EghtesadOnline: Tehran’s share market saw a bruising sell-off on Sunday pulling down the main market indicators as political concerns weighed on investor sentiment.
EghtesadOnline: More than 206,000 credit cards were used in the fifth month of the Iranian fiscal year that started in March -- a growth of 8.3% compared with the month before.
EghtesadOnline: Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said.
EghtesadOnline: 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.
EghtesadOnline: 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.
EghtesadOnline: OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.
EghtesadOnline: The share market opened trading on Tuesday on a strong note in the first session only to lose ground later as sell-side pressure mounted for many large-cap shares in the second round.
EghtesadOnline: To help expand the value-added chain in the petrochemical industry, three projects that cost $1.6 billion will be inaugurated on Thursday, managing director of the state-run National Petrochemical Company said.
EghtesadOnline: After getting near the milestone 2 million points for almost two weeks, the benchmark of Tehran Stock Exchange, TEDPIX, moved past the psychological level on Sunday.
EghtesadOnline: To help boost renewables, close to 33 megawatts of electricity was added to green energy production, managing director of Renewable Energy and Energy Efficiency Organization (aka Satba) announced.