NEW & NOTEWORTHY  Rabee Securities (RS) was granted the first license to trade on the Erbil Stock Exchange (ESX).

Economics

PM Pushes for Budget Cuts

Prime Minister Dr. Haider Al-Abadi has chaired a meeting to review the draft general budget for 2018. At the meeting, which was attended by a number of senior officials from the Ministry of Finance, he stressed the importance of reducing operating expenses to ensure that salaries, pensions and social protection benefits can continue to be paid, and to “encourage growth in the private sector.”

Source: http://www.iraq-businessnews.com/2017/10/10/pm-pushes-for-budget-cuts/

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 767.2 -0.3% -20.0%
USD RSISX 784.1 -0.3% -17.2%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
IMOS 5.920 9.8%
BLAD 0.290 7.4%
HASH 7.250 3.6%
BBAY 0.300 3.4%
AISP 4.160 2.5%

Worst Performers

Code Closing (IQD) % Chg
BKUI 1.270 -8.6%
SBPT 13.200 -4.0%
BGUC 0.320 -3.0%
BROI 0.650 -3.0%
BIIB 0.490 -2.0%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
MTNO 1,125.0 885.8
BSUC 169.4 133.4
BBOB 66.0 51.9
BGUC 52.8 41.6
AISP 49.7 39.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 0.3 0.3
Banking 365.5 287.8
Industry 62.6 49.3
Hotels & Tourism 60.0 47.3
Services 4.9 3.8
Agriculture 50.4 39.7
Insurance 2.4 1.9
Investment - -
Money Transfer 1,125.0 885.8
Total 1,671.2 1,315.9