Iraq Stock Market Report
Rabee Securities’ Iraq Stock Exchange weekly report for the week ending 24 Jul 2026 shows the RSISX index at 2,834.7 (+1.93% w/w, +10.87% YTD) and RSIBX at 6,063.9 (+2.55% w/w). Weekly trading volume was IQD 47,992.1 mn, with 72 traded companies. Top gainers included United Bank (BUND) and Elaf Islamic Bank (BELF); top losers included Al-Qabedh Islamic Bank (BQAB).
How this was made
The 30-second read
Why it matters
Actionable items are mainly regulatory calendar events (suspensions and resumption dates) and one explicit rights issue (BERI) plus a stated rights issue percentage (SMRI). The PepsiCo capacity agreements are operational catalysts but not quantified financially for the listed counterparties in the excerpt.
Market read
Traders can use the suspension and resumption calendar for near-term liquidity and event-risk management, while top gainers/losers provide momentum context without underlying catalysts.
What to watch
The excerpt lacks details on dividend amounts, rights issue offer prices, and whether capacity agreements translate into binding purchase volumes, which limits conviction on direction.
Background
This is a weekly Iraq Stock Exchange market report with index changes, top gainers/losers, trading volume leaders, and a list of stocks suspended or resuming trading.
Ticker impact
Iraq Noor Islamic Bank (BINI) is among top active by volume and is referenced in cross transactions totaling 37.5 bn shares.
Liquidity-driven volatility possible; price direction not determinable from cross-transaction data alone.
The excerpt gives transaction size and value but no accompanying price reaction or new corporate event.
Market effects
Banking dominates trading volume (97.1% of value), so suspension and rights-issue headlines can concentrate liquidity risk in the sector.
Iraq-focused exchange report; limited direct spillover beyond local market participants.
Low for global macro, but local corporate-action calendars can affect regional risk appetite for Iraq-listed equities.
Counterpoint
Price movers here may reflect mechanical effects (cross transactions, resumption/suspension) rather than fundamental improvement, so momentum trades could fade quickly.
Key entities
- market_report_providerRabee Securities
Publisher of the ISX weekly market report and index/closing data.
- exchangeIraqi Stock Exchange (ISX)
Venue for the listed-company trading and suspension/resumption decisions referenced.
- issuerErbil Bank for Investment and Finance (BERI)
Resumed trading after AGM and approved a 13.2% rights issue per the report.
- issuerGulf Insurance and Reinsurance (NGIR)
Suspended for missing quarterly statements and scheduled to resume on Jul. 26 after 1Q26 disclosure.
- corporate_partnerPepsiCo
Signed agreements in Iraq with IBSD and GICO to expand manufacturing capacity and support agriculture.
