EghtesadOnline: An Iranian diplomat expressed optimism about the prospects of Tehran's relations with regional states, citing the recent display of willingness by Iranian and Saudi officials to resolve disputes through dialogue.
EghtesadOnline: The main gauge of Tehran Stock Exchange nudged 1.4% higher on Sunday amid investors’ optimism on the eve of half yearly reports of companies.
EghtesadOnline: Nervous investors on Sunday dumped bank stocks after their early optimism about the prospects of banks faded. Bank shares had become a new favorite of investors after the rial gains curbed the love for the shares of export companies.
EghtesadOnline: The latest Consensus Earnings Report shows the price to earnings (P/E) ratio of Iranian stocks has dropped to its lowest level in nine months, although growth in profitability has boosted optimism over future performance.