Tehran Stock Exchange
| Tehran Stock Exchange | |
|---|---|
بورس اوراق بهادار تهران | |
| Type | Stock exchange |
| Location | [[Tehran]], Iran |
| Coordinates | 35°46′41″N 51°22′05″E / 35.778°N 51.368°E |
| Founded | February 4, 1967 |
| Owner | Public Joint Stock Company |
| Key people | Mahmoud Goudarzi (CEO) |
| Currency | Iranian rial |
| Commodities | Shares & rights, corporate participation certificates, futures |
| No. of listings | 663 companies (2024) |
| MarketCap | US$ 94 billion (2024_ exchange rate 1 US $ = 693000 IRR) |
| Volume | US$ 1310 million (2024_ exchange rate 1 US $ = 693000 IRR ) |
| Indexes | TEPIX and TEDPIX (main) |
| Website | tse.ir |
Tehran Stock Exchange (TSE) is Iran's largest stock market, located in Tehran.[1] It first opened in 1967. As of October 2024, six hundred and sixty-three companies were listed on the TSE, with a total market value of about $94 billion USD (1 US dollar equals 693,000 Iranian rials).[2]
The TSE is a founding member of the Federation of Euro-Asian Stock Exchanges and was one of the best-performing stock markets globally between 2002 and 2013. It is considered an "emerging" or "frontier" market.[3]
Iran’s stock market includes companies from many industries, such as car manufacturing, telecommunications, farming, petrochemicals, mining, steel, copper, banking, and insurance. Many of these companies were originally state-owned but have since been privatized.[4]
On Saturday, December 14, 2024, the main stock index went up by more than 16,000 points, breaking its all-time high and reaching 2,559,000 points.
History
[change | change source]The idea of a stock exchange in Iran began in 1936, but was delayed by World War II. It was finally implemented in 1967 with the Stock Exchange Act, starting as a small market for corporate and government bonds.
In the 1970s, Iran’s economic growth and public interest in investing led to increased activity. The government encouraged participation by giving shares to employees of large companies, boosting the Tehran Stock Exchange.[1]
References
[change | change source]- 1 2 "History". 2010-08-24. Archived from the original on 2008-12-26. Retrieved 2024-11-09.
{{cite web}}: CS1 maint: bot: original URL status unknown (link) - ↑ "Monthly Report". 2012-06-14. Archived from the original on 2012-06-14. Retrieved 2024-11-09.
- ↑ "Bloomberg Businessweek - Bloomberg". Bloomberg.com. Retrieved 2024-11-09.
- ↑ "Iran blocks share price gains". 2003-08-06. Retrieved 2024-11-09.
Other websites
[change | change source]
Media related to Tehran Stock Exchange at Wikimedia Commons
- Official website (in English)
- Official website (in Persian)
- TSE Indexes Archived 2012-04-14 at the Wayback Machine
- TSE Annual Report 2010[permanent dead link]
- Sukuk (Islamic Financial Instruments)
- Tehran Securities Exchange Technology Management Company (TSETMC) Archived 2008-11-13 at the Wayback Machine (in Persian)
- Securities and Exchange Brokers Association - Self-regulatory organization of TSE
- Financial Tribune[permanent dead link] - (Iranian English newspaper) Offers daily reports on the TSE
- Iran Securities and Exchange Organization (SEO) Archived 2022-08-16 at the Wayback Machine – Offers Quarterly Bulletin of Iran Islamic Capital Market
- Federation of Euro-Asian Stock Exchanges Archived 2013-12-14 at Archive.today – TSE statistics/regulations/operations/international comparisons/calendar and latest news
- Iran's Capital Markets – Comprehensive 2003-Study
- Turquoise Partners – Monthly report on the Tehran Stock Exchange and Iran's economy
- Iran CSD Company Archived 2019-12-16 at the Wayback Machine – Clearing and settlement of trading, central registry
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