Business And Markets

Tehran Stock Exchange’s all-share index shed 82.60 points or 0.11% on Wednesday to close trade at 73,877.1.

The benchmark’s weak performance owed to significant losses incurred by steel and…

After a two-day bull market, Tehran stocks took a drubbing on Monday, shedding more than 6,000 points to close trading session 1.9% lower.  The market saw massive selloff and negative…

Economist Pouya Jabal Ameli believes that the real-estate market won’t stand upon a better footing in the coming years than it did over the past half-century.  The country’s real estate…

The benchmark of Tehran Stock Exchange took a giant leap during the first hours of trading session on Sunday, soaring more than 7,000 points, before retreating to 4,000 at the end of the…

The market for futures contract for pistachio was officially launched at the Iran Mercantile Exchange on Sunday. The initiative is said to be the first derivative market for trading pistachio…

Apparently influenced by bearish trends in the local currency market, gold prices too are of the descending order in Tehran at a time when the precious metal is shining in the global market.…

As per new rule passed by the High Council of Insurance, selling insurance policy online requires official permission from the Central Insurance company of Iran. 

Leaving behind a lethargic week, Tehran stocks opened trading session on a strong note Saturday as the market recovered a weeklong correction phase.  The main gauge of Tehran Stock…

In need of new sources of revenue to compensate for the budget deficit emanating from steep declines in oil exports and reduce the ballooning liquidity, the idea of taxing bank deposits has come…

Since the beginning of the current calendar year (March 20) close to 400,000 trading codes were issued for newcomers in the stock market, said the head of Tehran Stock Exchange.  Ali…

The process of merging five banks and credit institutions, affiliated to the armed forces, with the state-owned Bank Sepah, will be completed by the yearend Abdolnasser Hemmati, says the…

Tehran Stock Exchange slipped on Wednesday as the market continues in the correction mode following non-stop rallies in recent weeks. TSE extended the losing streak into the second day on…

Over the past decade, goods and services in Iran suffered at least two bouts of price shocks following unprecedented volatility in the currency market due to foreign economic sanctions.

In a recent meeting with lawmakers, chief executives of banks expressed their opposition towards implementation of banking sector reforms.

Tehran stocks fell amid relentless selloff in a wide range of equities on Tuesday, driving the benchmark to retreat further from recent record highs. The main gauge of Tehran Stock Exchange,…

The value of exchange-traded funds reached 170.31 trillion rials ($1.48 billion) by the end of the sixth calendar month to September 22, according to a monthly report by the Central Securities…

Eleven Iranian payment service provider companies are among the world’s top 150 acquirers, according to the latest report by Nilson Report Magazine, a journal specializing in payment industry…

Halk Bank of Turkey will continue to handle Iran’s commercial transactions despite the mounting US pressure, Turkish ambassador to Iran told the head of the Tehran Chamber of Commerce,…

Iran’s banking sector, for a variety of reasons, has failed to keep up with the rapid pace of technological advancement in most countries since early 2000. However, lenders have resorted to some…

Tehran stocks took a drubbing on Sunday as investors rushed to sell in order to save gains amid the prospect of a prolonged bear market.  The main gauge of Tehran Stock Exchange dropped…

With US sanctions on the oil industry taking a toll on the economy, including the national budget, the government has again pledged to reduce dependency on oil exports to zero and prepare…

The glut of shopping malls across some districts of the Iranian capital city over the past few years has practically ended in deadlock for retailers, such that even food courts and movie…

A report by the Central Insurance company of Iran (CII), rating domestic insurers based on their risk retention capacity, placed the state-owned Iran Insurance Company at the top of list.…

Transactions conducted through Iran’s payment settlement network, Shaparak, stood at 2.30 billion worth 2.505 trillion rials ($21.88 billion) during the sixth calendar month to September 22.…

Tehran stocks briefly touched the psychological level of 330,000 in early trading on Saturday, led by bank, pharmaceutical and auto shares, before reversing the course at the end of trading…