Vatanka Reports
News and Analysis on the Greater Middle East
The Iranian government's risky stock market bet
September 14, 2020
<p class="font_8">Following the outbreak of the COVID-19 pandemic, the Tehran Stock Exchange (TSE) took a different path than the rest of the financial world. As markets around the globe plunged, the TSE soared to new heights. In the first four months of the Iranian fiscal year (March 20-July 21), the value of trades increased by 625 percent as compared with the corresponding period a year earlier, and the market hit a record high in early August. In this bull market, even loss-making companies among the roughly 1,000 firms registered on the exchange saw their share prices rise. The TSE lists 500,000 active traders and a total of 12 million registered to buy and sell stocks — equal to around one-seventh of Iran’s 82 million people.</p>
The Iranian government's risky stock market bet
September 14, 2020
<p class="font_8">Following the outbreak of the COVID-19 pandemic, the Tehran Stock Exchange (TSE) took a different path than the rest of the financial world. As markets around the globe plunged, the TSE soared to new heights. In the first four months of the Iranian fiscal year (March 20-July 21), the value of trades increased by 625 percent as compared with the corresponding period a year earlier, and the market hit a record high in early August. In this bull market, even loss-making companies among the roughly 1,000 firms registered on the exchange saw their share prices rise. The TSE lists 500,000 active traders and a total of 12 million registered to buy and sell stocks — equal to around one-seventh of Iran’s 82 million people.</p>
The Iranian government's risky stock market bet
September 14, 2020
<p class="font_8">Following the outbreak of the COVID-19 pandemic, the Tehran Stock Exchange (TSE) took a different path than the rest of the financial world. As markets around the globe plunged, the TSE soared to new heights. In the first four months of the Iranian fiscal year (March 20-July 21), the value of trades increased by 625 percent as compared with the corresponding period a year earlier, and the market hit a record high in early August. In this bull market, even loss-making companies among the roughly 1,000 firms registered on the exchange saw their share prices rise. The TSE lists 500,000 active traders and a total of 12 million registered to buy and sell stocks — equal to around one-seventh of Iran’s 82 million people.</p>
The Iranian government's risky stock market bet
September 14, 2020
<p class="font_8">Following the outbreak of the COVID-19 pandemic, the Tehran Stock Exchange (TSE) took a different path than the rest of the financial world. As markets around the globe plunged, the TSE soared to new heights. In the first four months of the Iranian fiscal year (March 20-July 21), the value of trades increased by 625 percent as compared with the corresponding period a year earlier, and the market hit a record high in early August. In this bull market, even loss-making companies among the roughly 1,000 firms registered on the exchange saw their share prices rise. The TSE lists 500,000 active traders and a total of 12 million registered to buy and sell stocks — equal to around one-seventh of Iran’s 82 million people.</p>