• 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.

Economy

Iran economynews, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.

  • The Central Insurance of Iran (Bimeh Markazi) is the industry’s main regulator. 
    06/19/2018
    In its latest report on Iran's insurance sector, Capital intelligence, the international ratings agency, said addressing the structural problems of Iran’s insurance market is vital for...
  • Over 2.55 billion shares worth $169.2 million were traded at TSE on June 18.
    06/19/2018
    Tehran stocks showed no signs of backing down on their rally, as they further extended their historic high on Monday. Tehran Stock Exchange's primary index, TEDPIX, was up another 2.03% or 2,081....
  • Foreign Mining Firms Prefer Low profile in Iran
    06/19/2018
    Foreign mining companies still present in Iran are trying to stay under the radar over the fear of falling foul of US sanctions against the Islamic Republic, a senior manager at Iran’s largest...
  • Gov’t Limits  Forex Supply  to Importers
    06/19/2018
    The government has curbed the allocation of foreign currency for the import of some commodities and appears set to launch a revised currency policy, Mehr News Agency cited an unnamed bank official...
  • Tehran to Host CERAFAIR in July
    06/19/2018
    The 25th International Tile, Ceramic and Sanitaryware Exhibition, also known as CERAFAIR, is scheduled to open at Tehran’s International Fairground on July 10. The exhibition is one of the major...
  • Jump in Green Beans Imports
    06/19/2018
    Close to 452,900 tons of green beans worth more than $247.86 million were imported into Iran during the first two months of the current Iranian year (March 21-May 21), registering a 72.4% and 69.5...
  • Iran to Increase Exports to US Despite Sanctions
    06/19/2018
    A senior Iranian trade official has announced that the country is trying to find ways to...  
  • Many have joined the campaign to not buy foreign exchange, gold coins, automobiles or any other commodities, the prices of which have gone up over the past few weeks.
    06/19/2018
    In an Instagram post on Sunday, Iranian footballing legend Ali Karimi urged people not to buy gold coins, automobiles or any other commodities, the prices of which have gone up over the past few...
  • Trends in Housing Sales, Rents
    06/19/2018
    The Statistical Center of Iran has presented crucial data pertaining to the housing sector in Tehran and across Iran over the past few years, which cover sale and rent price trends, empty homes and...
  • Tehran once again had a predominant share of 68.1% .
    06/19/2018
    More than 9.9 million checks worth about 794 trillion rials ($18.78 billion) were exchanged in Iran during the second month of the current fiscal year (ended May 21), which indicated a respective...
  • Auto Sector’s Facts and Figures
    06/19/2018
    During to the first two months of the current Iranian year ending on May 21, with 226,584 cars and duty vehicles rolling out of factories, the key automotive sector recorded a 31.1% year-on-year...
  • Audi CEO Arrested Over Diesel Scandal
    06/19/2018
    Audi CEO Rupert Stadler was arrested in Munich on Monday in connection with the diesel-cheating...  
  • Iran’s non-oil foreign trade in March 21-May 21 stood at $14.53 billion, indicating an 11% rise compared with last year’s corresponding period.
    06/19/2018
    During the first two months of the current Iranian year (March 21, 2018), Iran had the biggest non-oil trade surplus and deficit with Iraq ($1.15 billion) and Switzerland ($348 million)...
  • Stadler Rail’s business with Iran is worth billions of Swiss francs.
    06/19/2018
    In early March, the Swiss Embassy in Tehran gladly announced a deal worth billions for...
  • Grab Clinches Deal With HSBC
    06/19/2018
    Ride-hailing startup Grab has secured a $370 million five-year asset-backed syndicated facility from...
  • Iran Proposes to Set Up IMO Offices in West Asia
    06/19/2018
    The Ports and Maritime Organization of Iran has announced its readiness to open technical cooperation...
  • Gov’t Loans for Apparel Production in Rural Areas
    06/19/2018
    The government has begun the process of allocating loans to support the development of apparel production in rural areas, the head of Iran’s Small Industries and Industrial Parks Organization said...
  • Iran’s Share in Global Sheepskin Exports at 5%
    06/18/2018
    Iran has a share of 5% in global sheepskin exports and a 1% share in cowhide exports, the chairman of Iran Tanners Association said. Ali Hassanzadeh added that Iran has an output of 22 million...
  • Field corn purchase accounted for 25.1% and 4.4% of the volume and value of Iran’s total imports respectively.
    06/18/2018
    More than 1.32 million tons of field corn worth over $296 million were imported into Iran during the first two months of the current Iranian year (March 21-May 21) to register a 2.6% and 6.1%...
  • Tehran’s Global Cities Index Improves by 4 Notches
    06/18/2018
    Tehran ranked 94th in the Global Cities Index from among the list of 135 metropolitan cities under study in the A.T. Kearney 2018 Global Cities report, which shows an improvement of 4 notches...
  • Tech Titans Trying to Kill Calif. Privacy Initiative
    06/18/2018
    As data-sharing scandals continue to mount, a new proposal in California offers a potential...
  • Iran’s Secondary Capital Market on Maturation Path
    06/18/2018
    Since the 12th Iranian government took office in August 2017, issuing debt securities in unregulated markets has been banned and all debt securities must be issued within disciplined, regulated...
  • Standardization Key to Boosting Chicken Exports
    06/18/2018
    Deputy Agriculture Minister Morteza Rezaei said standardizing the age and weight of broiler chickens produced in Iranian poultry farms is inevitable and highly important to have a bigger share in...
  • Freak Plunge in Nintendo's Stock
    06/18/2018
    Nintendo has been red hot for the past few years, but investors have started to "Switch" away from...
  • Aside from European countries, 70-75% of other countries are using EASA standards and regulations.
    06/18/2018
    Plans are underway to update and implement new rules and regulations regarding different aspects of Iranian airports, based on the European Aviation Safety Agency's protocols. Speaking to...

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