EghtesadOnline: Oil prices rose more than 1% on Tuesday after the main US energy forecasting agency predicted shale output in the world’s biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.
EghtesadOnline: Tehran stocks were making dramatic gains Tuesday despite risks related to the outbreak of the coronovirous in Iran and the rising number of deaths from the illness.
EghtesadOnline: The insurance industry's profit amounted to 45 trillion rials ($346 million) in the current fiscal year (started March 2019), president of the Central Insurance company of Iran said, adding that agents and brokers had a big share of the gains.
EghtesadOnline: The main gauge of Tehran Stock Exchange gained more than 4,000 points on Sunday to claw back to the seven-week high of 318,000 points for the day, marking the biggest rally since the beginning of last calendar month (Oct. 23).
EghtesadOnline: Price of the US dollar rose 2.45%, or 2,950 rials, on Tuesday to reach 123,480 rials in the Tehran market.
EghtesadOnline: The need for protecting retail shareholders in the stock market has resurfaced following successive drops in the market in recent days.
EghtesadOnline: Tehran’s stock market was sluggish on Tuesday after making a historic advance a day earlier as investors moved to sell shares to save past gains.
EghtesadOnline: Tehran stocks made a solid 3.1% gain on Monday cheered by the dramatic rise in demand for refinery, petrochemical and metal stocks.
EghtesadOnline: Currency rates in Tehran briefly hit six-month lows since January 9 as the US dollar was traded for 111,000 rials during the mid-day trade in the open forex market on Wednesday.
EghtesadOnline: After consecutive rallies last week, TSE continued to soar Saturday and added another 4,480 points to its benchmark to wrap up trading at 224,589 points.