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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 642.8 2.5% -2.5%
USD RSISX 692.4 2.5% -2.5%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BMNS 0.730 5.8%
BCOI 0.430 4.9%
IMOS 4.330 4.3%
BBOB 0.290 3.6%
BNOI 0.330 3.1%

Worst Performers

Code Closing (IQD) % Chg
AMAP 0.300 -9.1%
HSAD 10.000 -7.0%
BELF 0.190 -5.0%
HPAL 9.880 -3.6%
BROI 0.390 -2.5%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BBOB 96.9 80.4
BMNS 65.2 54.1
BIME 24.6 20.4
BGUC 24.4 20.2
IIDP 19.7 16.4

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 8.9 7.4
Banking 254.7 211.4
Industry 70.4 58.5
Hotels & Tourism 14.8 12.3
Services 3.6 2.9
Agriculture 10.2 8.4
Insurance - -
Investment - -
Money Transfer - -
Total 362.6 300.9