Market News – In a study carried out by Donya-e-Bourse which was participated by more than 30 analysts from credible financial institutions, the EPS of 57 listed tickers of Tehran Stock Exchange were analyzed. After the SEO directive to eliminate EPS projections on companies’ quarterly report, now the analysts themselves prepare such data in order for market participants to see realities […]

Market News – Tax organization of Iran ratified a bylaw lowering taxes for equity trades to only 0.1% on Iran Stock Market. Previously there was a0.5% tax imposed on trades upon the sale of securities, stocks and stock rights, which now has lowered to the minimum possible level in order to maximize the participation of involved parties. – Rumours […]

Market News – SEO‘s deputy supervisory department of financial institutions has announced that Iran first credit rating institute starts its operation after granting its license by the organization. Borhan Credit rating license issued on Aug 11, 2018, and inaugurates its activities aiming to reduce financing costs of Iranian entities by grading them on the basis of their default risk and financial well being. […]

Market News – Iran Social Security Organization is to issue new equity backed Ijarah Islamic Sukuk Securities on Iran Fara Bourse and the underwriting process begins Aug 14 (tomorrow) for a period of three business days. These new securities worth IRR 12,000 bn (USD 285 mn) have an annual coupon rate of 19%, a maturity of 36 months and semi-annual coupon payments. The […]

Market News – Continuing its upward trend, the yields on Iranian Islamic Treasuries reached +30% on average over the yesterdays’ session in Iran Debt Market. Despite the fact that bank deposits enjoy a risk-free interest rate of only 15%, the ITB securities yields have gone uphill mostly due to the better than expected profitability vision of Iran Capital Market and the need of big […]

Market News – International Monetary Fund has predicted in its latest reports that Iran Economy will rise three steps by 2021 and will be placed as the world’s 15th largest economies. According to released stats, the GDP of the nation (based on purchasing power index) stood at USD 1,664 bn for 2017 and the country placed 18th […]

Market News – The CEO’s advisor of Iran Privatization Organization announced that 630 state-owned businesses will be considered to the private sector until this current year-end (March 2018). The total amount of divested businesses by the organization in the first 5 months of 1397 reached IRR 25,000 bn (USD 566 mn) which topped the record of its past […]

Market News – After the announcement of a free market FX rate by both President Rouhani himself and the new chair of CBI, today the USD/IRR was priced around 80,000 level on Iran FX secondary market. Chemical producers like Jam petrochemical Co. was among the currency suppliers with a volume of 16.5 mn AED at AED/IRR 22,000. FX […]

Market News – The new chair of CBI revealed a super interesting FX plan for Iran Economy just the other night. Attempting to give the chaotic FX and gold markets a relief, it seems that this time the administration and other heads of powers are thinking clearly and the news package will work. Details of this new plan are: Only the […]

Market News – In wake of speculations on a different FX regime that suits the current situation of Iran economy (post-sanctions), Tehran Stock Exchange made history today and registered an all-time high. The trading value and volume reached record highs as the overall index stood at +128K level. According to the news, the chair of CBI, Naser […]