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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 586.5 -0.2% -11.0%
USD RSISX 626.6 0.2% -10.6%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BIBI 0.260 8.3%
IITC 10.250 2.5%
SKTA 4.250 2.4%
INCP 2.230 1.8%
IMAP 1.100 0.9%

Worst Performers

Code Closing (IQD) % Chg
BNAI 0.680 -9.3%
HNTI 9.850 -4.3%
BKUI 1.060 -2.8%
BMNS 0.610 -1.6%
HBAY 67.000 -0.7%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BTRI 1,960.1 1,613.2
BKUI 123.0 101.2
SKTA 68.4 56.3
BMNS 53.1 43.7
TASC 43.5 35.8

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 45.4 37.4
Banking 2,181.4 1,795.4
Industry 103.2 84.9
Hotels & Tourism 6.6 5.4
Services 70.7 58.2
Agriculture 2.5 2.1
Insurance 1.1 0.9
Investment - -
Money Transfer - -
Total 2,410.9 1,984.3