The benchmark of Tehran Stock Exchange, TEDPIX, closed  Tuesday in positive territory gaining 5,330 points or 0.35% to end trade at 1,542,711. Small caps outperformed pushing up the TSE’s equal-weighted index by more than 0.7%. Retail trade declined further on Tuesday to reach 43.49 trillion rials ($144 million), down 11% on the session before. About […]

Iranian mills produced a total of 2.8 million tons of crude steel in January 2022, registering a 20.3% growth compared with the corresponding period of last year, according to latest data released by the World Steel Association. As a result, Iran maintained its global standing as the world’s 10th biggest crude steelmaker. China was the […]

Iran traded 50.04 million tons of goods worth $25.32 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the current fiscal year’s first 10 months (March 21-Jan. 20), according to the latest data released by the Islamic Republic of Iran Customs Administration. The UAE was Iran’s top […]

Tehran stocks opened trading week on Saturday in positive territory only to retreat later as most shares pared early gains. The benchmark of Tehran Stock Exchange, TEDPIX, shed 52.65 points and closed flat at 0.00% to stand at 1,284,107. Most indicators were flat reflecting a lukewarm market.  The TSE’s equal-weighted index settled 0.01% higher and […]

The supply of foreign currency for import needs improved substantially in the past five months, head of the Central Bank of Iran public relations office said. In a note on his social media account on Thursday, Mostafa Qamari-Vafa said currency made available by the CBI was in the region of $49 billion in the past […]

Tehran stocks closed Wednesday relatively lukewarm with major market indicators slightly above the flatline. The benchmark of Tehran Stock Exchange, TEDPIX, gained 3,045.12 points or 0.24% to end trading at 1,284,120. TSE’s equal weighted index was up 0.19% and the TSE-30 Index gained 0.24% indicating that both large and small caps had a similar performance. […]

Iran exported €736.14 million worth of commodities to the EU from January to October 2021, indicating a 21.63% growth, while imports grew by 2% to €3.09 billion Iran and the 27 member states of the European Union traded €3.38 billion worth of goods from the beginning of 2021 till October end, registering a 5.27% growth […]

Iran and 27 members of the European Union traded €1.06 billion worth of goods during the third quarter of 2020, to post a 21% decline compared with the previous year’s corresponding period. Figures extracted from Eurostat’s database show Iran exported €206.4 million worth of goods to the union’s member states, recording a 51.2% increase compared […]

After a short-lived downturn a day earlier, major currencies climbed again on Monday with the dollar drawing closer to 220,000 rials at the end of trading session.  After losing close to 9% and dropping to 215,000 rials on Sunday, the greenback fell further at the beginning of Monday’s session and sold for 210,000 rials. The […]

Renewed investor interest in large-cap stocks pushed the benchmark of Tehran Stock Exchange, TEDPIX, higher on Sunday while many smaller shares closed under sell-off.  The TSE’s main gauge gained 44,318 points to climb 2.18% and closed trading session at 2,078,511 points, further strengthening above the critical 2 million points.   TSE’s equal-weighted index gained less […]