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Economics

Russia may Triple Investment in Iraqi Oil

Investment by Russian oil and gas companies in Iraq may increase three-fold, according to a report by Tass. It quotes Russian politician Yury Fedorov [Nikolay Vasilyevich Fyodorov] as telling the Iraqi Ambassador to Russia, Abdul-Rahman Al-Husseini, that the total investment in Iraq by companies such as Lukoil, Bashneft and Gazprom Neft has exceeded $10 bn, and that this could triple. “Our companies such as Zarubezhneft, Tatneft and Rosneftegaz also show a high degree of interest,” he added.

Source: https://www.iraq-businessnews.com/2020/02/13/russia-may-triple-investment-in-iraqi-oil/

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 556.2 -0.7% -15.6%
USD RSISX 577.5 -0.7% -17.6%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
TASC 6.990 2.0%
INCP 2.280 0.9%
HSAD 11.550 0.4%
- - -
- - -

Worst Performers

Code Closing (IQD) % Chg
IMOS 6.300 -5.0%
HPAL 8.370 -4.9%
BNOI 0.500 -3.8%
SKTA 3.450 -2.5%
BCOI 0.430 -2.3%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
IBSD 282.4 225.9
BAIB 220.0 176.0
BMNS 144.4 115.5
BBOB 125.5 100.4
TASC 76.7 61.3

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 76.7 61.3
Banking 513.7 411.0
Industry 388.9 311.1
Hotels & Tourism 29.7 23.8
Services 15.4 12.3
Agriculture 0.9 0.7
Insurance - -
Investment - -
Money Transfer - -
Total 1,025.3 820.3