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Politics

Sadr Issues 10-Day Ultimatum for Government to Complete Cabinet

Iraqi powerful Shi’ite cleric and the leader of Sairoon bloc, Muqtada al-Sadr, warned the government on Monday to complete the cabinet within 10 days before his supporters take “a new stance”. “I call on all political blocs to charge the prime minister with completing the cabinet formation process within 10 days,” Al Sadr said in a letter released by his office. Sadr would most likely send his supporters to take to the streets again if the cabinet of Prime Minister Adel Abdul Mahdi is not completed. Several ministerial posts, including the ones of defense and interior, remain vacant in Abdul-Mahdi’s cabinet due to political tensions between the Shi’ite and Sunni blocs over the candidates.

Source: http://www.basnews.com/index.php/en/news/iraq/527865

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 615.8 -0.0% -6.6%
USD RSISX 662.5 -0.0% -6.7%

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Best Performers

Code Closing (IQD) % Chg
AIRP 9.500 2.6%
AISP 5.300 1.0%
IMOS 5.400 0.9%
HBAY 60.080 0.0%
- - -

Worst Performers

Code Closing (IQD) % Chg
BUND 0.050 -16.7%
IMIB 1.990 -7.4%
HNTI 8.610 -1.9%
IIDP 1.060 -1.9%
IHFI 0.700 -1.4%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
IMCI 50.4 41.8
IIDP 27.5 22.8
SBPT 22.2 18.4
INCP 21.9 18.1
BCOI 18.6 15.4

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 15.6 12.9
Banking 43.5 36.0
Industry 127.1 105.3
Hotels & Tourism 19.4 16.1
Services 22.9 19.0
Agriculture 17.8 14.8
Insurance 4.9 4.1
Investment - -
Money Transfer - -
Total 251.2 208.2