Dunia Weekly Iraq Market Tracker

Advertising Feature

Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a proxy Iraq play as much as practicable. It also identifies and analyzes the primary political and security events that occur in country that have market-moving implications.

Click here to access the report.

Companies Mentioned:

DNO, Exxon Mobil, Genel Energy, Gulf Keystone

Action Calls:

  • Iraqi Budget passed: Maliki gets most of what he wants, gives little that is not strictly symbolic.
  • Genel starting to look elsewhere: Genel can’t really stomach increasingly frothy valuations, but majors may.
  • Basra SPM still not operational: We celebrated too soon, but bellwether works.

Headlines:

  • Riyadh names ambassador to Iraq: Small step forward, confirming Iraq is not Iran’s puppet. Hopefully more progress to come.
  • AQI claims attacks: Worrisome, part of recent uptick in violence. Will indicate political progress, or not.

Calendar Events Discussed:

  • Next week – Discussions on former Deputy PM Mutlaq’s potential return
  • April – National Reconciliation Conference

Click here to access the report, or to add your email address to Dunia’s mailing list to receive the Iraq Market Tracker via email.

Comments are closed.