Amir Havasi

Business & Markets Desk

  • A total of 3 million tons are set to be added to Iran’s current steelmaking capacity by the end of the current fiscal year (March 20, 2019).
    08/12/2018
    The Iranian steel industry was one of the main winners of the lifting of sanctions against Tehran in 2016. Now, with sanctions back in place, the industry’s future is at stake. The nuclear deal,...
  • Stocks End Trading Week With Solid Gains
    08/11/2018
    The Iranian equity market's meteoric rise last week enabled it to break records, yet it lost steam by the trading week's end on Wednesday and bled part of its gains. Overall, Tehran Stock Exchange...
  • Day of Records in Stock Market
    08/06/2018
    It was a historic day for shares in Iran's equity market on Monday. The primary cause of the excitement is simple yet groundbreaking: The foreign currency exchange market is officially liberalized...
  • Stocks Rise to Notch New High
    08/06/2018
    Stocks posted solid gains on Sunday to extend their 10-day winning streak and reach a new high, defying correction expectations following a slow start to the trading week. At both Tehran Stock...
  • Iran Stocks Experience Highest Weekly Growth
    08/04/2018
    After weeks of tepid performance, a wave of good news regarding changes in the government's foreign exchange policy heaved stocks to heights never seen before. Overall, TSE's all-share index...
  • Iran Stocks Record Highest Daily Growth
    08/01/2018
    Stocks extended their four-day rally on Tuesday, as both Tehran Stock Exchange and Iran Fara Bourse registered their highest-ever single day growth. TSE's main index TEDPIX surged 4,414.07 points...
  • Stocks Rally on Rumors of Forex Policy Change
    07/29/2018
    Investors can finally imagine the government loosening its grip on the foreign currency market without being called dreamers. And with the prospect of change on the horizon, stocks have jumped....
  • Stock Investors in Wait-and-See Mode
    07/28/2018
    Investors took a wait-and-see approach last week at the stock market, as political tensions escalated between Iran and the United States, with the first wave of sanctions against the Islamic...
  • Over 33.14b shares valued at $1.99 billion were traded on TSE last month, registering a 32.8% and 21.3% growth in volume and value respectively compared to the month before. (Photo: A. Batatloo)
    07/24/2018
    Predictability in Iran's stock market these days is gone and investors are going down the rabbit hole with it.  They still eye companies' performance, macroeconomic indices and parallel markets'...
  • Command Economy Taking Biggest Toll on Stocks
    07/22/2018
    Bulls at Tehran stock market are exhausted, as bears keep swiping indices and prices down.  Last month's meteoric rally seems like a bygone memory after a huge plunge, an unsuccessful rebound and...
  • Stocks Bow to Systematic Risks
    07/21/2018
    Systematic risks have caught up with the Iranian stock markets. Concerns regarding base metal prices, based on a stronger dollar and an escalating trade war between the US and China, sunk metal...
  • Steel Sales Up 42% in Q1
    07/17/2018
    Coming out of a prosperous year with rising sales and profits, Iranian steel companies had a slower growth in the first three months of the current fiscal year (March 21-June 21), but still managed...
  • US-China Trade War Worries  Push Down Stocks in Iran
    07/14/2018
    Comatose for most of the week, Tehran stocks took a hit on Wednesday as the prospect of a full-scale global trade war drove panicked investors into a selloff. A heavyweight petrochemical initial...
  • Tax Cut for Stock Trading,  Exemption for Capital Increase
    07/10/2018
    Tehran stock market's turbocharged rally in recent weeks had many up on their feet and cheering for what seemed like a healthy growth compared to other parallel inflated markets.  Government...
  • Tehran Stocks Return to Safety
    07/07/2018
    Weekly rollercoasters are becoming a familiar sight in Tehran stock markets. In the week before last, positive market signals were conspicuous as trade volume stayed strong compared to the market's...
  • Fresh Risks Constrain Tehran Stocks Bull Run
    06/30/2018
    After nine consecutive days of growth, stocks pulled the breaks last week and price corrections ensued. Positive signals such as rising money supply in the stocks market and constructive...
  • Stocks at Historical High as  Forex Open Market Returns
    06/26/2018
    Bulls are reigning over Tehran equity markets just as foreign exchange, gold, housing and stock markets have all recorded unprecedented gains. Recent changes in government forex policy are also...
  • Tehran Stock Exchange Benchmark Gains 13 Percent in Q1 - Report
    06/21/2018
    Iran's financial markets had no shortage of drama in the first quarter of the current fiscal year (March 21-June 21).  A burst of currency shocks led to a major change in the government's foreign...
  • Fresh Money Supply Breathes New Life Into Tehran Stocks
    06/17/2018
    Tehran stocks had one of their best weeks to date with spiking growth in every single index, all due to a meteoric rise in Wednesday trade. Tehran Stock Exchange’s all-share index, TEDPIX, gained...
  • Both the number of traded shares and trade value grew over 55% on Wednesday compared to Tuesday, as over 1.6 billion shares valued at $103.72 million were traded at TSE on June 13.
    06/13/2018
    Tehran stocks ended the trading week with a bang, as both Tehran Stock Exchange and Iran Fara Bourse reached new highs on Wednesday's close. The day's meteoric rise was rather unexpected on the...
  • HEPCO Privatization: Once Bitten, Twice Bitten, Thrice?
    05/28/2018
    This is the story of Iran’s largest producer of mineral machinery, Heavy Equipment Production Company (HEPCO), who weathered two privatizations, two financial collapses and is now going through its...
  • Head of Sistan-Baluchestan’s Ports and Maritime Organization Behrouz Aghaei (L) shakes hands with Managing Director of Life Trade Promotion Company Mohammad Arazesh after signing the agreement on May 23.
    05/27/2018
    Life Trade Promotion Company signed an agreement with Sistan-Baluchestan Ports and Maritime Organization on Wednesday to establish Iran’s first fully mechanized mineral export terminal in Chabahar’...
  • Tehran Stocks Unshaken by US Nuclear Deal Pullout
    05/23/2018
    Iran nuclear deal seems to be on life-support these days, as the United States has unilaterally pulled out of the accord and other signatories are making frantic efforts to hold the deal together...
  • Tehran Stocks: Back With a Bang and Favoring Small-Caps
    05/19/2018
    "Good riddance!" must have been how Tehran equity market traders reacted when the United States...
  • Over 5.63 billion shares valued at $349.1 million were traded on TSE last week.
    05/12/2018
    This week saw one of the main Tehran equity market's uncertainties come to a close, as the United States announced its refusal to waive key economic sanctions on Iran as part of the 2015 nuclear...

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