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Economics

Salaries in Kurdistan Region will be paid 'in full': PM Barzani

The Kurdistan Region's salary-saving system will be abolished because of improved Erbil-Baghdad relations, Kurdistan Region Government (KRG) PM Nechirvan Barzani announced on Friday. “I am glad to announce that starting from this month, the salary savings decision in Kurdistan Region will be removed and the salaries will be paid as they are — in full,' said Barzani, referring to the unpopular move by Erbil in 2016. “It [the salary saving system] was the most unpleasant and difficult decision of our political lives,” said Barzani.

Source: http://www.iraqdailyjournal.com/story-z18627104

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 963.1 4.9% 32.8%
USD RSISX 848.6 5.0% 28.0%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BLAD 0.220 15.8%
VKHF 0.100 11.1%
BIME 0.220 10.0%
BBAY 0.120 9.1%
BELF 0.480 9.1%

Worst Performers

Code Closing (IQD) % Chg
IMIB 2.500 -3.8%
TZNI 2.250 -2.2%
SMRI 2.330 -2.1%
BCOI 0.700 -1.4%
IICM 0.840 -1.2%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BNOI 756.6 513.6
BBOB 521.4 354.0
BMNS 189.0 128.3
TASC 171.3 116.3
IBSD 110.6 75.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 171.6 116.5
Banking 1,760.3 1,195.0
Industry 221.3 150.2
Hotels & Tourism 4.6 3.1
Services 76.1 51.7
Agriculture 19.5 13.3
Insurance - -
Investment 0.3 0.2
Total 2,253.8 1,530.1