Business And Markets

Tehran stocks started Saturday amid selloff pressure in most ticker symbols before partially recovering as demand for giants in the market picked up pace.  The main gauge of Tehran Stock…

Petrochemical companies contributed 40% of the currency available at the secondary foreign exchange market, known locally as Nima, secretary general of Iran's Association of Petrochemical…

Deposits with banks and credit institutions reached 27,766 trillion rials ($126.2 billion as per Saturday’s forex rates) up until the end of the calendar month to April 19. 

Six industrial and mining projects with an outlay of 58.8 trillion rials ($262 million) have come on stream in three provinces.

A new exchange-traded fund joins Iran Fara Bourse, the junior equity market, on Saturday with 10% of its units for subscription.  The ETF is worth 1 trillion rials ($4.6 million) and…

The government has approved a proposal to repay its debt worth 320 trillion rials ($1.48 billion) to the Social Security Organization by transferring shares to the organization, the minister of…

The Central Bank of Iran on Thursday said lenders can raise the ceiling when issuing certificate of deposit up to a level that doesn’t cross 20% of total long-term deposits at the end of last…

Main benchmark of Tehran stocks came out of the gate in green at the close of trading week on Wednesday but lost the upbeat mood later in the session under sell side pressure. 

President Hassan Rouhani on Wednesday reiterated the need to continue supporting the share market by boosting the supply side and listing more companies.  Speaking at a weekly Cabinet…

After a brief hiatus major currencies resumed rallies going back to their bad old ways in Tehran on Wednesday as CBI’s selected moneychangers demanded higher rates. 

Unsold government assets in three banks and two insurance companies will be on offer again next week, the deputy economy minister for banking, insurance and state companies' affairs said.…

The government raised 49.9 trillion rials ($232 million) by selling Islamic bonds in the debt market on Tuesday.  Out of this figure, 19.9 trillion rials ($92 million) was sold to lenders…

Adding another 1.68%, the benchmark of Tehran Stock Exchange, TEDPIX, moved 28,786 points higher to close at 1,747,136. 

The government will offer incentives to whistleblowers who name unauthorized cryptocurrency miners to the relevant authorities, managing director of Power Generation, Distribution and…

Iran Chamber of Commerce, Industries, Mines and Agriculture plans to set up a special committee to monitor procedures involved in repatriation of export earnings to the country that has become a…

The Purchasing Managers' Index of the hosing sector for the third month of the current fiscal year (May 21-June 20) settled at 64.36 from 60.55 in the preceding month (April 20-May 20), showing…

More than 2.73 billion transactions worth 3,886.38 trillion rials ($18.5 billion) were processed by the national retail payment network ‘Shaparak’ during the calendar month to June 20. Shaparak…

After a concerning pattern of hikes in the price of gold and foreign currency in Tehran, both assets registered decline in Monday trade. The US dollar was close to 214,300 rials in the open…

Steep rise in the price of shares of Social Security Investment Company, known locally as Shasta, pushed up the benchmark of Tehran Stock Exchange, TEDPIX, to new levels, threatening a temporary…

Tehran stocks opened Sunday in negative territory with the benchmark of Tehran Stock Exchange losing about 2,000 points only to rebound later as a fresh rally in the currency market boosted…

Iranian insurance companies generated 270 billion rials ($1.35 million) selling marine insurance policies in the first two months of current fiscal year (started March 2020) to register 65%…

Tehran’s stock market trading platform has been overwhelmed by the systemic increase in the number of investors and the ensuing irresistible volume of deals conducted by the seemingly…

Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of Iran again the increased the dollar rate by 3.65% on Sunday after the 10%…

After climbing 13% last week, the Tehran Stock Exchange lost some momentum at the opening of trading week on Saturday as sell-off visited majority of shares. TSE opened more than 35,000 points…

Stock market authorities are planning to launch a real estate exchange market to help address mounting challenges of the housing sector, a member of the High Council of Securities and Exchange…