EghtesadOnline: After ending the past week 3.5% lower, the Tehran Stock Exchange continued to reel under selling pressure on Saturday. Falling global stocks, US-China trade war, declining oil and commodity prices and the effects of US sanctions all weighed on sentiment.
EghtesadOnline: Tehran equity market nursed losses for the second straight day on Saturday as nervous investors took money off the table amid a rising rial and falling commodity prices.
EghtesadOnline: As if the bull run is not about to relent any time soon, Tehran stocks continued their rally on Saturday as a surge of liquidity gravitates toward the equity market. While the stock market growth has been lauded by analysts and officials in equal measure, a growing number of experts seem skeptical about the substance of the rally and fear that speculative bets are gradually supplanting earlier growth backed by fundamental factors.
EghtesadOnline: Iran stock market has had a stellar performance in the first half of the current financial year that began in March. The flow of liquidity from small investors struggling to persevere their assets in the face of a depreciating rial, has been the highlight of the equity market's success and the main driving force behinds its rally this time.
EghtesadOnline: Tehran stocks rose solidly on Sunday, recording another all time high for the equity market and topping off a series of back-to-back records that has kept the market heated since summer. The new rally is a sign that investors remain sanguine about market prospects and the larger economy at the outset of autumn.
EghtesadOnline: The Iranian equity market's meteoric rise last week enabled it to break records, yet it lost steam by the trading week's end on Wednesday and bled part of its gains.
EghtesadOnline: Benchmark U.S. stock index rallies, in anticipation of fiscal stimulus measures by the incoming administration of President-elect Donald Trump, could also be laying the seeds for equity market troubles from a stronger dollar and rising bond yields.