EghtesadOnline: Iran equity markets witnessed a stellar rally on Sunday and extended their winning streak for the eighth consecutive session. The main gauge on Tehran Stock Exchange TEDPIX soared 1,397.79 points or 0.82% to close at 172,522.7.
EghtesadOnline: The benchmark TEDPIX average extended its winning streak to a second session on the Tehran Stock Exchange on Sunday, backed by renewed hopes about soon-to-be-released monthly earning results of companies.
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: Tehran Stock Exchange set a fresh record high on Monday as investors received more positive news on corporate earnings, especially export-oriented stocks that have benefited the most since the rial's decline intensified six months ago.
EghtesadOnline: Share trading on Wednesday started with a bang, as Tehran Stock Exchange’s main index made a 6,000-point jump in the first hour of the trading day alone, exceeding 155,000 points by the end of the day to register a historic high.
EghtesadOnline: As the intense rally persists in the foreign currency market, the Central Bank of Iran issued a statement on Tuesday to assure the public that the bank's main concern continues to be provision of essential goods for the people.
EghtesadOnline: Foreign exchange witnessed a fresh rally in the open market, which was accompanied by a surge in the price of gold coin.