at the IDC and were activated as tradable shares starting Jan. 14, 2013.
A cross transaction occurred on 1.8bn United Bank (BUND) shares on January 13, 2013. This represents 0.7% of BUND capital.

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