Wednesday 7 August 2013

Tehran Stock Exchange Drives Iran's Stock Market


The greatest stock exchange of Iran is Tehran Stock Exchange, which is also called TSE. It started its operation in 1967. It has been estimated this year that about 339 companies are registered in TSE using the stock investment of about US$104.21 billion. Tehran Stock Exchange has been regarded as one of the better stock markets in the world from the year 2002 to 2011. It really is something very amazing about TSE that 37 industries are directly related to it for this reason it has advantage over many regional markets. The accredited investment companies with TSE include steel iron, banking, agriculture, automotive, telecommunication, financial meditation, insurance and copper, etc. Because of other trade shares, TSE has proved as a very special market in Middle East.





TSE is an extremely advantageous بورس (exchange) market because privatization is taking place at massive level and state owned companies and firms are being privatized abruptly. This privatization is wholly legal according to the Constitution of Iran under the article 44. Once these firms are privatized, people can certainly buy shares of these privatized companies.




SEC, which is called Security and Exchange Council of Tehran, may be the uppermost authority is liable for all supervision, activities, strategies and policies with the market regarding stock investment. The minister of Economics of Iran is the chairman of this stock exchange. TSE works under the principles of order driven market principles that is why all transactions are done on this basis. Because of its modernized transparent program, this market has become an attraction for many local and foreign investors.

Stock market of Tehran remains open for five days a week from Saturday to Wednesday. This market remains close on every one of the public holidays. Tehran Stock Exchange is definitely keen to supply training courses to Iranian citizens to know the basic of stock and securities exchange.

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