Iran business and markets news

Iran business and markets news

  • TSE Ekes Out Small Gain

    TSE Ekes Out Small Gain


    November 23,2022


    TEDPIX, the main index of Tehran Stock Exchange, lost 943.76 points or 0.07{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on Tuesday to end at 1,407,654.14.The TSE equal-weighted index gained 0.25{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
    About 7.3 billion shares worth 36.95…

  • IME Says Trade Declined 3.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

    IME Says Trade Declined 3.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}


    November 23,2022


    An estimated 10.206 million tons of goods were traded in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to November 22.
    Compared to the month before, it was down 3.8…

  • High Council Refuses to Accept SEO Chief's Resignation

    High Council Refuses to Accept SEO Chief's Resignation


    November 21,2022


    The Capital Market High Council, the highest decision-making body, on Monday rejected the resignation of Majid Eshqi, head of the Security and Exchange Organization (SEO).
    In a statement published…

  • Upward Trend in Share Prices

    Upward Trend in Share Prices


    November 21,2022


    Tehran Stock Exchange’s main index, TEDPIX, gained 4,397.89 points or 0.31{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on Monday to end at 1,409,025.47. The TSE equal-weighted index added 0.42{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
    About 9.06 billion shares worth 42.4…

  • $17.2b in Trade With Persian Gulf States During 7 Months

    $17.2b in Trade With Persian Gulf States During 7 Months


    November 21,2022


    Iran traded 28.4 million tons of goods (excluding crude oil exports) worth $17.28 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia…

  • IME Expected to Restore Some Calm to Auto Market

    IME Expected to Restore Some Calm to Auto Market


    November 21,2022


    One thousand Peugeot 207s were sold at the Iran Mercantile Exchange on Monday within an hour after trade opened.
    The cars were offered at an average price of 3.43 billion rials ($9,616). Adding “…

  • E-Payment Growth Lingers 

    E-Payment Growth Lingers 


    November 21,2022


    A report by the domestic e-payment network, Shaparak, says major payment service providers showed little if any growth in their market share. 
    Saman Electronic Payment (SEP) accounted for the…

  • Banks Need to Strengthen, Streamline Capital, Rules 

    Banks Need to Strengthen, Streamline Capital, Rules 


    November 20,2022


    President Ebrahim Raisi has instructed the Central Bank of Iran and commercial lenders to concentrate on streamlining regulations, improve lending and financial discipline, facilitate interaction…

  • Rare Gain for TSE 

    Rare Gain for TSE 


    November 21,2022


    The main index of the Tehran Stock Exchange, TEDPIX, gained 11,541.71 points or 0.83{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on Sunday to end at 1,404,627.24. The TSE equal-weighted index gained 1.23{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
    About 10.58 billion shares worth…

  • Pakistan Traders Seek Formal Banking Channels With Iran

    Pakistan Traders Seek Formal Banking Channels With Iran


    November 20,2022


    The State Bank of Pakistan (SBP) has not opened any formal banking channels with Iranian and Russian markets due to which their potential cannot be tapped, says the Pakistan Business Forum (PBF)….

  • Latest Move to Make Share Market Attractive

    Latest Move to Make Share Market Attractive


    November 19,2022


    The heads of three branches of government (executive, judiciary and legislature) approved a proposal by the Security and Exchange Organization (SEO) to slash tax on share trade by 80{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
    The rare…

  • TEDPIX Ends Down

    TEDPIX Ends Down


    November 19,2022


    Tehran Stock Exchange’s main index, TEDPIX, lost 20,509.54 points or 1.45{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on Saturday to end at 1,393,064.17. The TSE equal-weighted index lost 0.87{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
    About 8.46 billion shares worth 54.24…

  • More Cars to Be Sold via the IME

    More Cars to Be Sold via the IME


    November 19,2022


    After offering Peugeot 207 at the Iran Mercantile Exchange (IME), the Securities and Exchange Organization (SEO) is set to offer other popular models in the stock market, a SEO official said.
    “The…

  • E-Payment Network Told to Let Go Contentious Symbol

    E-Payment Network Told to Let Go Contentious Symbol


    November 18,2022


    The government’s Digital Economy Management Commission ordered Shaparak Company, the main e-payment network, to suspend new rules obliging payment facilitator applications to display the online…

  • Put Options Welcome 

    Put Options Welcome 


    November 18,2022


    The Capital Market Development Fund (CMDF) says the capital market authority’s decision to issue put options is welcome by retail investors.
    “So far 220,000 shareholders have purchased the…

  • TEDPIX Records Weekly Decline

    TEDPIX Records Weekly Decline


    November 18,2022


    Tehran’s share market wrapped up the week on Wednesday apparently stuck in the downside after posting 10{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} surge the week before. 
    Tehran Stock Exchange main index, TEDPIX, lost nearly 783 points…

  • Gov't Debt to Private Banks Rises 9 Percent

    Gov't Debt to Private Banks Rises 9 Percent


    November 18,2022


    The government’s debt to four private banks jumped 9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the first half of the current fiscal year that started in late March.
    Electronic Banking journal reviewed the financial statements of the…

  • TSE Rises Slightly 

    TSE Rises Slightly 


    November 18,2022


    Tehran Stock Exchange’s main index, TEDPIX, gained 3,149.48 points or 0.22{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on Wednesday to end at 1,413,573.66. The TSE equal-weighted index gained 0.42{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
    About 6.53 billion shares worth 45.74…

  • IKCO to Sell Peugeot 207s via the Mercantile Exchange

    IKCO to Sell Peugeot 207s via the Mercantile Exchange


    November 18,2022


    Iran Khodro Company (IKCO), the largest domestic automaker wants of sell some of its popular models via the Iran Mercantile Exchange. 
    It will offer 1,000 Peugeot 207s on November 21. The base…

  • $3.3b Allocated for Pharma Import: CBI

    $3.3b Allocated for Pharma Import: CBI


    November 18,2022


    The Central Bank of Iran says since mid-April it has allocated $3.34 billion for importing medicine.
    According to a press statement seen on the bank’s website, the forex was paid as a part of an…

  • $43m Bonds Sold

    $43m Bonds Sold


    November 18,2022


    The government’s weekly bond sale was held on Tuesday as banks and credit institutions again stayed away.
    Debt worth 10.623 trillion rials ($29.1 million) was sold in the 26th auction held by the…

  • CBI Says to Start Dollar Bond Sale

    CBI Says to Start Dollar Bond Sale


    November 15,2022


    The Central Bank of Iran will issue foreign currency bonds starting Saturday as a part of its plan to stabilize the chaotic forex market. 
    Forex will be offered at the state-owned Bank Melli, the…

  • New Rules for Cryptomining   

    New Rules for Cryptomining   


    November 15,2022


    First Vice President Mohammad Mokhber on Sunday announced new rules for crypto assets, adding some detail to regulations approved in 2019.
    Henceforth cryptominers should get special permits from…

  • Stock Market Sluggish 

    Stock Market Sluggish 


    November 15,2022


    Tehran Stock Exchange’s main index, TEDPIX, gained 2,285.47 points or 0.16{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on Tuesday to end at 1,410,459.71 and the TSE equal-weighted index added 0.25{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
    About 5.62 billion shares worth 40.23…

  • IPI of Listed Companies Up 7.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in One Month

    IPI of Listed Companies Up 7.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in One Month


    November 15,2022


    The Monetary and Banking Research Institute (MBRI) says the output of listed manufacturing companies has increased. 
    In a recent report it reflected on the monthly performance of 280 companies in…