Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement

[yota691]

Foreign investor sells 5 billion shares of Pepsi Baghdad

 

Economy News Baghdad: One foreign investor sold 5 billion shares in the Baghdad Soft Drinks Company. A source familiar with the "Economy News", said that "a Jordanian investor sold 5 billion shares owned by Baghdad Company for soft drinks worth 11.8 billion dinars." The financial statements of the Baghdad Company for soft drinks Pepsi listed on the Iraqi Stock Exchange, showed a rise in profits during the third quarter of 2017, by 57.5% on an annual basis. The company posted a profit of 17.23 billion dinars ($ 14.46 million), compared to 10.94 billion dinars ($ 9.18 million) in the third quarter of 2017, according to the financial statements. The capital of Baghdad Company about 177 billion dinars.     Views 3066   Date Added 10/09/2017

[yota691]

The stock market decided to suspend trading on the shares of the Commercial Bank of the region in Tuesday's session next

 

stock market

Economy News Baghdad: The Iraqi Stock Exchange decided to suspend trading on the shares of Commercial Bank of Iraq in the next Tuesday session until a new board of directors is elected. A source in the exchange for "Economy News", "The Stock Exchange decided to stop trading on the shares of the Commercial Bank of the Territory in the next Tuesday until the meeting of the General Assembly in the building of the bank in Erbil," adding that "the meeting will discuss the final accounts for 2016 and the rotation of profits for the coming year And the election of a new board of directors. "       Views 222   Date Added 11/10/2017

[yota691]

Shareholder raises his stake in «Bank across Iraq» to 9.12%

 

Economy News Baghdad: Iraq's Bank of Iraq, listed on the Iraqi Stock Exchange, said that shareholder Wissam Adnan Mohammed Al-Rubaie raised his stake in the bank from 6.85% to 9.12% of his capital. In a statement to the bourse, the company said the shareholder bought 6 billion shares, increasing its stake in the bank from 18.08 billion shares to 24.08 billion shares. Al-Hikma Brokerage Company, in a statement to the Iraqi Stock Exchange, said Monday that the shareholder, Wissam Hassoun Shaker, sold 1.25 billion shares of his stake in the Trans Iraq Bank to Wissam Adnan Mohammed Al-Rubaie. The bank currently has a capital of 264 billion dinars, distributed over 264 billion shares, with a nominal value of one dinar per share. The bank's financial results showed a quarterly decline of 4.6% year-on-year to 3.93 billion dinars, compared to 4.12 billion dinars in the third quarter of 2016.   Views 2   Date Added 15/10/2017

[yota691]

Iraq 's stock market is witnessing a rise in the value of trading

 

Twilight News    

 

 58 minutes ago

 

 

Twilight News / record of the Iraqi market for securities remarkable increase in the number and value of shares traded during the last week during the trading of 51 companies out of 101 

, said Executive Director of the market , Taha Ahmed Abdul Salam said in a statement that the number of listed companies amounted to (101) joint - stock company, including (72) listed companies in the regular market and (29) listed companies in the second market and traded during the sessions this week shares (46) companies in the regular market and (5) companies in the second market. 

Abdul Salam said that the number of shares traded last week amounted to 14 billion shares compared to 2 billion shares for the week before recorded recorded a remarkable increase of 419.36%, while the value of shares traded last week, 20 billion dinars compared to one billion dinars for the week before, also recording a rise of 1013%

The ISX 60 index closed at (591.54) points, up by (1.35%) from the close of the previous week when it closed at (583.68) points, while the number of transactions executed last week (1834) against (1053) deal For the week before. 

As for non-Iraqi investors in the market, Abdul Salam said that the number of shares purchased by non-Iraqi investors last week reached (148) million shares, up by 642.07% compared to the previous week. The value was (388) million dinars through the implementation of 167 The 

number of shares sold by non-Iraqi investors rose by 782.16% compared to the previous week and amounted to JD (12) billion through (9) companies to increase this value compared to the previous week by 252.17% The implementation of (150) deal on shares (4) companies to rise the other by 2.983%

 

Keywords: 

[yota691]

Minutes of the meeting of the General Assembly certified to the Iraqi Company for the production and marketing of agricultural products held on 2017/8/21

 

 15 October 2017 11:08 p

For more details please refer to the attached file

[Butifldrm]

Shareholder raises its stake in "Bank across Iraq" to 9.12%

The shareholder bought 6 billion shares of the bank's capital

 

 15 October 2017 11:32 p

Bank of IraqBTRI0.00%0.700.00

Mubasher : The Iraqi Bank of Iraq ( BTRI ) , listed on the Iraqi Stock Exchange, said the shareholder Wissam Adnan Mohammed Al-Rubaie raised his stake in the bank from 6.85% to 9.12% of his capital.

In a statement to the bourse, the company said the shareholder bought 6 billion shares, increasing its stake in the bank from 18.08 billion shares to 24.08 billion shares.

Al-Hikma Brokerage Company, in a statement to the Iraqi Stock Exchange, said Monday that the shareholder, Wissam Hassoun Shaker, sold 1.25 billion shares of his stake in the Trans Iraq Bank to Wissam Adnan Mohammed Al-Rubaie.

The bank currently has a capital of 264 billion dinars, distributed over 264 billion shares, with a nominal value of one dinar per share.

The bank's financial results showed a quarterly decline of 4.6% year-on-year to 3.93 billion dinars, compared to 4.12

billion dinars in the third quarter of 2016 .

 

https://www.mubasher.info/news/3171254/مساهم-يرفع-حصته-في-مصرف-عبر-العراق-إلى-9-12-?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ar%2FISX%2Fnews+(ISX+Arabic+News)

[yota691]

Sells 2 billion shares from a bank across Iraq

Bank across Iraq

3076.pdf - 679 KB

Economy News Baghdad: Al-Hikma Brokerage Company has executed a sale and purchase order on two billion shares of a bank across Iraq. A document issued by the wisdom company addressed to the Iraqi market for securities viewed by "Economy News", that "please kindly approve the implementation of our company is a special command (buy and sell) on the shares of a bank across Iraq for investment." She added that "the name of the buyer Bassam Adnan and the name of the seller Khalid Jabbar and the number of shares sold 2 billion shares." The price of two billion shares was 1.4 billion Iraqi dinars.       Views 71   Date Added 17/10/2017

[yota691]

Two companies were traded and another one was listed within a week at the Iraqi Stock Exchange

By

 rami

 -

October 29, 2017

10

0

 

 

 

Shares of two companies were launched while another company’s shares were listed during trading sessions in the Iraqi Stock Exchange last week. One company’s shares are expected to be launched on Sunday.
“During the week ended 26 November 2017, the Iraqi Stock Exchange organized five trading sessions in the regular market and (5) trading sessions in the market where the number of listed companies is 101, (72) companies listed in the regular market and (29) listed companies in the second market and traded during the meetings last week shares (42) companies in the regular market and (7) companies in the second market.
Abdul Salam said that “the number of companies suspended from trading due to lack of commitment to provide annual and quarterly disclosure of the body and market (23) companies after the decision of the Securities Commission to stop trading on companies that did not submit financial statements for the second semester of 2017.
He added that shares of capital increase of (500) million shares have been listed for trading on Monday 23/10/2017 following the decision of the General Assembly and the capital increase from (1) billion dinars to (1,500) billion dinars “He said.
In another event during the last week between Abdul Salam that “there is a rise in the price of shares of the Bank of the Islamic Bank of two consecutive sessions close to the maximum allowed price change for the sessions of 22/10 and 23/10/2017, and the suspension of trading on the company starting Tuesday 24/10/2017 for lack of response to the company’s letter of inquiry sent by the market to disclose the fundamental events that led to the rise in the share price.
On the launch of the trading of shares of companies last week between Abdul Salam that “has been trading on the shares of the Gulf Commercial Bank and the shares of the Iraqi engineering company in while is expected to be trading on the shares of the Commercial Bank of the region in a session on Sunday.
“The number of shares traded for last week reached (22.621) billion shares compared to (35.852) billion shares for the week before which decreased by (36.9%), while the value of shares traded last week (19.535) billion dinars compared to (32.952) billion dinars (40.7%), while the number of transactions executed last week (1830) deal against (1682) deal for the week before.
The ISX 60 Index closed at 562.03 points at the end of last week, down by 2.24% from the previous week’s close of 574.89 points.

[ChuckFinley]

Thanks Yota, nice to see them expanding their exchange.  

[yota691]

Foreign buyers are on the Iraqi stock market

 

Iraq Stock Exchange

Economy News Baghdad: The Iraqi Stock Exchange closed at 565.07 on Sunday, down 0.65 percent, while foreigners bought 301.6 million shares through 57 deals.  At the session, 42 companies out of 101 listed companies traded, with more than 16.9 billion shares worth more than 7.1 billion dinars. At the meeting, 436 transactions were concluded, with Babel Hotel up 0.45%, Ashour Hotel up 0.20% and Asia Cell Telecommunication 0.13%. Ashtar Hotels fell 0.25%, Iraqi Seed Production rose 0.11% and Baghdad Public Transport 0.10%. The number of shares purchased from non-Iraqi investors 301.6 million shares valued at 271.3 million dinars through the implementation of 57 transactions on the shares of two companies.   Views 133   Date Added 11/05/2017

[yota691]

Sell 4.7 billion shares of Islamic Holding Bank

 

Islamic Holding Bank

Economy News Baghdad: Al-Khair Company for Brokerage and Brokerage announced on Thursday that it had executed a corresponding order to sell 4.7 billion shares of Islamic Holding Bank. The company said in its book to the Iraqi Stock Exchange, read by "Economy News", "our company will implement a corresponding order on the main company of the Islamic Holding Bank and according to the procedures for the implementation of large transactions," noting that "Sellers Firas Bassem Jalil number of shares 2.510 billion shares and Salam Jabbar Kazem 2.035 Billion shares and Abdul Karim Azzedine Mahmoud 155 million shares. " She pointed out that "Hisham Bahman Rahman bought 4.700 billion shares." Meanwhile, the Iraqi Stock Exchange announced that the price of the share in which the transaction was made in one dinar, indicating that the total transaction amounted to 4.700 billion dinars.         Views 47   Date Added 11/09/2017

[yota691]

Shares of non-Iraqi investors are rising on the Iraqi bourse

 

Economy News _ Baghdad The trading of shares of non-Iraqi investors in selling and buying increased significantly during trading in the Iraqi stock market last week with the participation of 49 companies out of 101 companies registered in the market. "The Iraqi Stock Exchange organized trading sessions in the regular market and the secondary market during the week ending 16th of this year," said Taha Abdul Salam, executive director of the market. The market includes (101) joint stock companies, of which (72) listed companies in the regular market and (29) listed companies in the second market, where traded during the sessions last week shares (45) companies in the systemic market and (4) companies in the second market " . "The number of companies suspended from trading due to lack of commitment to provide annual and quarterly disclosure of the Authority and the market has become (24) companies, while the number of shares listed in the market (11.187) trillion shares and market capitalization market capitalization of companies listed in the market is 10.539 trillion dinars" . "The shares of non-Iraqi investors recorded a remarkable increase during last week's trading, where the number of shares purchased from non-Iraqi investors last week (3) billion shares, up by (449.5%) compared to the week before, where the value of those shares (2) During the implementation of (662) apprehension on the shares of (13) companies to rise also by (304.38%) compared to the week before. " He added that "the number of shares sold by non-Iraqi investors last week amounted to one billion registered shares rose compared to the week before, 35.15%, and the value of (678) million dinars through the implementation of (233) deal on the shares of (4) companies, To reach 12.61%. " "The number of shares traded for last week reached (14.967) billion shares compared to (24.066) billion shares for the week before which decreased by (37.8%), while the value of shares traded last week (10.783) billion dinars compared to (13.852) billion JD for the week before the record is also a decline of 22.15%. The ISX 60 Index closed at (559.06) points, up by (0.62%) from the close of the week before when it closed at (555.6) points.   Views 14   Date Added 11/19/2017

[yota691]

The Iraqi Stock Exchange has been shut down for a week

Tuesday, January 2 First sessions of the Iraqi Stock Exchange next year

 

 26 November 2017 03:51 PM

 

Mubasher: The Board of Governors of the Iraqi market to suspend the stock market for a week beginning on Tuesday 26 December.

The Council explained in a circular to the stock exchange on Sunday, that to make way for brokerage firms to settle their activities according to the procedures of banks.

The board set Monday (December 25th) to be the last trading session this year, and Tuesday, January 2, 2018, to resume the stock exchange, and the first trading session in the new year.

The index of the Iraqi market decline during the period since the beginning of the year, by 13.8%, to lose 89.62 points from the levels by the end of 2016 , closed Sunday at 559.86 points.

[SnowGlobe7]

[Gypsygirl11]

Say what?!?  is right !    Getting better and better...

Actually, they did this last year too, right?

Edited November 26, 2017 by Gypsygirl11

[SnowGlobe7]

I am not sure if they did or not girlfriend...this is what caught my cats eye

 

53 minutes ago, yota691 said:

The Council explained in a circular to the stock exchange on Sunday, that to make way for brokerage firms to settle their activities according to the procedures of banks.

 

I wonder if this is related to the other post about the international bank guidelines.

 

I wish we could translate those guidelines on the other thread.

[Gypsygirl11]

So they r closed starting the day after Xmas till Jan 2nd.....makes one just want to scratch their chin, doesn't it.  BRING IT HOME 2018 !!!!

[Half Crazy Runner]

And, back up the roller coaster I go!  

[yota691]

The stock market is trading more than 14 billion shares

Editorial Date: 2017/11/27 14:49 • 11 times read

[INA-BAGHDAD] 

The Iraqi Stock Exchange registered 14 billion shares with a contribution of 26 out of 101 companies.


"The stock market traded 14,274,423,624 shares at a value of 9,506,380,959 dinars, while the price index ISX 60 closed in today's session at 561.96," Taha Ahmed Abdul Salam, the market's executive director, said in a press release. A rise of 0.38% from the close of the previous session of 559.86 points. " 

"The market traded shares of 26 companies out of 101 companies listed in the market where the number of companies suspended by a decision of the Securities Commission for failure to comply with financial disclosure instructions 23 companies."
"The number of shares purchased from non-Iraqi investors amounted to 167,500 million shares valued at 137.740 million dinars through the implementation of 44 transactions on the shares of 4 companies, while the number of shares sold by non-Iraqi investors 100 million shares worth 61 million dinars through The implementation of 11 deals on one company only. " 

"The market today witnessed the implementation of a corresponding order on the shares of the International Development Bank number of shares 9,500 billion shares and the value of 7,600 billion dinars, and the implementation of another special order on the shares of the Bank of Mosul, the number of shares 4,290 billion shares and the value of 1,458 billion dinars.

[SnowGlobe7]

14 Billion? Impressive

[yota691]

Al Tayf Financial Transfer Company becomes an Islamic bank

 

Economy News Baghdad: The Iraqi Stock Exchange announced that Al- Spect Financial Transfer Company will become an Islamic bank. The Stock Exchange said in a press release that it had been suspended trading on the shares of Spectrum Financial Transfer Company from Wednesday's session, following the decision of the company's general assembly held 2017/10/30 to convert the company's activity from a financial transfer company to an Islamic bank and increase The company's capital from (45) billion dinars to (100) billion dinars. "   Views 11   Date Added 12/06/2017

[yota691]

Securities: high foreign investment net and stock index

13/12/2017 12:00 am    BAGHDAD - The   report of the Securities Commission for the third quarter of the current year, the rise of net foreign investment to 4048.4 million dinars, and the increase in the general index of stock prices in the Iraqi market for securities against the decline in trading volume to about 54.3 billion dinars compared to about 55.7 billion dinars during the second quarter of In 2017, a drop of 2.5 percent. "The volume of trading for the third quarter fell by 17.2 percent from the third quarter of 2016," the report said. "The banking sector occupied the first place in terms of trading volume during the third quarter of 2017, Amounted to about 45.6 billion dinars, or 83.9 percent of the total. "The second place came in the industrial sector, where the volume of trading amounted to about 3.6 billion dinars, 6.7% of the total, and came in third place the agricultural sector, where the turnover amounted to about 1.8 billion dinars and by 3.4 percent of the total."  He explained, "The average session of the volume of trading during the third quarter of 2017 about 920.0 million dinars compared to about 960.1 million dinars during the second quarter of 2017, where the number of trading sessions during this chapter 59 trading session compared to 58 trading sessions for the second quarter of 2017" . Shares traded The report recorded a rise in the number of shares traded during the third quarter of 2017 to 98.5 billion shares compared with about 90.0 billion shares during the second quarter of 2017, an increase of 9.4 percent; it is worth mentioning that the number of shares for the third quarter fell by 49.6 percent from what it was in The third quarter for the year 2016.  "The banking sector during the third quarter of 2017 ranked first in terms of the number of shares traded with the number of shares amounted to 94.0 billion shares and 95.5 percent of the total."  He pointed out that "the second place was resolved in the industrial sector with the number of shares amounted to about 2.8 billion shares and 2.9 percent of the total, while in third place the service sector where the number of shares traded 1.0 billion shares and 1.0 percent of the total," indicating "The average session of the number of shares traded during the third quarter of 2017 about 1.7 billion shares compared to 1.6 billion shares for the second quarter of 2017. Number of contracts The number of contracts executed during the third quarter amounted to about 19.8 thousand compared to about 23.3 thousand contracts for the second semester of 2017 and a decrease of 15.1 percent, noting that "the number of contracts for the third quarter rose by 6.0 percent from the third quarter of 2016 "He said. He added that "the banking sector ranked first in terms of the number of contracts, which amounted to about 9.1 thousand contracts and 46.2% of the total, while the second place was the industrial sector, where the number of contracts about 4.4 thousand contracts and 22.3% of the total.  The number of executing contracts reached about 335.6 contracts during the third quarter of 2017, compared to 402.2 contracts during the second quarter of 2017.  The index The general index of share prices in   the Iraqi Stock Exchange for the   third quarter of 2017 rose by   1.93 percent to close at the end of the third quarter of 2017 at 587.22 points compared to 576.11 points at the end of June 2017.  Foreigners  purchase foreigners during this chapter amounted to 13104.9 million dinars Less than the sale of foreigners during   this chapter, where the sale amounted to 9056.5    million dinars, which made the net   foreign investment "buying shares and selling by foreigners," rising to a net investment of 4048.4 million   dinars.

[mr.unlikely]

Happens every year. ISX closure at end of year, nothing to get excited about. This is the 8th time I've seen them do this. Been in it since 09. Always the same at years end. These camel jockeys need a week to sort out the ISX mess they made during the year. 

They could do it in 3 days but they are on vacation for 4 of them, So....... we wait. 

[10 YEARS LATER]

[yota691]

The increase in the stock exchange to 30.5 billion dinars

 

Wednesday's trading

Economy News Baghdad: The volume of shares traded in Wednesday's session on the stock exchange, to 30.5 billion shares worth 23.6 billion dinars as a result of the implementation of three orders on the shares of three banks. The stock closed higher than the previous session by 0.09% to close the general index at the point 567.2, and traded during the day shares of 29 companies out of 101 listed companies in the market. The number of shares purchased by non-Iraqi investors amounted to 55.8 million shares valued at 101.9 million dinars through the implementation of 57 transactions on the shares of 6 companies, while the number of shares sold from non-Iraqi investors 300 million shares valued at 105 million dinars through the implementation of 14 transactions on the shares of the company one. The meeting witnessed the implementation of three orders corresponding to the shares of the banks of Iraq and international development and Mosul. The shares of the meat production and marketing company rose by 9.8%, the manufacture and marketing of dates by 4.5% and the production of ready-made garments by 3.7%, while the shares of the Middle East Bank 2.78% and the city of games Karkh 2.6% and Al-Mansour Bank by 1.35%.   Views 26   Date Added 12/13/2017