EghtesadOnline: Weekly trade on the commodity platform of Iran Energy Exchange surpassed five trillion rials ($34.36 million) during the week ending October 10 to register a new record, irenex.ir reported.
EghtesadOnline: Another jittery and volatile day for Tehran stocks turned into a frenzy of selling on Saturday as investor sentiment was battered by bearish commodity prices and heavy losses for global markets during the past week.
EghtesadOnline: Data released by the Central Bank of Iran Thursday show that the regulator increased its foreign assets by 28% during the fifth calendar month ending August 22.
EghtesadOnline: The total value of traded shares in Tehran Stock Exchange amounted to 339.26 trillion rials ($2.3 billion) during the first five months of the current Iranian year (March 21-Aug. 22) to register 61.7% growth compared with last year’s corresponding period, according to the Central Bank of Iran.
EghtesadOnline: Bulls returned to Tehran Stock Exchange on Tuesday as the benchmark TEDPIX gauge closed up 5,662.12 points or 3.23% at 180,847.6 points. It marked the first gain for TEDPIX after five consecutive losses had left it 20,000 points away from its historic high of 195,104 points achieved on September 30.
EghtesadOnline: Figures from the Central Bank of Iran show that foreign currency revenues from non-oil exports from August 7 to October 3 through Nima–the Integrated Forex Deals System launched by the government after it unified the USD forex rate – reached €2.84 billion.
EghtesadOnline: The rout in Tehran stock markets continued on Monday as risk-averse investors reacted to rumors surrounding Iran's accession to the UN Terrorism Financing Convention in early trade with the safe-haven dollar’s decline hurting sentiment and dragging down the broader market.
EghtesadOnline: The Iranian rial continued its rally on Tuesday after weeks of depreciation had sent it to a series of record low. New gains for the national currency came unexpectedly as people rushed to exchange shops to convert their greenbacks into the local currency.
EghtesadOnline: A range of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions pile pressure on the economy.
EghtesadOnline: Stocks lost ground on the Tehran Stock Exchange in a correction phase to cool down recent market overheating, with the benchmark TEDPIX falling for after nine straight positive sessions.