Iraq Economic News and Points To Ponder Tuesday Evening 12-30-25
The Iraqi Market Saw Its Name Traded At More Than 57 Billion Dinars In A Week.
Stock Exchange Economy News – Baghdad The Iraq Stock Exchange announced on Tuesday that shares worth more than 57 billion dinars were traded during the past week.
The market said in a report that "the number of companies whose shares were traded during the past week reached 69 joint-stock companies, while the shares of 25 companies were not traded due to the failure of purchase orders to match sale orders, while 10 companies continued to be suspended due to failure to provide disclosure, out of 104 companies listed on the market."
The report added that "the number of shares traded reached 47 billion, 694 million, and 841 thousand shares, an increase of 1075% compared to the previous week, with a financial value of 57 billion, 617 million, and 84 thousand dinars, an increase of 1240% compared to the previous week, through the execution of 4278 transactions."
He noted that "the ISX60 index closed at 988.42 points, recording an increase of 1.95% compared to its closing in the previous session."
The report explained that “the number of shares purchased by non-Iraqi investors last week amounted to 2 billion shares with a financial value of 1 billion dinars through the execution of 71 transactions, while the number of shares sold by them amounted to 53 million shares with a financial value of 240 million dinars through the execution of 35 transactions.”
It is worth noting that the Iraq Stock Exchange holds five trading sessions weekly from Sunday to Thursday, and includes 104 Iraqi joint-stock companies representing the banking, communications, industry, agriculture, insurance, financial investment, tourism, hotels and services sectors. https://economy-news.net/content.php?id=64016
Al-Halbousi: We Are Proceeding With Fulfilling The Constitutional Requirements And Forming A Government That Will Assume Responsibility For Managing The State And Overcoming The Crises
Political | 07:23 - 30/12/2025 Mawazin News – Baghdad The head of the Progress Party, Mohammed al-Halbousi, affirmed on Tuesday the commitment to fulfilling constitutional requirements and forming a government capable of managing the state and overcoming crises.
Speaking to several media outlets from inside the parliament building, al-Halbousi stated that political forces are proceeding with completing constitutional obligations and forming a government able to shoulder the responsibility of governing the country and navigating the crises.
He added that the Iraqi judiciary serves as a safeguard for the political process from a constitutional standpoint, given its role in establishing the legal framework and providing counsel to political forces in accordance with the law and the constitution. https://www.mawazin.net/Details.aspx?jimare=272124
Gold Rebounds After A Two-Week Decline, And Silver Also Recovers
Economy | 30/12/2025 Mawazin News – Baghdad Gold prices rose on Tuesday, recovering from a two-week low hit in Monday's session, following a year-end profit-taking wave that had led to a broad decline in precious metals prices.
Spot gold climbed 1% to $4,374.83 an ounce, after reaching a record high of $4,549.71 last Friday. On Monday, it fell to its lowest level since December 17, 2025, marking its biggest daily loss since October 21 of the same year.
U.S. gold futures for February delivery also rose, gaining 0.8% to $4,377.80 an ounce. The yellow metal performed strongly during 2025, rising by about 66% so far.
This rise was supported by interest rate cuts, market expectations of further monetary easing by the US Federal Reserve, geopolitical tensions, strong demand from central banks, and increased holdings in exchange-traded funds.
Traders expect the US Federal Reserve to cut interest rates at least twice during the next year, as non-yielding assets, such as gold, tend to perform better in a low interest rate environment.
In other metals, silver rose 3% in spot trading to $74.41 an ounce, after recently hitting an all-time high of $83.62. Yesterday, it suffered its biggest daily loss since August 11, 2020.
Silver has risen about 154% since the beginning of the year, outperforming gold, driven by its inclusion on the list of critical metals in the United States, along with supply shortages, declining inventories, and rising industrial and investment demand.
Kelvin Wong, senior market analyst at OANDA, said that the long-term rise for both gold and silver is likely to continue, predicting that prices will reach $5,010 an ounce for gold and $90.90 an ounce for silver within the next six months.
Platinum also rose in spot trading by 1.1% to $2,132.86 an ounce, after recording its biggest daily drop in history yesterday following a record high of $2,478.50.
Palladium also rose by 1.1% to $1,634.29 an ounce, after having lost 16% of its value during yesterday's session.
https://www.mawazin.net/Details.aspx?jimare=272111
The Dollar's Value Fell In Local Markets As The Stock Exchange Closed
Tuesday, December 30, 2025 18:13 | Economy Number of views: 179 Baghdad/ NINA / The exchange rate of the US dollar fell in Baghdad and Erbil on Tuesday evening, coinciding with the closure of the stock exchanges.
The dollar was trading at 143,900 Iraqi dinars per 100 US dollars in Baghdad's Al-Kifah and Al-Harithiya exchanges, down from 144,250 dinars per 100 US dollars earlier in the day.
Exchange rates at local currency exchange shops in Baghdad also declined, with the selling price reaching 144,500 dinars per 100 US dollars and the buying price at 143,500 dinars per 100 US dollars.
In Erbil, the dollar also fell, with the selling price reaching 143,050 dinars per 100 US dollars and the buying price at 143,000 dinars per 100 US dollars. /End https://ninanews.com/Website/News/Details?key=1269320
Saleh's appearance: The Revenue Improvement Is Temporary, And The Solution Lies In Diversifying The Economy And Boosting Productive Spending.
Time: 2025/12/30 Reading: 30 times {Economic: Al-Furat News} Economic expert Mazhar Muhammad Saleh confirmed on Tuesday that the efficiency achieved in managing public liquidity, fulfilling basic obligations, and controlling deficit levels when revenues improve and work to maximize them, is a periodic improvement, not a structural one, due to its direct link to the price cycle of the basic resource, namely oil.
Saleh explained in his interview with Al-Furat News Agency that "this reality constantly calls for a move towards financial strengthening as a preventive option, which is based in essence on examining public spending, analyzing the structure of expenditures, and raising their efficiency to the highest possible level, before thinking about resorting to financing through borrowing."
He explained that “the steps taken to diversify the sources of national income cannot bear fruit through isolated or circumstantial financial measures, but rather require a comprehensive strategy based on an investment budget guided by results and economic impact, not by being satisfied with the logic of allocations, and the transformation from a spending state to a production state, in which public resources are employed to generate sustainable added value, in addition to linking the financial policy with a clear industrial and commercial policy, capable of stimulating the productive sectors and enhancing the competitiveness of the national economy.”
He concluded by saying that "the general budget will remain, otherwise, hostage to the cycle of a single resource, no matter how much its management tools improve in the short term, and no matter how high the level of situational financial discipline." LINK
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