Iran Economy
October 12, 2019 19:25
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December 14,2019After a one-day hiatus, the stock market in Tehran resumed its record-setting rally climbing more than 1% on Saturday. The main gauge of Tehran Stocks Exchange TEDPIX added 3,904.98 points to... -
December 13,2019One of the main objectives of the government in the next Iranian year (starting March 20, 2020) is to boost domestic production and employment. As one of the appendixes to the newly unveiled... -
December 11,2019Tehran Stock Exchange ended trading Wednesday on a flatline following a drubbing in the foreign exchange market. The steep decline in currency prices bucked a bullish trend that dominated the... -
December 10,2019Benchmark of Tehran Stock Exchange gained more than 1% on Tuesday, extending its winning streak into 17th day. TSE's main index TEDPIX added 3,642.41 points for the day to 339,434.4 as market was... -
December 09,2019Iran's non-oil foreign trade (excluding crude oil, mazut, kerosene and exports via suitcase trade) during the first eight months of the current Iranian year (March 21-Nov. 21) stood at $55.42... -
December 09,2019Tehran Stock Exchange marked its sixteenth rally in a row Monday after its benchmark climbed 1% as investors keep both eyes on positive signals from currency market. TSE’s main index TEDPIX... -
December 08,2019President Hassan Rouhani submitted the budget bill for the upcoming Iranian year (March 2020-21) to the parliament on Sunday which, he said, is indicative of the country’s tenacity and resistance... -
December 08,2019Tehran stocks were again of the ascending order on Sunday as the Tehran Stock Exchange benchmark peaked at 332,567.2, posting 4,942.43 points growth, or 1.51%. A new wave of fluctuations in the... -
December 07,2019Keeping pace with trends in the domestic currency market, Tehran stocks rallied Saturday to new peaks. The main gauge of Tehran Stock Exchange gained 5,000 points, sending TEDPIX 1.6% higher to... -
December 04,2019The government is struggling to balance its widening budget deficit. Ali Sarzaeem, an economic expert in an interview with Persian-language weekly Seda, has expounded on different means the... -
December 03,2019The benchmark of Tehran Stock Exchange TEDPIX gained 619.57 points, or 0.19%, on Tuesday to end trading at 320,814.4. -
December 03,2019The government is piling pressure on banks to put an end to their non-bank businesses by getting rid of surplus assets. The push appears to gain momentum in recent weeks as the Ministry of Economy... -
December 03,2019With the due date for the government's submission of next fiscal year’s (March 2020-21) budget bill to parliament just around the corner—the Plan and Budget Organization of Iran is scheduled to... -
December 03,2019The Ministry of Industries, Mining and Trade estimates that 6.9 billion cigarettes were smuggled into Iran during the first half of the current Iranian year (March 21-Sept. 22), indicating a 53.2%... -
December 02,2019The main gauge of Tehran Stock Exchange climbed 0.48% on Monday to extend a winning streak into the eleventh day. TEDPIX gained 1,524.32 points for day to finish trading session at 320,194.8.... -
December 01,2019The main gauge of Tehran Stock Exchange gained more than 4,000 points on Sunday to claw back to the seven-week high of 318,000 points for the day, marking the biggest rally since the beginning of... -
November 30,2019The main gauge of Tehran Stock Exchange climbed more than 1% on Saturday to register its biggest rally in a month (since Oct. 30). TEDPIX gained 3,357 points to close trading at 314,587.8. ... -
November 29,2019The newly appointed head of Iranian Privatization Organization- the state-run body overseeing the sale of state-owned companies, has pledged to use the stock market’s capacity in divesting the... -
November 29,2019Iran’s trade with Turkey totaled $5.01 billion during the first 10 months of 2019 to register a decrease of 39.24% compared with the corresponding period of 2018, data released by Turkish... -
November 27,2019During the month to November 22, more than 2.453 million tons of goods worth 108 trillion rials ($915.2 million) changed hands at the Iran Mercantile Exchange. -
November 27,2019The main index at the Tehran Stock Exchange crossed the psychological level of 310,000 points on Wednesday after six weeks. TEDPIX gained 1,586.70 points, or 0.51%, for the day to end trading... -
November 26,2019Benchmark of the Tehran Stock Exchange gained 1,166.43 points to 309,643.6 on Tuesday to send TEDPIX 0.38% higher for the day. Almost 3.42 billion shares worth 16.85 trillion rials ($140.4 million... -
November 25,2019Tehran Stock Exchange continues creeping upward to extend growth for the sixth straight day on Monday. TSE's main index TEDPIX gained 2,703.15 points, or 0.88%, for to end trading at 308,477.2.... -
November 24,2019Tehran stocks hovered around the flatline for most of Sunday’s session amid visible cautionary behavior of investors. The main gauge of Tehran Stock Exchange TEDPIX gained 151.87 points, or 0.05... -
November 23,2019The main index of Tehran Stock Exchange TEDPIX gained 625.55 points, or 0.21%, on Saturday to end trading at 305,622.48. Investors traded an estimated 2.6 billion shares valued at 12.55 trillion...
