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 615.1 3.2% -6.6%
USD RSISX 643.9 3.2% -8.1%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BIME 0.110 10.0%
BIBI 0.250 8.7%
BBOB 0.380 8.6%
BCOI 0.480 6.7%
BLAD 0.170 6.2%

Worst Performers

Code Closing (IQD) % Chg
IMIB 2.660 -3.3%
AIPM 4.250 -1.2%
SILT 1.370 -0.7%
- - -
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TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
IBSD 299.5 241.6
BBOB 186.7 150.5
BIME 13.1 10.5
BCOI 12.5 10.1
INCP 9.2 7.4

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom - -
Banking 236.3 190.5
Industry 317.4 256.0
Hotels & Tourism 0.9 0.7
Services 7.7 6.2
Agriculture 4.9 3.9
Insurance - -
Investment - -
Money Transfer - -
Total 567.2 457.4