BAGHDAD: Iraq RSISX index ended in red zone at ID1,144 points this week and weekly trading volume was IQD8.4bn($6.8mn).
According to ISX announcement (no. 613 dated on Mar. 22, 2015), United Al-Arabia For Money Transfer (MUTA) completed the listing procedures to be listed on the non-regular market and will start trading on Apr. 8, 2015. The share price will be unrestricted for three actual trading sessions. The share price will be determined after those three sessions. The minimum and maximum share prices (high/low) during the sessions will be +/-20% of the average share price of the last session according to instructions No. (15/3/d). ISX called the shareholders to start depositing their stock certificates before Apr. 8, 2015 session.
Shares of Al-Mansour Bank (BMNS) resumed trading on Mar. 26, 2015 after they approved 2014 annual financial results, distributing 5% cash dividend (IQD0.05 price per share) and electing new board members. BMNS stated that the shareholders can be nominees for the membership of the Board of Directors of the bank.
