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Economics

Number of Iraqi hotels on increase, Ministry

Iraqi Planning Ministry announced that the number of hotels in the country was increased by 9% during 2017, in comparison to 2016, but the number of tenants was reduced by 21% in comparison of the previous year. In a statement, the ministry said that there are 1618 tourist hotels and centers, in comparison to 1484 in the past year. Karbala witnessed the biggest share on this increase by 47%, to be followed by Baghdad (22%), Najaf (22%) and Basra (3%), the ministry pointed out. 99% of these hotels belonged to the private sector. The percentage of the five-star hotel in these figures reached only to 1%, the ministry disclosed.

Source: http://www.iraqtradelinknews.com/2018/09/number-of-iraqi-hotels-on-increase.html

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 658.4 0.4% -18.8%
USD RSISX 704.8 0.4% -15.7%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BIME 0.130 8.3%
BNOI 0.250 4.2%
IBSD 3.570 1.7%
- - -
- - -

Worst Performers

Code Closing (IQD) % Chg
BNAI 1.100 -9.1%
IKLV 1.100 -3.5%
BBOB 0.290 -3.3%
IIDP 1.010 -1.9%
AIPM 4.250 -1.6%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BMNS 100.6 82.9
IBSD 48.9 40.3
BIME 36.3 30.0
TASC 30.6 25.2
BBOB 18.4 15.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 30.6 25.2
Banking 193.0 159.1
Industry 64.6 53.2
Hotels & Tourism 2.4 2.0
Services 6.8 5.6
Agriculture 0.6 0.5
Insurance - -
Investment 0.0 0.0
Money Transfer - -
Total 297.9 245.7