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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 668.5 0.3% -17.6%
USD RSISX 717.1 0.3% -14.2%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
HMAN 12.000 5.3%
BGUC 0.210 5.0%
BASH 0.230 4.5%
IRMC 12.950 3.6%
IKLV 1.280 3.2%

Worst Performers

Code Closing (IQD) % Chg
AMAP 0.210 -8.7%
IMOS 4.100 -5.5%
AIRP 8.500 -5.5%
BROI 0.400 -2.4%
BCOI 0.460 -2.1%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BAIB 338.9 280.1
BBOB 104.2 86.1
IBSD 62.3 51.5
BGUC 19.6 16.2
IKLV 16.4 13.6

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 1.5 1.3
Banking 504.5 416.9
Industry 112.0 92.6
Hotels & Tourism 35.4 29.2
Services 14.6 12.1
Agriculture 7.3 6.0
Insurance - -
Investment - -
Money Transfer - -
Total 675.3 558.1