Bloomberg | Golnar Motevalli: Stocks in Iran have rallied to record highs after the government announced plans to sell about $2 billion worth of state assets to raise money for the fight against the coronavirus epidemic. The Tehran Stock Exchanges main index of shares rose 2.5% to 623,276 points, driven mostly by industrial shares such as petrochemical ...

Financial Tribune - Currency rates rose in Irans market on Wednesday, extending concerns about fluctuations that began in early November. The US dollar fetched 127,000 rials, gaining more than 2,000 rials, or 2%, against the rial. This is the highest rate for the greenback since July 10, according to the Tehran Gold and Jewelry Union website. The ...

Financial Tribune - Iranian stocks rallied as global markets reopened on Monday, prompting the benchmark index on Tehran Stock Exchange to top 167,000 for the first time since the outset of winter. TEDPIX soared 2,900.92 points or 1.76% and finished off at 167,371.3. Monday's growth also marked the biggest single-session surge for the main index ...

Financial Tribune - Foreign exchange rates and gold began the week in a bullish mood as the two surged on Saturday in Tehran market. The US dollar broke the psychological level of 120,000 rials and was traded for 121,000 rials in the afternoon. Bahar gold coin also gained over 1.5% and changed hands for 43 million rials ($360). The stock market,...

Financial Tribune - A rally in Iranian stocks picked up pace on Tuesday, following the lead of commodity shares as nine-monthly reports of refinery, petrochemical and metals companies was interpreted by investors as a sign of bolstering corporate activity. Another factor boosting investor sentiment was the stability in world stocks after they were ...