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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 702.6 0.5% -13.4%
USD RSISX 750.5 0.5% -10.2%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BMNS 0.670 9.8%
IBSD 3.600 2.9%
BCOI 0.430 2.4%
- - -
- - -

Worst Performers

Code Closing (IQD) % Chg
TASC 7.390 -4.6%
BNOI 0.260 -3.7%
AIPM 4.610 -2.9%
BIIB 0.360 -2.7%
SMOF 13.550 -2.6%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BCIH 675.8 556.2
BMFI 469.3 386.3
TASC 123.6 101.7
IBSD 68.5 56.4
SKTA 28.8 23.7

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 123.6 101.7
Banking 1,178.5 969.9
Industry 79.5 65.4
Hotels & Tourism 9.6 7.9
Services 53.2 43.8
Agriculture 26.8 22.0
Insurance - -
Investment - -
Money Transfer - -
Total 1,471.0 1,210.7