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Economics

Iraq reopens 180-km oil pipeline between Kirkuk, Baiji, Baghdad

Oil Minister, Jabbar al-Luaibi said on Tuesday that Iraq has reconstructed and opened an oil pipeline that stretches between Kirkuk, Baiji and Baghdad. The 180-km pipeline has the capacity to transport more than 40,000 bpd and will supply fuel to generate electricity for areas in northern Baghdad, he said. It will lower the cost of the oil flowing from Kirkuk oil field, as there is no longer the need for tanker trucks, he added. Kirkuk is believed to have close to 8.7 bn barrels of oil – approximately 30% of Iraq’s total oil reserves.

Source: http://www.nrttv.com/EN/News.aspx?id=1858&MapID=2

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 573.6 -1.4% -13.0%
USD RSISX 617.4 -1.4% -13.1%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
IMOS 4.410 10.0%
AIPM 4.150 6.4%
SMRI 1.560 2.6%
IHLI 0.410 2.5%
IMIB 1.860 2.2%

Worst Performers

Code Closing (IQD) % Chg
BUND 0.080 -11.1%
BMNS 0.620 -4.6%
IBSD 2.920 -2.3%
HNTI 7.900 -1.9%
INCP 0.670 -1.5%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
IHLI 96.3 79.8
HBAY 51.3 42.5
IBSD 37.1 30.7
BMNS 32.4 26.9
IMIB 20.6 17.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 19.9 16.5
Banking 95.1 78.8
Industry 169.6 140.7
Hotels & Tourism 53.1 44.0
Services 16.7 13.8
Agriculture 12.1 10.0
Insurance - -
Investment - -
Money Transfer - -
Total 366.5 303.9