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 795.3 0.8% -2.0%
USD RSISX 819.2 0.8% -2.0%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
IKLV 1.000 9.9%
AIPM 5.780 9.9%
SBPT 17.200 7.5%
BIBI 0.430 4.9%
IRMC 11.000 3.9%

Worst Performers

Code Closing (IQD) % Chg
BMNS 0.760 -1.3%
TASC 5.500 -0.9%
IMOS 5.500 -0.9%
BNAI 1.200 -0.8%
SKTA 4.550 -0.4%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
IKLV 99.3 78.8
TASC 58.2 46.2
BIIB 41.2 32.7
BIBI 31.6 25.1
IBSD 26.0 20.6

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 58.3 46.3
Banking 138.7 110.1
Industry 156.0 123.8
Hotels & Tourism 23.6 18.7
Services 37.0 29.3
Agriculture 2.9 2.3
Insurance 2.7 2.1
Investment - -
Money Transfer - -
Total 419.1 332.6