Articles
Neutral, dated analysis and explainers across Iran’s markets.
Iran Market Pulse: Sunday Midday, August 9, 2026; TEDPIX Extends Its Rally Past 5.567 Million Points
By 11:00 a.m. Tehran time on Sunday, August 9, 2026 (18 Mordad 1405), Tehran's TEDPIX index rose 0.85% (47,068 points) to 5,567,409, building on yesterday's record close above 5.52 million; today's trading value already topped all of yesterday's full session. The free-market dollar, which had eased to 185,900 tomans Saturday evening, bounced back to 186,400 tomans this morning, 18-karat gold was little changed, and bitcoin hovered near $64,857.
Iran Market Pulse: Wednesday Midday, August 5, 2026; TEDPIX Up 2.44% and Past 5.4 Million Points
In its first session after the Arbaeen holiday, the Tehran Stock Exchange main index rose 128,784 points, or 2.44%, past the 5.4 million mark to 5,406,137 by 11:05 on Wednesday 14 Mordad 1405 (5 August 2026). Almost the entire gain was booked in the first five minutes of trading. The free-market dollar retreated from Monday's level, 18-karat gold gained 0.99%, and Brent, below $79 in the morning, was back at $80.20 by midday.
Iran Market Pulse: Wednesday Morning, August 5, 2026; Brent Slides to $78.70 in a Third Straight Losing Session
Brent crude stood at $78.70 a barrel at 08:05 Tehran time on Wednesday, 14 Mordad 1405 (5 August 2026), down 0.83 percent from the previous close in a third consecutive losing session, taking its weekly decline past 10 percent and holding the benchmark below $80 for the first time since 22 Tir (13 July 2026). The driver is a near interim deal to reopen the Strait of Hormuz. The Tehran bourse reopens today after the Arbaeen holiday, facing a board that last closed at very different oil prices.
The Hormuz Deal Is at the Door; the Market Paid 4.4 Percent Just for the News That Talks Had Started, and Signing Is a Far Bigger Event (Tuesday, 4 August 2026)
On 4 August 2026 Trump reposted an item saying the agreement is on the verge of being finalized, the US Treasury Secretary said a deal could come today or tomorrow, and Al-Hadath reported a joint Iran and Oman statement within hours. Tehran's bourse rose 4.4 percent in two sessions on news that talks had merely begun, and the Emami coin premium deflated 29 percent in a day. This report sets out the three channels through which a signed deal reaches equities, currency and gold.
Iran Market Pulse: Tuesday Morning, August 4, 2026; Markets Closed for Arbaeen as Brent Returns to the $84 Range
Today, Tuesday 13 Mordad 1405 (4 August 2026), Iran's markets are closed for Arbaeen, but global markets kept working: Brent stood at $84.82 at 8:07 a.m. Tehran time, 1.26 percent above Monday's close, clawing back about a fifth of Monday's slide of more than 5 percent, after Tehran denied direct talks with Washington and a cargo vessel was hit off Oman. The bourse went into the holiday green: 39 of 40 industry indices rose and 12 hit all-time highs.
Iran Market Pulse: Monday Midday, August 3, 2026; 96% of Today's TEDPIX Gain Was Booked Before 9:05 a.m.
As of 11:05 a.m. on Monday, 12 Mordad 1405 (3 August 2026), the Tehran Stock Exchange main index stood at 5,276,664 points, up 122,607 points or 2.38% on the previous close. But the tick-by-tick record shows 117,518 points of that gain, about 96% of it, was already booked at the 9:05 a.m. opening print, and the market added only 0.1% in the two hours that followed. At the same hour the free-market dollar was 191,050 tomans and a gram of 18-karat gold 18,329,560 tomans.
Iran Market Pulse: Monday Morning, 3 August 2026; Brent Slid Into the 83 Dollar Range Before Today's Talks Begin
At 07:38 on Monday 12 Mordad 1405 (3 August 2026), Brent crude traded at 83 dollars and 38 cents a barrel, about 5 percent below the previous close, after the US president said on the evening of Sunday 11 Mordad that nuclear talks with Iran would begin this afternoon. In the same minutes spot gold moved the other way, rising 0.56 percent to 4,067 dollars. In Tehran the free-market dollar is around 191,000 tomans this morning and a gram of 18 karat gold sits at 18,330,500 tomans.
Iran Market Pulse: Sunday Midday, August 2, 2026; TEDPIX Climbs 96,000 Points and Overtakes the Equal-Weight Index After Four Sessions
By 10:59 a.m. on Sunday, 11 Mordad 1405 (2 August 2026), the Tehran Stock Exchange headline index (TEDPIX) was up 96,411 points, or 1.91 percent, at 5,151,197, overtaking the equal-weight index (1.42 percent) after four straight sessions of lagging it. At the same time traded 18-karat gold fell 1.47 percent and gold funds slipped about half a percent, yet the free-market dollar set a fresh record at 194,100 tomans.
Iran Market Pulse: Sunday Morning, 11 Mordad 1405 / 2 August 2026; After the Strike Cancellation, Tether Fell 1.72 Percent
The free-market dollar closed Saturday 10 Mordad 1405 (1 August 2026) at 193,700 tomans, a fourth record in two weeks. On Saturday night Trump announced he had cancelled a planned strike and that a framework including the reopening of the Strait of Hormuz was agreed. Sunday's first prices opened lower: tether down 1.72 percent at 192,006 tomans and traded 18-karat gold down 1.58 percent at 18,475,100 tomans, while global gold had not fallen.
Iran Market Pulse: Friday Morning, 24 July 2026; Brent Crude Crashes Below $90 as the Hormuz Risk Premium Deflates
By dawn on Friday, 24 July 2026, Brent crude had fallen about $10 (nearly 11%) to around $88 a barrel; the risk premium that had pushed oil toward $98 last week deflated on the first signs of easing tension in the Strait of Hormuz. Spot gold also slipped from its record to about $4,028. Tehran's bourse and physical markets are on their weekend break, and the domestic parallel market is sitting on Thursday's closing figures.
Iran Market Pulse: Friday Morning, 17 July 2026; Global Gold Slips Below $4,000 as Markets Eye Saturday's Oman Talks
Market Pulse, Friday morning, 17 July 2026 (26 Tir 1405, bourse closed). The world priced de-escalation: spot gold below $4,000 (~$3,992), Brent off its one-month high (~$84.4), and a fresh round of Iran-US talks set for Saturday in Oman. Yet Iran's street is still at records: the free-market dollar ~188,600 tomans, Tether ~189,000, and the Emami coin premium ~7,194,000 tomans. The gap between global calm and domestic fear, and the test of the Oman table.
