EghtesadOnline: The government sold 30.4 trillion rials ($132 million) in Islamic bonds in the interbank and stock market during the weekly auction on Tuesday. As per an earlier announcement, it was to offer Murabeha bonds worth 50 trillion rials ($217m).
EghtesadOnline: The government earned 160 trillion rials ($695 million) by selling its shares in state companies via the stock market -- a figure far beyond initial projection in the fiscal budget (March 2020-21).
EghtesadOnline: With stock market indicators heading upward at a regular pace and fresh money pouring in the bourse from an ever-increasing number of investors, the Majlis Research Center stressed the need to take appropriate measures to balance the market by boosting the supply side.
EghtesadOnline: Brokerage firms processed 7,024 trillion rials ($41 billion) in stock market deals in the first two months of the current fiscal year (March 20 to May 20), around 40% of which was handled by four main companies.
EghtesadOnline: The Ministry of Roads and Urban Development plans to tap the existing capacity of Iran Mercantile Exchange to fund projects in the transportation and housing sector, an official with the ministry said.
EghtesadOnline: Stock market indicators climbed sharply again on Sunday as fresh liquidity fuels the relentless rallies despite serious concerns the market could crash.
EghtesadOnline: The initiative to ease restrictions on trading the so-called Justice Shares will allow Justice Shares worth 3,000 trillion rails ($18.75 billion) to be offered Iran’s stock market, head of the Iranian Privatization Organization said.
EghtesadOnline: Iran’s stock market launched the short-selling of shares as a new a financial instrument on Sunday. The mechanism is touted to function as a tool for hedging market risks and helping investors gain when the market is down.
EghtesadOnline: Investors making the rounds in the Tehran stock market can run the risk of supply crunch in the absence of efforts to list more companies, head of Securities and Exchange Brokers Association said.
EghtesadOnline: Iran’s capital market is capable of financing half of the domestic oil projects, the CEO of Securities and Exchange Organizations said.