NEW & NOTEWORTHY  Rabee Securities (RS) was granted the first license to trade on the Erbil Stock Exchange (ESX).

Economics

Iraq’s finance minister preparing legislation to reform economy

Iraq’s Minister of Finance Ali Allawi said on Sunday that the federal government is preparing to start an economic reform project to rejuvenate the economy, with legislation expected in the Council of Representatives within the next three months. “Our plan includes all aspects of economy and production,” Allawi said. “The reform plan will rejuvenate the economy and a lot of income will be transferred to the banks of the government and, in an indirect way, it will prevent corruption,” he added.

Source: https://nrttv.com/En/News.aspx?id=22157&MapID=2

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 627.0 2.6% -4.8%
USD RSISX 656.3 2.6% -6.4%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BBAY 0.080 14.3%
BUND 0.080 14.3%
BIME 0.110 10.0%
BIBI 0.250 8.7%
BASH 0.270 8.0%

Worst Performers

Code Closing (IQD) % Chg
BQAB 0.580 -17.1%
TZNI 2.350 -2.1%
IMAP 1.220 -0.8%
SILT 1.300 -0.8%
INCP 2.180 -0.5%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BBOB 279.3 225.2
IBSD 136.1 109.8
TASC 44.8 36.1
INCP 14.6 11.7
BGUC 13.5 10.9

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 45.1 36.3
Banking 342.8 276.4
Industry 152.6 123.1
Hotels & Tourism 2.3 1.9
Services 20.7 16.7
Agriculture 0.4 0.3
Insurance 3.5 2.8
Investment - -
Money Transfer - -
Total 567.4 457.6