As reported, over 6.966 billion securities worth 47.296 trillion rials (about $1.126 billion) were traded at the TSE on Tuesday.

The first market’s index gained 9,725 points, and the second market’s index rose 45,844 points.

TEDPIX had risen 5,000 points in the past Iranian calendar week.

During the past week, the indices of Civil Servants Pension Fund (CSPF), Social Security Investment Company, and Barekat Pharmaceutical Group were the most widely followed indices.

A capital market analyst says that TEDPIX is going to improve in the second half of the current Iranian calendar month (ends on August 22).

Mehdi Bayat-Manesh noted that considering the current trend of capital inflow into the market TEDPIX is expected to rise in the current month.

“It is expected that the upward trend of the market in the last one month, when the stock index rose from 1.4 million points to 1.8 million points, will continue, and it is also likely that according to the forecasts, the stock index will once again enter the 1.4 million-point channel by the end of the current month,” he said.

According to Bayat-Manesh, the government policies for supporting the upward trend of the market should continue in the coming months in order to ensure this upward trend.

“It is also better for the managers of Iran’s Securities and Exchange Organization (SEO) to also take the necessary measures for supporting the market so that the stock market index can once again reach more than two million points, which takes at least a few months to happen.”

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Over 7.187 billion securities worth 58.295 trillion rials (about $1.387 billion) were traded at the TSE on Wednesday.

The first market’s index rose 4,568 points, and the second market’s index increased 22,590 points.

Mohammad-Ali Dehqan Dehnavi, the head of Iran’s Securities and Exchange Organization (SEO), has announced that the organization’s advisory council has proposed two new programs for supporting the stock market in the current Iranian calendar year (started on March 21).

The details of the mentioned programs dubbed “capital market policy package to support production and eliminate obstacles” and “the plan to improve the position and performance of the capital market” were presented in a meeting between Dehqan Dehnavi and the members of the SEO Advisory Council.

“The capital market has witnessed great changes in the past two years and has grown significantly in terms of size, the volume of activity, and presence of people. These rapid developments have changed some of the equations [in the market],” Dehnavi said following the mentioned meeting.

He emphasized that the structure and facilities of the stock market should be reviewed and modified based on the size and volume of today’s market and the issues it faces.

“New capacities should be created not only in the structure of the stock exchange organization [SEO] but also in all sectors of the market in order to adequately respond to the existing needs,” the official said.

According to the official, the first of the above-mentioned programs, namely “capital market policy package to support production and eliminate obstacles” has been prepared by the SEO Research Center to tackle the issues that the stock market is facing in supporting domestic production.

“It provides solutions to more than 40 to 50 capital market challenges and issues in this regard,” he noted.

In the second program, the necessity and ways of improving the position and performance of the capital market are discussed and the raised issues and problems will be addressed through specialized working groups with the presence of experts, analysts, capital market activists and managers from different sectors.

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Over 10.375 billion securities worth 67.805 trillion rials (about $1.614 billion) were traded at the TSE on Wednesday.

The first market’s index rose 24,090 points, and the second market’s index rose 35,716 points.

Mohammad-Ali Dehqan Dehnavi, the head of Iran’s Securities and Exchange Organization (SEO), has announced that the organization’s advisory council has proposed two new programs for supporting the stock market in the current Iranian calendar year (started on March 21).

The details of the mentioned programs dubbed “capital market policy package to support production and eliminate obstacles” and “the plan to improve the position and performance of the capital market” were presented in a meeting between Dehqan Dehnavi and the members of the SEO Advisory Council.

“The capital market has witnessed great changes in the past two years and has grown significantly in terms of size, the volume of activity, and presence of people. These rapid developments have changed some of the equations [in the market],” Dehnavi said following the mentioned meeting.

He emphasized that the structure and facilities of the stock market should be reviewed and modified based on the size and volume of today’s market and the issues it faces.

“New capacities should be created not only in the structure of the stock exchange organization [SEO] but also in all sectors of the market in order to adequately respond to the existing needs,” the official said.

According to the official, the first of the above-mentioned programs, namely “capital market policy package to support production and eliminate obstacles” has been prepared by the SEO Research Center to tackle the issues that the stock market is facing in supporting domestic production.

“It provides solutions to more than 40 to 50 capital market challenges and issues in this regard,” he noted.

In the second program, the necessity and ways of improving the position and performance of the capital market are discussed and the raised issues and problems will be addressed through specialized working groups with the presence of experts, analysts, capital market activists and managers from different sectors.

The post TEDPIX climbs 26,000 points on Wednesday appeared first on Iran News Daily.

The index closed at 1.151 million points on Wednesday (the last working day of the week).

During the past week, the indices of Iran Khodro Company, Saipa Company, Isfahan Oil Refining Company, Barekat Pharmaceutical Group (BPG), and Zarmakarun Industrial Company were the most widely followed indices.

Iranian market analyst Hassan Balazadeh has proposed three solutions for improving the trend of the stock market and resolving some of the problems that the market is currently wrestling with.

Revising the regulations regarding the public float stock, determining ceiling and limitation for the Initial Public Offerings (IPOs), and finally establishing a support fund for certain stocks were the solutions that Balazadeh has proposed.

According to Balazadeh, one of the problems that can be quickly addressed in the current situation is the issue of float stock. Based on the capital market law, companies in this market must offer at least 10 percent of their shares to public investors. In recent years, the increase in companies’ capital from revaluation has made them bigger and following this growth most companies need more liquidity to back them up.

So, the regulations in this regard must change in a way to oblige such companies to offer more of their shares in the market.

Secondly, the analyst offered that for those companies who are going to offer their shares for the first time, a ceiling must be set for the price of the shares and if they exceed the set criteria and the stock falls in the future the owner company should be obliged to refund the shareholders paid money.

Regarding the support fund, Balazadeh said this fund can be set up with a part of the dividend of the companies in the general assembly and with the agreement of the shareholders. This way, shareholders can agree to allocate a portion of their dividend to the mentioned fund to support the stock when needed.

The post TSE’s main index gains 3,000 points in a week appeared first on Iran News Daily.

The index had risen eight percent in the last week of the past Iranian calendar year (ended on March 20).

It increased 101,000 points to 1.307 million in that week.

Market analysts and experts suggest investors to focus more on long-term investment in the Iranian stock market and to invest through intermediary tools like exchange-traded funds (ETFs) to prevent possible losses in the current Iranian calendar year (began on March 21).

They also advise shareholders to avoid impulsive decisions for quitting the market rattled by the surprising fluctuations in the stock market in the previous year.

In this regard, Vice Chairman of the Board of Directors at Tehran Stock Exchange Javad Eshqi-Nejad said the “exit strategy” is the worse course of action that a shareholder can take.

“For some hasty shareholders, exiting the market is their first choice after any fluctuation, while we have repeatedly stated that this is the worst type of strategy in this market,” Eshqi-Nejad told IRNA.

“Only those shareholders who invest in this market with a long-term vision should expect profit,” he stressed.

According to the official, people who are looking to invest in this market with small capitals and do not have much experience in this regard should invest through intermediary tools such as ETFs.

“Investing directly in the market is only for people who have enough experience in this market and are familiar with the risks,” he emphasized.

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Over 1.364 billion securities worth 18.069 trillion rials (about $430.2 million) were traded at the TSE on Sunday.
The first market’s index dropped 11,030 points, and the second market’s index fell 22,938 points.
TEDPIX had risen eight percent in the last week of the past Iranian calendar year (ended on March 20).
The index increased 101,000 points to 1.307 million in that week.
After several weeks of decline, growth finally returned to the TSE, Iran’s major stock exchange, as TEDPIX rose 2.4 percent during the last week of February.

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TEHRAN (Iran News) – The value and size of trade at the main Iranian stock market, TSE bourse, reached levels described by experts as truly unbelievable.

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