EghtesadOnline: It was a historic day for shares in Iran's equity market on Monday. The primary cause of the excitement is simple yet groundbreaking: The foreign currency exchange market is officially liberalized.
EghtesadOnline: Companies listed on Tehran's equity market had an average free float of slightly over 20% in the last fiscal year (March 2017-18), according to the latest market data released by Securities and Exchange Organization.
EghtesadOnline: Institutional investors had the largest share of trading in Tehran’s equity market in the first month of the current fiscal year (March 21-April 20), the latest data showed.
EghtesadOnline: Bears are dominating the equity market in the dying days of winter.
EghtesadOnline: When there’s not much to look forward to in the equity market, investors get spooked by the slightest hint of negative news and shuttle their money to other markets.
EghtesadOnline: Base metal stocks have been the Iranian equity market’s undeniable stars in the current fiscal year (started March 21, 2017), as a rally in global prices coupled with a weaker currency pushed them to new highs.
EghtesadOnline: As newcomers to the Iranian equity market, Internet service providers have garnered mounting enthusiasm among traders as one of the promising sectors of the economy.
EghtesadOnline: Rail wagon and locomotive producer Asia Seir Aras Company is set to have its initial public offering today to mark the current fiscal year’s (2017-18) eighth in the equity market.
EghtesadOnline: Iran & Shargh Leasing Company is expected to hold its initial public offering this week, which marks the seventh IPO of the current fiscal year (started March 21) on the equity market.
EghtesadOnline: The retail and sugar sectors were the top performers of the equity market in the first half of the current fiscal year (March 21-Sept. 22) with average returns of 73% and 67% in H1.