Articles
Neutral, dated analysis and explainers across Iran’s markets.
NewsWhich Model Offers the Biggest Gain in Iran Khodro's Latest Instant Sale? (Monday, July 20, 2026)
Iran Khodro has offered four models in its latest instant-sale round with 30-day delivery. A comparison of factory and market prices shows a buyer gain of 72 to 242 million tomans and a margin of roughly 4.5% to 12.8%; the manual Tara tops the table and the Soren Plus sits at the bottom.
NewsBank Novin Sets Dividend Payment Schedule: SEJAM Holders Paid From August 19, Last Group Waits Until October 21, 2026
Bank Eqtesad Novin (Tehran Stock Exchange ticker: Vanovin) has announced its dividend payment schedule for the fiscal year ended March 20, 2026. SEJAM-registered shareholders are paid from August 19, 2026; non-SEJAM individuals and funds from September 22; and other non-SEJAM legal shareholders from October 21.
NewsIran's Dollar Crosses 180,000 Tomans, Coin Premium Jumps 6.85%; Why Did Global Gold Fall at the Same Time? (Thursday, July 9, 2026)
Iran's free-market dollar crossed 180,000 tomans early Thursday, July 9, 2026 (18 Tir 1405), reaching 180,195 tomans. The same week, the Emami coin's premium jumped 6.85% to about 7,091,000 tomans, even as global gold fell for a second straight day. The widening gap is a live gauge of domestic fear.
NewsBank Mellat Announces Four-Stage Dividend Payment Schedule; SEJAM-Registered Shareholders Paid Last, From August 1 (Thursday, July 9, 2026)
Bank Mellat announced a four stage dividend payment schedule for the fiscal year ended March 20, 2026: non-SEJAM individual shareholders from June 5, investment portfolios from July 6, SEJAM-registered shareholders from August 1, and non-SEJAM corporate shareholders from August 21, 2026, an order that puts SEJAM shareholders, against expectation, last in line.
NewsCompetition Council Calls Iran's 15% Car Price Hike Insufficient; Tehran Bourse's Automaker Stocks Caught Between Codal Rally and War Selloff (Thursday, July 9, 2026)
Iran's Competition Council (session 758, July 8, 2026) again ruled the Industry Ministry's approved 15% car price hike falls short of the Protection Organization's justified 25%. The dispute lands on Tehran Bourse's automaker stocks, Khodro, Khasapa, Khegostar and Khbahman, a group that rode a Codal-driven rally in Khordad but now faces selling pressure from the collapsed Iran-US ceasefire.
NewsTrump Declares Iran Ceasefire "Over"; Rial Smashes Through 180,000 Toman, Tehran Stock Exchange Sheds 52,000 Points (Wednesday, July 8, 2026)
Donald Trump told the NATO summit in Ankara that the ceasefire with Iran is "over." Hours later, on Wednesday, July 8, 2026 (17 Tir 1405), Iran's free-market dollar broke through 180,000 toman and the Tehran Stock Exchange's main index fell 52,012 points (1.9%) to the 2.68 million range. Brent crude jumped about 7% globally.
NewsCompetition Council Deems Ministry's 15% Car Price Hike Insufficient; Refers Case to Oversight Bodies (Wednesday, July 8, 2026)
At its 758th session on July 8, 2026 (17 Tir 1405), Iran's Competition Council found a 15% domestic car price increase approved by the Industry Ministry fell short of the roughly 25% the Support Organization had calculated as justified, and referred the Ministry's deviation from Directive 543 to oversight bodies.
NewsShepna and Shabandar Rally as Brent Tops $76; How the $19 Summer Crack Spread Feeds Refiner Profits (Wednesday, July 8, 2026)
On the first Tehran Stock Exchange session after Brent crude jumped above $76.04 (Tuesday, July 7), refiners Shepna and Shabandar gained 2.87% and about 0.65%. With the feedstock formula set at 95% of the Brent, Dubai and Oman average and this summer's approved crack spread near $19 a barrel, this piece traces the mechanism linking global oil prices to listed refiners' profitability (Wednesday, July 8, 2026).
NewsUS Revokes Iran Oil Sales Waiver; Brent Crude Tops $76 After Attacks on Three Tankers in Hormuz (Wednesday, July 8, 2026)
The US Treasury revoked Iran's dollar oil sales waiver (General License X) on Tuesday, July 7, 2026, hours after an attack on three tankers in the Strait of Hormuz, replacing it with a narrower "General License X1." No new sales are authorized, and in-process transactions have until July 17 to settle. Brent crude jumped to $76.04 a barrel in after-hours trading in response.
NewsTehran Stock Exchange Reopens Tomorrow; Gold and Coin Hit Records During Closure, Dollar Holds Near 175,600 Tomans (Monday, July 6, 2026)
The Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange, closed since Wednesday, July 1 (10 Tir), reopen tomorrow, Tuesday, July 7 (16 Tir 1405). During the six-day closure, 18-karat gold and the Emami coin hit fresh records while the free-market dollar held near 175,600 tomans; meanwhile OPEC+ raised August output, US bitcoin ETFs returned to net inflows, and analysts flagged unresolved questions over options-contract maturities.
NewsTara Jumps 195 Million Toman in a Day as Iran's Free-Market Car Prices Surge Despite a Flat Dollar (Sunday, July 5, 2026)
On Sunday, July 5, 2026 (14 Tir 1405), the free-market price of the Tara Automatic V4 jumped 195 million toman (about 7.7%) in a single day to 2.72 billion toman; the Peugeot 207 Automatic Panorama rose 60 million toman to the same level, and the Dena Plus Automatic gained 35 million toman. The moves came on a day the free-market dollar barely moved, trading around 175,000 toman.