The Price Earning (P/E) ratio in the stock market has dropped to a historic low at 5.43, prompting investors to snap up the opportunity and shore up their portfolios, an analyst said.
Business And Markets
<p>Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.</p>
The government has said it plans to place 400,000 electric motorcycles and 140,000 hybrid taxi cabs on the market as part of a plan backed by the oil ministry to help protect the environment, said…
In a meeting this week in Putrajaya, the Malaysian de facto capital, the Iranian deputy-minister of welfare, labor and cooperatives agreed with Malaysian officials to expand bilateral…
The recent news from the Central Bank of Iran to oblige charging of transaction fees from 1,000 to 1,500 rials per transaction (pending Money and Credit Council final approval) on ‘Point-of-…
Iranian insurers have proved that they can thrive, or at least survive, with limited access to the global reinsurance markets, according to the report released by Business Monitor International on…
The average capital increase of all listed firms on the Tehran Stock Exchange is close to 100 percent, SENA reported. The entire licenses were offered to increase the capital in the first six…
Some 338,000 tons of commodities worth over 6.6 trillion rials ($2.48 billion) were traded at Iran Mercantile Exchange during the week ending September 25. In the industrial and mineral products…
Despite the cessation of steel imports, prices have not changed in the domestic market as there is little desire for an increase in purchases.
The Securities and Exchange Organization plans to set up a futures exchange for trading of foreign currencies, director of SEO’s supervisory office said.
Over 760 exhibitors, including 250 companies from at least 15 countries, including, Italy, Germany, Russia, Austria, Korea, China and Taiwan, are showing off their latest plastic-related products…
Lately, the equity market has been demonstrating volatility, pushing the market mostly into red, but the Tehran Stock Exchange main index (TEDPIX) has stood in green territory for eight…
The government has said due to the relative improvement in some economic indicators, its approach towards the next year’s budget is aimed at maintaining the status quo.
The administration’s…
Mojtaba Hashemi, deputy minister of telecommunications and information technology, has traveled to Azerbaijan in a bid to help boost IT collaboration between the two countries. Hashemi heads a…
There is no guarantee that if banks give up running firms the economy will thrive, former managing director of Tehran Stock Exchange told Eghtesad News on Wednesday.
Last month, the Central…
Iran absorbed $37.31 billion in foreign investment between 1992 and 2012, a level that put the country in the 56th place among 105 countries in terms of received foreign direct investment,…
Unilateral sanctions imposed on the Central Bank of Iran since January 2012 by the European Union have had a significant role in the relationship between Tehran and the 28-member block.…
Iran and Turkey are both willing to increase their trade exchanges to $30 billion by the end of the current Iranian year (March 20, 2015), President Hassan Rouhani said Tuesday in New York.
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Traders were offered as much as 160,000 tons of different commodities at the Iran Mercantile Exchange (IME) on Wednesday. At the hard commodities trading floor, Khuzestan Steel Company offered 40,…
During the first six months of the Iranian calendar year (March 21-September 22), the steel manufacturing sector was plagued by troubles such as increasing downturn in trading and an almost daily…
Governors of Sardasht in Iran’s West Azarbaijan Province and Qala Diza and Rania in Iraqi Kurdistan Region have discussed promotion of bilateral relations.
The three officials discussed the…
The uptrend in the Tehran Stock Exchange remained intact for a week, a crucial factor that will convince more individual investors to shore up their portfolios in the equity market and lift the…
German manufacturing expanded at the slowest pace in 15 months in September as new orders fell, signaling uneven momentum in Europe’s largest economy.
Dutch electronics giant Philips has said it is planning to split the company in two, separating its lighting business from its healthcare division.
Both companies will continue to be based…
The Central Bank of Iran has announced the rates for 39 foreign currencies against rial on Tuesday. According to the CBI report, 25 currencies were devalued against the rial, while nine others…
The 15th exhibition on telecommunications, information technology and networking is going to be held on 6-9 October at the Tehran Permanent International Fair Ground, FNA reported. The exhibition…
