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Over 2.35 billion shares valued at $144.6 million were traded on TSE last week, registering a 42% and 36% decline compared to the week before.
Over 2.35 billion shares valued at $144.6 million were traded on TSE last week, registering a 42% and 36% decline compared to the week before.
Saturday, May 05, 2018

Equity Traders Show Bear Market Signs

Tehran Stock Exchange’s main index lost 1,184 points or 1.2% during the week that ended on March 2 to close at 93,612.1, as Iran Fara Bourse’s benchmark dropped 3.7 points or 0.3% to stand at 1,057
Saturday, May 05, 2018

Equity Traders Show Bear Market Signs

Business & Markets Desk

Uncertainty is in the air these days for Iran’s financial markets, especially stocks. 
Recent upheavals in the foreign exchange market, coupled with the looming political risks, have all but paralyzed investors and tilted the markets toward bears.
This is now, in fact, an opportune time for portfolio restructuring, as certain share prices are at their all-time low. But the uncertainty surrounding the fate of the 2015 nuclear deal, also known as the Joint Comprehensive Plan of Action, has hamstrung trading.
Overall, Tehran Stock Exchange’s main index TEDPIX lost 1,184 points or 1.2% during the week that ended on March 2 to close at 93,612.1. 
Iran Fara Bourse’s benchmark index, IFX, also dropped 3.7 points or 0.3% to stand at 1,057.
US President Donald Trump has all but decided to withdraw from the nuclear accord by May 12, but exactly how he will do so remains unclear, according to two White House officials and a source familiar with the administration’s internal debate, Reuters reported.
Technically, Trump must decide by the deadline whether to renew “waivers” suspending some of the US sanctions on Iran, including sanctions on Central Bank of Iran and the Islamic Republic’s oil sales.

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