Market News – Fixed income funds are finally having a change of heart. According to new stats released by Donya-e-Eqtesad news agency, the composition of Iranian fixed income funds investment portfolio has gone through important and noticeable changes since Feb 2017 until Mar 2018. It is now a fact that the weight of bank deposits and cash portion […]

Market News – Today, four(4) new issues of Islamic T-Bills worth IRR 43,000 bn (USD 1.02 bn) got listed on Iran Fara Bourse ready for their initial public offering any time now. These new debt securities have maturities between 5 to 24 months and the below table demonstrate their issue details: Source: Agah Group – The central bank of Iran is […]

Market News – Aiming at expanding its Euro-based interactions, the head of the Securities and Exchange Organization of Iran announced the consideration of launching Euro dealt Kish International Iran Stock Exchange within the next 2 months in the exchange High Council; this market is to host foreign companies, mostly from countries with less cooperation with […]

Market News – Today 10% of Saman Kish E-payment co. shares went public on Tehran Stock Exchange through book building method. The price range was from IRR 6,200 to 6,500 per share and each trading code could only place an order for 5000 shares (ultimately each code received only 1,787 shares). Ultimately price at IRR 6,500, the company record a P/E […]

Market News – Iranian Islamic T-Bills have shown a strange behavior since our last update. After a solid ascending trend just a week ago, the curve for longer maturities is now on a descending path. The below image demonstrate the details of outstanding T-Bills issues on Iran debt market. – The Secretary of High Council of Free Economic Zone […]

Market News – Deputy chair of Iranian Supreme National Security Council announced the ratification of Combating the Financing of Terrorism act on the parliament (Iran joins CFT). However, in order for national interest to count in as well, senators added a few conditions to the bill. Most important of those is the fact that upon a conflict between the […]

Market News – Stats show that the yield curve’s first derivative has turned positive on longer maturities of Islamic Treasury Bills which only could be translated into higher expectations on the risk-free rate for following months. Although, unless the situation stabilized in this status for some more days, the data shall be considered as inconsistent, however, analysts believe that […]

The private Ayandeh Bank has continued its string of success and was recognized by Euromoney as Iran’s bank of the year in 2018. The lender received the award in a ceremony held earlier in May. In an announcement published on its website, the English-language monthly magazine Euromoney noted that Iranian bankers have not had the […]

Market News – Despite significant upgrades in international standards pertaining to banks’ capital adequacy, the Central Bank of Iran still follows Basel I standards, which obliges banks and credit institutes to maintain this rate at 8%; however, the low capital adequacy rate (5%) along with high level of claims due have caused a crisis for […]

Market News – After the US withdrawal from JCPoA, the major concern amid Tehran Stock Exchange practitioners was the path that individual’s money will choose further upon. Funds flying to parallel markets like gold, fx or even housing kept the capital market investors up for nights. The recent trends show that the individual investors’ sentiment is now in favour of equities again […]