The Iranian capital market passed a better week compared to the last week, although it saw ups and downs. Tehran Stock Exchange lost another 140 thousand billion IRR (3.85 billion USD) of its market cap during the week to reach 105 billion USD. However, several analysts believe that since FOREX and Gold markets will see no considerable growth until the end of the Iranian fiscal year (i.e. 20 March 2018), therefore the stock market has enough potential to attract more capital. Large mining companies and the Fundamental Metals Group succeeded to pushed the trades up at the TSE this week. Hoping in return of good days to the housing market, the Housing Industrial Index of TSE grew about 5 percent over this week. In Iran Farabouse, an over the counter, Chemical Products (30%) and Fundamental Metals (18%) were the leaders in trade value.
Related Articles
TSE 27.05.2018
[table id=27052018 responsive=collapse /]
TSE 31.12.2017
[table id=31122017 responsive=collapse /]
New requirements on Fixed Income to increase liquidity
In order to increase liquidity in the stock market, fixed income mutual funds are required to invest at least 5% of their total capital in stocks. “Mutual funds are required to invest a minimum of […]