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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 599.8 0.5% -9.0%
USD RSISX 640.7 0.5% -8.6%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
AIRP 11.330 10.0%
SKTA 4.600 4.5%
IIDP 1.230 2.5%
BINT 1.880 1.6%
IBSD 2.670 1.5%

Worst Performers

Code Closing (IQD) % Chg
BIME 0.100 -9.1%
BASH 0.230 -4.2%
HNTI 9.110 -3.1%
BROI 0.390 -2.5%
BIIB 0.410 -2.4%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BAIB 220.0 181.1
IBSD 64.6 53.2
SKTA 57.5 47.3
INCP 50.4 41.5
TASC 48.8 40.2

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 50.7 41.7
Banking 273.6 225.2
Industry 172.1 141.7
Hotels & Tourism 24.3 20.0
Services 61.8 50.9
Agriculture 1.2 1.0
Insurance - -
Investment - -
Money Transfer - -
Total 583.8 480.5