EghtesadOnline: About 300,000 shareholders of merged banks affiliated to the armed forces have sold their shares since the merger process started in April, says the chief of Securities and Exchange Organization.
EghtesadOnline: Tehran Stock Exchange's main gauge fell sharply on Monday as a selloff in auto and bank shares spread across the board. The decline caused a broad rout in refinery and petrochemical stocks.
EghtesadOnline: Refinery and chemical shares led a broad market rally Saturday, lifting TEDPIX and IFX to their second consecutive day of gains. Stocks began the day in positive territory and steadily climbed higher as investor sentiment was boosted after gains in global oil prices over the weekend.
EghtesadOnline: Tehran stocks retreated for the third consecutive day on Monday as base metal and steel shares came under further pressure and the rial strengthened.
EghtesadOnline: Bulls returned to Tehran Stock Exchange on Tuesday as the benchmark TEDPIX gauge closed up 5,662.12 points or 3.23% at 180,847.6 points. It marked the first gain for TEDPIX after five consecutive losses had left it 20,000 points away from its historic high of 195,104 points achieved on September 30.
EghtesadOnline: World shares climbed for a third day running on Tuesday, as China promised fiscal action to support the world’s second-largest economy and stellar results from internet giant Alphabet underpinned the tech stocks.