{"id":6308,"date":"2019-01-07T05:39:57","date_gmt":"2019-01-07T05:39:57","guid":{"rendered":"http:\/\/en.azpar.com\/?p=6308"},"modified":"2019-01-09T05:55:32","modified_gmt":"2019-01-09T05:55:32","slug":"daily-fluctuation-limits-to-be-dynamic-on-the-tehran-stock-exchange","status":"publish","type":"post","link":"https:\/\/en.azpar.com\/?p=6308","title":{"rendered":"Daily fluctuation limits to be dynamic on the Tehran Stock Exchange!"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market News<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u2013 After massive controversies about the limitations that equities\u2019 daily fluctuation range (\u00b15% for TSE, IFB and&nbsp;\u00b110% for the base market) imposed on market liquidity and dynamism, now the new head&nbsp;Tehran Stock Exchange&nbsp;announced that a dynamic fluctuations limit is on this body\u2019s agenda, however, the current&nbsp;IT infrastructures does not meet the need and it shall be upgraded with regards to international standards.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2013 In a report carried out by \u201cKEYOU analytics\u201d&nbsp;on global customs&nbsp;departments, Iran placed the first amid all other nations in terms of highest import&nbsp;tariffs. As of 2016 Iran import tariffs&nbsp;reached 29.50% which is far from the normal averages following by Butan (22.40%) and Pakistan (17.20%). The lowest tariffs are for Hongkong and Singapore (below picture has the details):<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2019\/01\/photo_2019-01-07_13-35-53.jpg\" alt=\"\" class=\"wp-image-16273\"\/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u2013 A new piece of&nbsp;Islamic Treasury Bills&nbsp;is to be offered on&nbsp;Iran Fara Bourse&nbsp;on January 09, 2019 after a short pause ion the listing process of ITBs due to the expiration of some issues. This issue has a value of IRR 6,030 bn (USD 57.43 mn \u2013 USD\/IRR 105,000) and will be matured no sooner than October 19, 2019 (1-year maturity). As always the ministry of economy and financial affairs would act as the guarantor and CSDI is to do the transactions.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">In the Market<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Stocks performed notably higher today as investors chose to&nbsp;put their&nbsp;faith again on the capital market after a series of better than expected news came on both politics and economics fronts.&nbsp;<strong>TEDPIX (+0.65%)<\/strong>&nbsp;jumped for almost 1,050 points to close above&nbsp;<strong>162K<\/strong>&nbsp;level once again while&nbsp;<strong>IFEX (1.39%)<\/strong>recoup a very good chunk of its previous disappointing losses and settled&nbsp;above&nbsp;<strong>1,900<\/strong>&nbsp;level.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As t was expected, the fresh cash injections by the retail side investors into the market has finally had its effects and a bunch of small to mid-cap sectors started a rally&nbsp;after all. Being on the front, the&nbsp;<strong>Oil Products (+4.03%)<\/strong>&nbsp;sector was widely demanded by investors as some promising analyses on the future of global crude prices in 2019 made the participant more sure about the year-long trend of its components. Literally, all of the listed tickers ended the day with good demand in better green.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Auto (+1.11%)<\/strong>&nbsp;and&nbsp;<strong>Banking (-0.49%)<\/strong>&nbsp;continued their whipsaw trend today as well. Being the sectors who attracted&nbsp;most of the fresh injected money by small investors, the first still has the price hikes to manoeuvre on while the second is more solid in fundamentals.<strong>&nbsp;Mellat Bank (BMLT, +1.81%)<\/strong>&nbsp;was amid the few ones could save its upbeat trend today and changed hands for almost&nbsp;<strong>144 mn<\/strong>&nbsp;shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Agah analysis shows that the trend of cash injections from the retail side is still strong which if continues it could make the market to perform better took back its place 5-months ago.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2019\/01\/2019-01-07_144031.jpg\" alt=\"\" class=\"wp-image-16279\"\/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2019\/01\/2019-01-07_134856.jpg\" alt=\"\" class=\"wp-image-16274\"\/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2019\/01\/2019-01-07_134913.jpg\" alt=\"\" class=\"wp-image-16275\"\/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2019\/01\/2019-01-07_134918.jpg\" alt=\"\" class=\"wp-image-16276\"\/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2019\/01\/2019-01-07_134925.jpg\" alt=\"\" class=\"wp-image-16277\"\/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source:<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>2019,\u00a0<\/em>Daily fluctuation limits to be dynamic on the\u00a0Tehran Stock Exchange!<em>, Monday, Jan 07 p.1,<a href=\"http:\/\/agahgroup.com\/fluctuation-tehran-stock-exchange\/\">&lt;https:\/\/agahgroup.com><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market News \u2013 After massive controversies about the limitations that equities\u2019 daily fluctuation range (\u00b15% for TSE, IFB and&nbsp;\u00b110% for the base market) imposed on market liquidity and dynamism, now the new head&nbsp;Tehran Stock Exchange&nbsp;announced that a dynamic fluctuations limit is on this body\u2019s agenda, however, the current&nbsp;IT infrastructures does not meet the need and [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6310,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,28,1],"tags":[],"class_list":["post-6308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/6308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6308"}],"version-history":[{"count":3,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/6308\/revisions"}],"predecessor-version":[{"id":6314,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/6308\/revisions\/6314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/media\/6310"}],"wp:attachment":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}