HedgeWeek: Silk Road Management launches two debut Iraqi equity indices

Silk Road Management has launched the Silk Road Iraq Index (SILKIQ) and Silk Road Iraq Oil Index (SILKIO), two debut equity indices that include largest Iraq-focused companies, listed on the Iraq Stock Exchange (ISX) as well as international bourses in London, Toronto and Oslo. The Silk Road Iraq Index currently covers 26 companies with total market capitalisation of USD12.8 billion (January 1, 2012). The Silk Road Iraq Oil index contains seven internationally listed oil & gas companies with assets and operations in Iraq with total market capitalisation of US$9.6 billion (January 1, 2012).  In the first month of this year alone, the Silk Road Oil Index surged +24% while SILKIQ grew +14%. To read the full article, click hereSilk Road Management launches two debut Iraqi equity indices

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