• Fresh Money Supply Breathes New Life Into Tehran Stocks

    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 3,147 points or 3.3% during the week that ended on June 13 compared to the week before to close at 99,146.3. This brings the benchmark’s return since the beginning of the year (March 21) to 3%.
    Iran Fara Bourse’s benchmark index, IFX, added 42.1 points or 3.8% to stand at 1,153.7 during the same week. The uptick has been quite higher for IFX, as its annual return up to the week’s close reached 5.2%.
    Trading at Iran’s stock markets starts on Saturday and ends on Wednesday.

Business And Markets

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.

  • Checkbook Restrictions Eased
    The Central Bank of Iran’s Money and Credit Council approved amendments to regulations that will allow individuals and entities, which are not qualified to receive a checkbook, to open current...
  • Machine-Made Carpet Exports Exceed $280m
    About $287 million worth of machine-made carpets were exported from Iran in the last fiscal year (March 2017-18). The main export destinations for these products were the neighboring countries of...
  • Leather Industry Generates 115K production, Sales Jobs
    The domestic leather industry has created close to 100,000 jobs in sales outlets and about 15,000 in production units. According to Sadeq Najafi, the head of Iran’s Small Industries and Industrial...
  • Insurance Concepts to Be Taught in Schools
    An educational content on insurance will soon be devised for all school levels in Iran with the aim of fostering a healthy and informed culture that will boost the prospects of the ailing industry...
  • The real investment growth rate in Iran has been negative in the past three years.
    The inward flow of foreign direct investment into Iran registered an increase of almost 50% in 2017 compared to the year before and exceeded $5 billion, according to the United Nations Conference...
  • 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.
    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...
  • Banking Sector Bloated 42%  in 15 Years
    The number of bank branches per capita increased by 42% over the 15-year period in the Iranian year ending March 20, 2017, according to the latest figures published by the Statistical Center of...
  • A total of 3.32 million tons of slab, bloom, billet and ingot were produced during the two months, up 20% YOY.
    A total of 7.7 million tons of iron ore concentrate were produced in Iran during the first two months of the current fiscal year (March 21-May 21), to register a 27% growth compared with last year’...
  • About 1.1 billion shares valued at $58.74 million changed hands at TSE on June 12.
    Tehran Stock Exchange’s main index gained 254.47 points or 0.27% on Tuesday to end trading at 96,101.9. About 1.1 billion shares valued at $58.74 million changed hands at TSE for the day. Trading...
  • SCI: Per Capita Insurance Premiums Rise
    The Statistical Center of Iran has released data on the volume of per capita insurance premiums and claims paid and received by Iranians during the fiscal 2016-17 as part of its latest annual...
  • New Gold Coin Bull Run Begins
    A new bull run has started in Iran's gold coin market, on the back of the rally that intensified in the current week.  The benchmark Bahar Azadi coin crossed another psychological threshold in a...
  • Many of the companies on the privatization list are either underperforming or posting losses, making it even harder to find buyers.
    Iranian Privatization Organization is set to sell stakes in 631 state-owned firms to the private sector later in the current fiscal year (March 2018-19), which is 87% more compared to the number of...
  • Import of Consumer Goods Down  2.7 Percent
    Iran imported $1.03 billion worth of consumer goods during the two-month period since the beginning of the current fiscal year (started March 21), registering a 2.7% decrease compared with the same...
  • SEO Signs Coop. Agreement in China
    During President Hassan Rouhani’s recent visit to China, Iran’s Securities and Exchange Organization signed a memorandum of understanding with China Securities Regulatory Commission on June 11,...
  • Bank Maskan and MIB are subsidiaries of Bank Maskan Financial Group.
    Maskan Investment Bank, a subsidiary of Bank Maskan—the agent bank of the housing sector, has issued the first-ever corporate bonds. According to a report by HIBNA, the official news portal of...
  • About 1.06 billion shares valued at $53.59 million changed hands at TSE on June 11.
    Tehran Stock Exchange’s main index lost 68.38 points or 0.07% on Monday to end trading at 95,847.5. About 1.06 billion shares valued at $53.59 million changed hands at TSE for the day. Trading at...
  • Uptrend in Gold Coin, Forex Rates
    The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry Union’s website. 
  • Change of Leadership at ESCO
    Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO. Yazdizadeh...
  • One out of three Iranian young people (ages 15-24) did not participate in the labor market at all in the fiscal 2016-17.
    The share of Iranian young people (ages 15-24) who were not in employment, education or training (NEETs, for short) fell from 38.3% in the fiscal 2011-12 to 36.2% in 2016-17, according to a report...
  • The European Commission has adopted an update of the European Investment Bank’s External Lending Mandate, which would make Iran eligible for the bank’s investment activities.
    The European Union is taking steps to protect EU companies investing in Iran from...  
  • Banks Reclaiming TM Arrears
    Chief executives of some of Iran's biggest banks have met with the newly-elected mayor of Tehran, Mohammad Ali Afshani, to reach agreement on reclaiming billions of dollars in liabilities owed by...
  • Top-level Iranian and Chinese officials confer as part of meetings that led to the signing of four major MoUs in Qingdao.
    During President Hassan Rouhani's visit to China, the two countries signed several agreements to boost trade and financial ties, including an agreement to use their respective currencies. ...
  • Gov’t to Receive 4m Tons of Free Bitumen
    The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a...
  • How Public Investment Could Help Strengthen Iran’s Growth Potential
    Since the early 2000s, growth in Iran has been insufficient to improve real GDP per capita incomes.  
  • A petition signed by 50 MPs against the CFT bill was rolled out in the parliament’s open session on June 10.
    Members of Iran's Parliament during Sunday's open session voted to postpone for two months the review process of the government-proposed bill aimed at joining the United Nation's International...