Iran Economy

  • Stocks Ride High in H1
    Stock yields were higher than other markets in the first half of the Iranian fiscal year (March-Sep. 2020). TEDPIX, Tehran Stock Exchange's main index shot up 211% during the period. Half Bahar...
  • TEDPIX Gives Up 0.8%
    Tehran Stock Exchange’s primary index, TEDPIX, slipped 13,954.47 points, or 0.87%, to close Tuesday trade at 1,581,206.28. Losses sustained by auto companies, refineries and energy firms were the...
  • Seafood Exports Top $530m p.a.
    A total of 146,000 tons of seafood worth $539 million were exported from Iran in the last fiscal year (March 2019-20), according to the head of Iran Fisheries Organization. “The figures show a...
  • Tehran Shares Stuck in Negative Territory
    The main index of Tehran Stock Exchange, TEDPIX, fell below the supportive level of 1.6 million points losing more than 57,000 points on Monday, extending a losing streak into the third day.  ...
  • Tehran Province Accounts for Over One-Fifth of Iran’s GDP
    Tehran Province accounted for 22.1% or more than one-fifth of Iran’s gross domestic product in the fiscal 2019-20.  The value of Tehran’s output stood at 7,400 trillion rials ($27.1 billion) in...
  • Refineries Pull Down Bourse
    Tehran stock market closed the first weekly session on Saturday slightly lower amid a sell-off of major refinery shares. The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,602 points to drop...
  • Exports to Arab, Mideast Countries Hit $2.5 Billion
    A total of $2.5 billion worth of non-oil commodities were exported from Iran to the littoral states of Persian Gulf and Middle Eastern countries during the first five months of the current Iranian...
  • IME Deals Earn $960m in 1 Month
    Goods worth 243.4 trillion rials ($960 million) were traded at Iran Mercantile Exchange during the month to Sept 13. Companies traded 2.41 million tons of goods during the month to register growth...
  • BSI Investment Arm to Go Public
    Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran, plans to offer on Sunday 20% of its shares in Iran Fara Bourse, the junior equity market.  The offer includes 6...
  • Bond Auctions Continue
    The government sold 30.8 trillion rials ($120 million) in Islamic bonds via the interbank and stock market during the weekly auction on Tuesday.   According to the central bank’s public relations...
  • Subscription for Refinery ETF Extended Again
    The Iranian Privatization Organization extended the subscription timeline for units of an exchange-traded fund that holds government shares in four refineries.  In a press release published on its...
  • Shares Pare Earlier Losses
    Tehran’s share market pared earlier losses at the close of trading week on Wednesday as investors, buoyed by supportive measures, repositioned to the buy side.  The main index of Tehran Stock...
  • CBI: Q1 GDP Shrank by 2.8%
    Iran's gross domestic product contracted by 2.8% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, Governor of the Central...
  • TEDPIX Closes 3.5% Higher
    Tehran stocks gained some more lost ground as angst-ridden investors started leaving the sell side, and finding share prices attractive, rushed to buy.  The benchmark of Tehran Stock Exchange,...
  • Stocks Claw Back Some Lost Ground
    Tehran’s stock market gained some composure on Monday as sell-side pressure on a number of shares eased and sentiments were boosted by supportive measures.  The main index of Tehran Stock Exchange...
  • Tehran Shares Lose 0.35%
    After gains a session earlier, Tehran stocks dropped on Sunday after efforts to prop up the fragile recovery were fell short of boosting the sagging sentiment of disillusioned investors.     The...
  • Iran Agrifood Exports Rise to 3m Tons Worth $2.1 Billion in 5 Months
    Iran exported 3.06 million tons of agricultural and food products worth $2.13 billion during the first five months of the current fiscal year (March 20-Aug. 21). The figures indicate a 22.94% and...
  • Stocks Open Week on High Note
    Tehran stocks opened trading week Saturday on a strong note as sell-side pressure eased and sentiments buoyed  by new supportive measures announced by the regulator. The benchmark of Tehran Stock...
  • Lenders Can Invest in the Stock Market
    As the stock market continues to plunge, the High Council of Securities and Exchange said banks too can invest in the bourse. This is in line with a variety of measures by the government to revive...
  • Kish Int’l Bourse Launch Slated for Late October
    A plan to launch an international stock exchange is getting the finishing touches and is scheduled to be launched by late October, the economic deputy to the secretary of Iran's High Council of...
  • Little Hope for Bourse
    Tehran Stocks offered a sliver of hope at the close of trading week Wednesday as sell-off pressure eased in the final hours of trading session.  The main index of Tehran Stock Exchange, TEDPIX,...
  • Share Market Down Overall
    Tehran stocks piled up more losses on Tuesday as the sell-off of majority of shares continued unabated but the overall volume of share sales kept diving.  The main index of Tehran Stock Exchange,...
  • SEO Seeking NDFI Relief
    The Securities and Exchange Organization wants to tap into the National Development Fund of Iran, the country’s sovereign wealth fund, to prop up the struggling stock market, the SEO chief said. ...
  • Tehran Share Market Distress Intensifies
    After fragile gains in the past two session, Tehran stocks plunged further on Monday as investors rush to sell with simply no empathy from buyers.  The main index of Tehran Stock Exchange, TEDPIX...
  • Sell-Off Pressure Rattles Bourse
    Relentless sell-off pressure hit the Tehran stock market on Sunday as retail investors struggled to get their money back while institutional buyers continued to boost demand.  Despite the negative...

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