EghtesadOnline: Tehran’s stock market picked up on Wednesday on relative optimism among investors as they approached the shares of export-oriented companies, mostly commodity stocks.
EghtesadOnline: Tehran’s stock market picked up on Wednesday on relative optimism among investors as they approached the shares of export-oriented companies, mostly commodity stocks.
EghtesadOnline: Iran’s Export Concentration Index, which estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income, stood at 0.43 in 2019, about six times higher than that of Turkey and Poland.
EghtesadOnline: The government’s move to sell shares in four major refineries via an exchange-traded fund was received coldly by investors as barely 20% of the assets were bought in the subscription phase.
EghtesadOnline: Tehran Stock Exchange on Saturday banned day trading until further notice, a move seen to encourage investors to adopt “a buy and hold” approach.
EghtesadOnline: Stock yields were higher than other markets in the first half of the Iranian fiscal year (March-Sep. 2020). TEDPIX, Tehran Stock Exchange 's main index shot up 211% during the period.
EghtesadOnline: The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran.
EghtesadOnline: The market cap-weighted index of Tehran Stock Exchange , TEDPIX, gained 10,096 points on Saturday to close session 0.62% higher. The TSE benchmark ended trade at 1,642,037 points, a level seen by market analysts as a strong support level.
EghtesadOnline: The Iranian Privatization Organization published a notice Tuesday outlining details about subscription of government shares in four refineries via an exchange-traded fund.
EghtesadOnline: The plan to presale housing units through standard salaf contract will be implemented next month at the Iran Mercantile Exchange , the IME deputy for economic studies said.
EghtesadOnline: To promote real estate trade and ease the listing of properties, the Iran Mercantile Exchange said it will not charge a fee for listing real estate.
EghtesadOnline: The economy and oil ministries said Tuesday that they would stick with the previously announced method to divest government shares in four refineries via an exchange-traded fund and this week’s decision to offer shares only in blocks has be rescinded.
EghtesadOnline: Extending earlier session’s loss, the Tehran Stock Exchange fell 3.16% on Tuesday and its benchmark, TEDPIX, lost 65,261 points to retreat to the critical 2 million points reached on August 2.