EghtesadOnline: Tehran’s stock market went through two different trading versions on Sunday, with the benchmark of Tehran Stock Exchange rising nearly 14,000 points in early hours of trading before sliding into negative territory as the session drew to a close.
EghtesadOnline: Atotal of 11,569 homes were sold in Tehran from April 20 to May 20, the second month of the current Iranian year, to register a whopping upsurge of 790% compared with the preceding month, the Planning and Housing Economy Office of the Ministry of Roads and Urban Development reported.
EghtesadOnline: Tehran Stocks opened in negative territory after a two-day Eid holiday, marking the end of the holy month of Ramadan, amid growing concern among investors that the bear market is here to stay.
EghtesadOnline: Amemorandum of understanding was signed between the Securities and Exchange Organization and the judiciary’s Social And Crime Prevention Department to minimize abuse and misdemeanors in Iran’s rapidly growing capital market.
EghtesadOnline: Geological studies show water shortages in Iran will get worse due to waste and rising consumption.
EghtesadOnline: Following a sharp rally a day earlier, Tehran stocks lost momentum again on Tuesday as investors turned their focus away from large-caps to smaller listed companies.
EghtesadOnline: The University of Sussex Business School released an analysis stating that widespread market turmoil caused by the covid-19 pandemic means regulators have so much on their plates right now that large-scale manipulation of the markets remains below their radar.
EghtesadOnline: The US dollar surged above the critical 170,000-rial level on Sunday at the moneychangers affiliated with the Central Bank of Iran.
EghtesadOnline: Iran’s stock exchange regulator is easing conditions for issuing trading codes for new investors, cut red tape, encourage more people to the bourse and put the market on a stronger footing.
EghtesadOnline: Iran’s gold market will reopen on Monday following a month-long hiatus due to restrictions ordered by the government on almost all businesses to impede spread of the coronavirus.