Market News – In an attempt to support the pouring money sources into Iran Stock Market, the economy coordinating high council has decided to lower taxes on equity sales by 80%. Traders were obliged to pay 0.5% tax upon the sale of their equities before and now the figure reduced to only 0.1%. This could have a massive effect […]

Market News – With the issuance of new Islamic T-bills series’ last piece tomorrow on Iran Debt Market, the composition of Iranian government debt securities gets more diverse and considering the yields, the market is now more attractive than ever. “TB301” is worth IRR 15,246.43 bn (USD 355.415 mn) and will be matured on 18 August 2020. […]

Market News – Holding IRR 1,300 bn in capital, today, 10% of Qadir Petrochemical (PGHZ1), as a subsidiary to Tamin Petroleum and Petrochemical Investment Company (PTAP1), equal to 130,000,000 shares went public on the Chemicals space in Iran Fara Bourse through the book building method; each share price could range between IRR 1,650-IRR 1,700 and each trading code, both individual […]

Market News – Tehran Stock Exchange performance analysis for spring 1397 (2018/19) shows that the exchange recorded a 13% gain for this quarter while gift its investors a 38% annual (P to P) return. The top gainer sectors of Q1 were: Wood products: 78% Iron Ores: 45% Metals: 33% Amid 39 industries, data shows that […]

Market News – In an attempt to minimize the effect of US sanctions on Iran oil sales, the vice president announced they are taking proper measures to make the bed for offering crude oil on Iran Capital Market. In this scheme, private firms are the buyer of crude on Iran Capital Market which will later export the […]

Market News – Iranian food industry is to utilize the capacity of Iran Capital Market covering its financing needs by issuing Islamic Corporate Sukuks. Tomorrow, Kourosh food industry co. (a private joint stock firm) will publish IRR 500 bn (USD 11.8 mn) worth of Murabaha Sukuks on Iran Fara Bourse. The securities are going to be mature in 2 years and have an […]

Market News – Keeping Iran off its blacklist, the FATF extended the suspension of its countermeasures against the country for another 4 months. Referring to the remaining tasks, this body expects Iran to accelerate its reforms and complete the ratification process of the required rules and laws.  – According to the deputy head of the Plan […]

Market News – The Central Bank put Iran inflation rate at the end of Khordad month (22 May – 21 June 2018) at 9.4% in comparison with the similar period last year. The inflation rate for the previous months stood at 9.1%. The monthly inflation for Khordad stood at 4.6% which made the annual P to P […]

Market News – The ministry of economy and financial affairs has announced that from next week on, the export FX revenues are to be offered in Tehran Stock Exchange for the importers to buy their currency needs at an agreed price after submitting their import orders. Exporters will be rewarded with the difference between the market price […]

Market News – In a meeting held the other night, the administration finally changed the recent unified FX policy approved for exchange houses to get involved in export FX trades at an agreed price. This way, exporters who are not obliged to sell their FX on NIMA platform (non-oil and petrochemical, aka group 3) can use exchange houses services […]