The share market closed Sunday trade in positive territory for the fourth session in a row boosted mainly by the rise in prices of large caps.
Business And Markets
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With speculations about the removal of the governor of the Central Bank of Iran, Abdolnasser Hemmati, turning into reality, the CBI is waiting for a change of guard. Running in the…
Forex rates advanced again on Sunday in Tehran building on recent gains spurred by reports of change of guard at the Central Bank of Iran. The dollar moved above the critical 240,…
The Iraqi government will free $125 million in debt to Iran to pay for Iran's Covid-19 vaccine order, the energy minister said in Tehran on Saturday. "The money will be transferred…
Tehran’s stock market opened Saturday on a relatively high note making gains unseen in the past several months amid inflow of fresh liquidity by retail traders. The main gauge of Tehran…
With loans outweighing deposits, the loans to deposit ratio increased in the month to February 18. The loan-to-deposit ratio (LDR) reached 81.2% by the end of the month, indicating 0.3…
Currencies rallied in Tehran on Saturday after more than two weeks of stability spurring a rising trend in the domestic bullion market. Vacillating between 228,000-232,000 rials in the…
The insurance industry regulator says more insurance companies is a necessity for increasing the penetration rate of insurers and enhancing service quality, head of the Central Insurance company…
The Social Security Investment Company plans to issue put options for stocks of the Tehran Stock Exchange to help reassure investors that shares are worth buying.
In the first two month of current fiscal year (March 21-May 20) the government borrowed 400 trillion rials ($1.7 billion) in discretionary spending from the Central Bank of Iran, deputy head of…
Net income of listed companies in Iran’s capital market increased by almost 140% in the previous fiscal year that ended in March compared to the year earlier.
To alleviate pressure on the national power grid and prevent blackouts President Hassan Rouhani on Wednesday ordered a ban on all cryptomining until the end of summer.
Building on gains a session earlier, Tehran stocks closed trading week slightly higher on Wednesday thanks to large cap shares. The benchmark of Tehran Stock Exchange, TEDPIX, gained 3,915…
The government on Tuesday sold bonds worth 10.4 trillion rials ($45 million) in the first auction held by the Central Bank of Iran. Buyers were mainly retail and institutional traders in the…
Iran Air, the national flag carrier, plans to employ blockchain technology for domestic ticket sales in collaboration with an unnamed Iranian tech partner. The blockchain-based tickets, known…
Tehran stocks closed Tuesday higher bucking a 7-day losing trend amid gains in most commodity and large cap stocks. The main index of Tehran Stock Exchange, TEDPIX, gained 9,748.42 points…
Tehran Stock Exchange on Wednesday will host the first initial public offering from Kourosh Food Industries (KFI), one of the biggest food producers in Iran. KFI is the third company to…
The government intends to sell property and shares in state companies worth 1,000 trillion rials ($4.5 billion) in fiscal March 2021-22, the economy minister said.
Tehran stocks closed on Monday in negative territory as unrelenting sell-off continued to pull down prices amid lack of demand. Extending seven sessions of the losing streak, the main…
Brokerage companies in Iran’s capital market processed less deals in the last Iranian month to May 21 amid low liquidity of stocks. Stock brokers processed shares worth 1,380 trillion rials ($6…
The Foreign Ministry on Monday dismissed allegations by Bahrain that Iranian banks had been involved in money laundering, saying the charges are politically motivated.
Media outlets on Monday published a letter signed by Mahmoud Vaezi, President Hassan Rouhani’s the chief of staff, in which the Central Bank of Iran has been asked to stop blocking…
Tehran stocks plummeted on Sunday to levels a year ago with the Tehran Stock Exchange main index giving away 1.8%. Following a sharper decline in large caps, the TEDPIX shed 20,303.42 points to…
More than 2.92 million tons of goods worth 406 trillion rials ($1.8 billion) were traded at the Iran Mercantile Exchange in the last Iranian month to May 21. The deals increased 6% in…
Check transactions and bad checks declined in the month ending April 21 soon after the new check law came into effect. More than 6.9 million checks worth 1,480 trillion rials ($6.7 billion)…
