Market News – After a temporary halt on their imports, 8 exempted countries are to continue buying Iranian Oil with South Korea being the first one. According to officials, South Korea placed a 2 mn barrels order for Iran gas condensate for delivery in late January. The first shipment is for 960 barrels to be shipped this week […]

Market News – After series of unconfirmed news around the third batch of oil offering on Iran Energy Exchange, now the deputy international affairs of NIOC announced that Iran will sell 1 mn barrels of its crude on January 21, 2019, at a price of 52.42 US dollars. The smallest lot shall be no less than 35K […]

Market News – The head of Iran Action Group announced that the US will not extend exemptions of Iranian oil buyers that were granted previously. Brian Hook told the press that these exemptions aimed to stop the global oil price hikes and it is not likely that the United States extend the 6 month period. Last year 8 countries, […]

Market News – After the successful issuance of corporate Sukuk Ijarah for Tose-e Etemad Mobin Co., now Iran Fara Bourse offered a new round of equity-backed (2,224,199,289 shares of Iran Telecommunication Co. @ IRR 2,248 per share) securities on the exchange today. This round consists of 3 tranches with the following details and all the issued volume […]

Market News – After massive controversies about the limitations that equities’ daily fluctuation range (±5% for TSE, IFB and ±10% for the base market) imposed on market liquidity and dynamism, now the new head Tehran Stock Exchange announced that a dynamic fluctuations limit is on this body’s agenda, however, the current IT infrastructures does not meet the need and […]

Market News – The statistics centre of Iran chamber of commerce published, for the first time, Iran PMI report (Purchasing Managers’ Index). Being known as one of the most accurate economic indicators, this index has been calculated for the third quarter of 1397 (2018/19) fiscal year. Below table has the details: Data shows that despite […]

Market News – In a meeting between the head of CBI and India ambassador in Tehran, the two nations (Iran-India) have decided to make their financial transactions, in domestic currencies, operational after a series of top-level negotiations. In this line, the Indian ministry of oil announced that refineries, whom purchase Iranian oil in Rupee currency, would be […]

Market News – The latest stats from the Customs Department show that Iran export surplus has hit a new record high. During the past 9 months, Iran has exported more than 86 million metric tonnes of non-oil products valued at USD 33.358 bn that show 5.40% growth contrary to the same period last year. Moreover, the […]

Market News – In a bold move that actually will impact saving accounts in favour of the capital market, the central bank of Iran obliged Iranian Banks to no longer pay daily interest on short-term deposits. This directive will be into effect soon and the interest payment base would change from daily to monthly. Moreover, Iranian Banks can […]