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Politics

The Council of Ministers holds its regular session headed by Prime Minister Mustafa Al-Kadhimi and issues several decisions

The Council of Ministers held its regular session, on Tuesday, headed by Prime Minister (PM) Mustafa Al-Kadhimi. During the session, the Iraqi Cabinet approved a long-awaited economic reform plan. Iraq’s Minister of Finance, Ali Allawi, described it as a “road map for the reforms for the coming three to five years.” The three-year plan addresses the economic and fiscal crisis mainly through cutting public spending, stopping waste, fighting corruption and moving away from oil revenues. It targets the productive and service sectors of the government to improve poor public services and debilitated infrastructure. For the private sector, it calls for loans and facilitation for procedures in order to create jobs. The plan will be sent to the parliament for final endorsement

Source: https://pmo.iq/press2020/13-10-202001.htm

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 686.5 0.0% -5.4%
USD RSISX 608.2 0.0% -8.3%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BMFI 0.140 7.7%
SMRI 2.250 7.1%
BBOB 0.390 2.6%
HNTI 8.200 2.5%
- - -

Worst Performers

Code Closing (IQD) % Chg
SIGT 1.540 -6.7%
HPAL 8.530 -3.1%
IMOS 6.600 -2.9%
TASC 7.360 -2.5%
IKLV 1.490 -2.0%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
TASC 167.3 115.4
BNOI 30.9 21.3
INCP 30.4 21.0
SIGT 21.0 14.5
BBOB 17.5 12.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 167.3 115.4
Banking 64.6 44.6
Industry 60.8 42.0
Hotels & Tourism 13.2 9.1
Services 38.3 26.4
Agriculture 13.9 9.6
Insurance - -
Investment 2.7 1.9
Money Transfer - -
Total 360.8 248.9