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TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 16,761 points (0.77 percent) to 2,197,295 on Sunday, which is the second day of the Iranian calendar week.
TSE is one of the four Iranian stock exchanges, and the most important one. The other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB).
Head of Iran’s Securitas and Exchange Organization (SEO) Majid Eshqi has said that using the capacities of the country’s private sector in the stock market has been one of the main strategies of the organization over the past year.
“One of the main approaches of the Securitas and Exchange Organization during the past year has been to use the power of the private sector, because government entities and the public sector do not have the necessary characteristics for economic prosperity, so we must increase the share of the private sector in the capital market,” Eshqi said in a conference in Khorasan Razavi Province.
Large industries have their own problems and fluctuations, but small and medium-sized enterprises (SMEs) can compensate for these fluctuations, the official said, adding that the main part of the world economy is moving towards small and medium-sized companies because value, employment, and innovation lie in such companies. The SEO head further noted that the stock market should mainly focus on investment and financing, saying: “We need to direct the liquidity flow towards production.”
این مطلب بدون برچسب می باشد.
Iran’s Minister of Transport and Urban Development has announced that the government plans to connect the Chabahar port in southeastern Iran to the country’s railway network through the city of Zahedan by the end of the current Iranian year ( late March 2025).
The secretary of Iran’s Supreme Council of Free Industrial-Trade and Special Economic Zones said sea passenger lines are planned to be launched from Qeshm and Kish islands to the Sultanate of Oman and Dubai in the United Arab Emirates (UAE).
The Bank for International Settlements (BIS) put Iran’s total deposits with foreign banks and financial institutions at more than $13 billion.
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