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Economics

Shell selling its stake in Iraq's West Qurna 1 oil field

Royal Dutch Shell is seeking to withdraw from Iraq's Majnoon oilfield and the oil ministry has started preparations to finalize its exit, according to an oil ministry letter and oil officials. A letter signed by Iraqi oil minister Jabar al-Luaibi and dated August 23 and directed to Shell Iraq Petroleum Development gave approval for Shell to quit Majnoon. Shell is also in the process of selling its 20% stake in Iraq's West Qurna 1 oil field, a spokesman said on Wednesday.

Source: http://www.zawya.com/mena/en/story/Shell_selling_its_stake_in_Iraqs_West_Qurna_1_oil_field-TR20170913nL5N1LU2JVX3/

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 779.1 0.1% -18.8%
USD RSISX 799.4 0.1% -15.6%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
IIDP 1.090 1.9%
IBPM 1.270 1.6%
IBSD 2.530 0.4%
IITC 7.010 0.1%
- - -

Worst Performers

Code Closing (IQD) % Chg
BNOI 0.450 -10.0%
BLAD 0.380 -7.3%
AMAP 0.300 -3.2%
HISH 11.500 -2.1%
HMAN 13.000 -1.9%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BKUI 161.8 127.9
BQAB 49.8 39.3
IBSD 29.5 23.3
BIBI 17.4 13.7
AISP 15.6 12.4

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom - -
Banking 256.1 202.5
Industry 44.8 35.4
Hotels & Tourism 7.1 5.6
Services 10.4 8.2
Agriculture 17.2 13.6
Insurance 0.1 0.1
Investment - -
Money Transfer - -
Total 335.7 265.4