Weekly Bulletin Table (1.0): Weekly Value Traded IQD26,316,138,000 Table (1.6): Iraqi Dinar Value (CBI Auction Price) 1USD= (1184)
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9 December 2017 Weekly Bulletin Table (1.0): Weekly Value Traded IQD26,316,138,000 Table (1.6): Iraqi Dinar Value (CBI Auction Price) 1USD= (1184) RSISX Index 1350 1600 10 1300 1400 8 1250 1200 6 For any inquiries, contact: 1200 1000 4 ($ mn) 1150 Research 800 2 1100 Aysegul Ozge Ozgur 600 0 SVP, Head of Research ([email protected]) J-07 J-07 J-08 J-08 J-09 J-09 J-10 J-10 J-11 J-11 J-12 J-12 J-13 J-13 J-14 J-14 J-15 J-15 J-16 J-16 J-17 J-17 J-17 J-17 J-15 J-15 J-15 J-16 J-16 J-16 J-17 A-14 A-15 A-16 A-07 A-08 A-09 A-10 A-11 A-12 A-13 A-17 F-15 F-16 F-17 O-07 O-16 O-17 O-08 O-09 O-10 O-11 O-12 O-13 O-14 O-15 A-15 S-15 A-16 A-15 A-16 S-16 A-17 A-17 S-17 N-17 N-15 D-15 N-16 D-16 O-15 O-16 O-17 M-15 M-15 M-16 M-16 M-17 M-17 Tugba Tan ISX-Daily Trading Vol. $ (Right) IQD RSISX Index USD RSISX Index Analyst ([email protected]) News from Iraq Politics Ahmed Abdul - Ameer Table (1.1): Best Performers - Weekly Table (1.2): Worst Performers - Weekly • Iraq demanded on Thursday that the U.S. government backtrack on a decision to recognize Jerusalem as Junior Analyst ([email protected]) Israel's capital to avoid fuelling terrorism and a prominent Iraqi militia said the decision was a reason to attack Code Price (IQD) Price Chg/w Code Price (IQD) Price Chg/w U.S. troops. President Donald Trump reversed decades of U.S. policy on Wednesday and recognized Jerusalem Lana Nihad IRMC 12.050 14.8% IIDP 0.870 -7.4% as the capital of Israel, imperiling Middle East peace efforts and upsetting the Arab world and Western allies Associate ([email protected]) BBAY 0.300 3.4% AMAP 0.310 -6.1% alike. (Reuters) IMIB 0.650 3.2% BMFI 0.320 -5.9% • U.S. President, Donald Trump spoke by phone on Monday with French President Emmanuel Macron on [email protected] ways to bring about accord in Iraq and Kurdistan, the White House said in a statement. Trump and Macron AIPM 3.300 1.5% BKUI 1.250 -5.3% agreed that there is need for the differences between the Kurdistan Region and Baghdad to be addressed AIRP 7.700 1.3% Trading BNOI 0.450 -4.3% through dialogue, the White House reported. Both sides further discussed bilateral relations between the U.S. and France and their commitment to stability in the Middle East and North Africa. (Basnews, NRT TV) [email protected] • Iraqi Prime Minister Haider al-Abadi said the government of Iraq is ready to begin talks with the Address: 903/14/19 Table (1.3):RSISX Index Vs. Neighbour Market S.E. Table (1.4): Top 5 Traded Vol. - weekly Kurdistan Regional Government (KRG) but the region “needs to resolve their internal issues first.” Abadi said Karada, Baghdad-Iraq Index Chg. Chg. Code Price Trad.Vol./w during a press conference on Tuesday these internal issues need to be solved, “particularly as some Kurdish Tel: +964 (0) 727 002 0407 parties consider the KRG illegitimate.” (NRT TV) Index Close Close /w /YTD IQD IQDbn $mn [email protected] Economics RSISX IND-IQD 777 -1.2% -19.0% BIDB 0.800 14.4 11.4 • Iraq- Russia's Gazprom Neft and its partners developing Iraq's Badra oilfield plan to invest a further RS Website: RS.IQ EGYPT 14,301 -1.9% 15.8% BTRI 0.700 7.0 5.6 $2.5bn in the project until 2030, Gazprom Neft Chief Executive Alexander Dyukov said on Wednesday. So far, RS Bloomberg page: <RSIQ> KUWAIT 6,187 -0.2% 7.6% BMFI 0.320 1.9 1.5 investments by an international consortium which includes Gazprom Neft, South Korea's Kogas, Malaysia's SAUDI 7,086 1.6% -1.7% BCIH 2.750 1.4 1.1 Petronas, and Turkey's TPAO, have amounted to $4.0bn. (Zawya) • Saudi Minister of Energy and Industry Khalid Al-Falih announced his country’s intention to sign 18 MUSCAT 5,066 -0.8% -12.4% Closing prices for the shares traded on BBOB 0.610 0.4 0.3 memorandums of understanding in the field of energy and oil sector with Iraq. “We have 18 memorandums of the ISX are now available on QATAR 7,774 -0.1% -25.5% understanding that will be signed with Iraq, which is the first and beginning of agreements and partnerships In the last session of the week (Thursday), Bloomberg. DUBAI 3,393 -0.8% -3.9% between the two sectors and will be launched to other sectors after our previous visits to Baghdad,” Al-Falih ABUDHABI 4,277 -0.1% -5.9% 27 companies were able to trade and 24 said in a speech at the opening of the Basra International Oil and Gas Exhibition. (Economic Iraq) DISCLAIMER BAHRAIN 1,267 -1.3% 3.9% companies were unable to do so mainly • Saudi Basic Industries Corp (SABIC) plans to open an office in Iraq soon, Saudi Arabia's energy minister This publication may not be reproduced, modified, or said during a visit to Iraq's southern oil city of Basra, as relations between Riyadh and Baghdad thaw. (Zawya) re-disseminated in whole or in part without the prior due to their General Assembly Meeting or TURKEY 107,921 4.2% 38.1% • In a move to help enhance Iraq’s energy supply, Siemens announced the signing of multi-million euro written permission of Rabee Securities. The ISX / ISC Instructions. IRAN 91,092 -0.1% 14.3% information provided herein is of a general nature and service contracts with the country’s Ministry of Electricity. The project will see the maintenance and upgrade services of seven power generating units inside four power plants located in the areas of South Basra, Salah El for informational purposes only and is not intended to serve as an offer or solicitation with respect to the CBI auction price of Iraqi Dinar remained stable at 1184 to the dollar, while exchange rate of Iraqi Deen, Middle Region and Middle Euphrates. (Zawya) purchase or sale of any security, or as a • The Secretary-General of the Council of Ministers, Dr. Mahdi Al-Alak, expressed his hope that the State recommendation to adopt any particular trading Dinar realized at 1260 as end of the week. Volumes for the week reached IQD26.3bn ($20.9mn), Council would review the draft law on partnership between the public and private sectors, noting that the strategy. Such information is subject to change and the numbers of shares traded reached 36.3bn. legal department will review it in the coming days before submitting it to the Council of Ministers and without prior notice. Although Rabee Securities referring it to the House of Representatives for approval. (Cabinet.iq) obtains information from sources it considers reliable, Foreigners executed total 118 transactions this week. They executed 88 buying transactions • In cooperation with the General Secretariat of the Council of Ministers and the Central Bank of Iraq (CBI), Rabee Securities makes no representations or amounted at IQD140mn ($111K) and 30 selling transactions amounted at IQD56mn ($45K). Thus, the British Frontier Exchange, the international exhibitions and conferences for the financial sector and banks, warranties, express or implied, as to the information's accuracy or completeness. net purchases of foreigners reached IQD84mn ($67K) while their share in total trading volume held a conference on banking and investment in Iraq. “Iraq Banking & Investment Summit”, which was held at The Rashid Hotel in Baghdad on 2-3 December 2017, was attended by the Governor of the CBI, the Furthermore, such information may be incomplete was 0.4%. or condensed. Rabee Securities, its affiliates, representative of the Secretary General of the Council of Ministers, the Chairman of the National Investment Authority and a number of members of the House of Representatives. (Cabinet.iq) directors, employees, assigns, agents, and successors Table (1.5): Iraq's International Bonds bear no liability for any errors or omissions in this ISX, ISC & CBI Announcements publication or for any losses arising from the use of or • Al-Ameen Financial Investment (VAMF) will hold its AGM* on Dec. 17, 2017 to discuss and approve 2016 reliance upon this information. This limitation on 2023 Eurobond (Coupon rate:6.75% - 2028 Eurobond (Coupon rate:5.80% - 2 annual financial results. ISX will suspend trading of VAMF starting Dec. 12, 2017. liability applies to direct, indirect, consequential, • special, punitive, or other damages, as well as 2 times/year, Issue Vol.: $1.0bn) times per year, Issue Vol.: $2.7bn) Ishtar Hotels (HISH) will hold AGM* on Dec. 13, 2017 to discuss and approve 2016 annual financial damages for loss of profits or business interruption. results. ISX will suspend trading of HISH starting Dec. 10, 2017. Price Yield Price Yield • Middle East Producing & Marketing – Fish (AMEF) resumed trading on Dec. 5, 2017 after discussing and Investors shall bear all responsibility for investment decisions taken on the basis of the contents of this Last 101.11 6.49 95.39 - approving 2016 annual financial results and deciding to distribute 20% cash dividend (IQD0.20 dividend per report.