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Neutral, dated analysis and explainers across Iran’s markets.

Stocks · Analysis

AFRZ Down 36 Percent From Its Peak; Sahmino's Desk Holds a Buy Call at 10,318 Rials (Tuesday, October 6, 2026)

AFRZ's spring-quarter net profit grew 329 percent year on year, yet the stock sits about 36 percent below its August 19 peak and closed Monday, October 5 at its lowest since May 25. Sahmino's desk has held a buy call since that session, targeting 10,318 rials with an 8,405-rial stop; the same signal type has hit its target in 71.4 percent of 305 co...

5 min read · 6 October

Stocks · Analysis

Fakour Sanat Prices Itself at Near 3.8 Times Forecast 2026/27 Profit Ahead of Its Farabourse IPO (Monday, October 5, 2026)

Ahead of its IPO on Iran Fara Bourse's second market, Tehran Fakour Sanat Engineering briefed investors on its valuation report: equity value estimated at 24.8 trillion tomans, per-share value at 3,544 rials, implying a price-to-forecast-profit ratio near 3.8 against its estimated 6.5 trillion-toman net profit for fiscal 1405 (2026/27), a reading t...

5 min read · 5 October

Coin · Analysis

Emami Coin's Premium Hits 14.1 Million Tomans, Nearly Four Times Melted Gold's; Melted Gold Stays the Cheapest Way Into Gold (Monday, October 5, 2026)

The Emami coin's premium hit 14,125,800 tomans on Sunday evening, about 5.2 percent of its price, while cash melted gold's premium was only 1.3 percent. This morning Alanchand.com put the coin's premium at 2.89 percent and melted gold's at negative 1.9 percent. For gold exposure alone, melted gold is still cheaper, though the minted coin carries be...

7 min read · 5 October

Stocks · Analysis

Kimia Polyester's Trailing Profit Rose 2,856%; Its P/E Still Sits 26.5% Below the Chemicals Sector (Sunday, October 4, 2026)

Kimia Polyester Qom (TSE: Shekimia) grew revenue 99.5% and net profit 2,856% over the twelve months to June 21, 2026. The stock, which began active trading on September 30 after a major shareholder's 9% block sale, closed today, Sunday October 4, with a 570-million-share buy queue and zero sellers. Its P/E of 6.57 sits about 26.5% below the chemica...

7 min read · 4 October

Stocks · Analysis

Simorgh Raised Bulk Egg Prices 12.5% and Tripled Six-Month Profit; Rasad Holds a Buy Call With a 5,699-Rial Target (Sunday, October 4, 2026)

Simorgh's audited six-month statement through June 21, 2026 put net profit at 9,127 billion rials, roughly triple the year-earlier period, as its bulk egg price (85% of last year's sales) rose 12.5% from September 7. Yet the stock's P/E of 10.08 on its October 3 close of 5,110 rials is about 1.5 times the agriculture sector's 6.92 average. Rasad's...

6 min read · 4 October

Stocks · Analysis

South Housing Investment's Nine-Month Profit Rose 743 Percent, but Its P/E Stayed at an Eighth of the Sector's (Sunday, October 4, 2026)

In its nine month interim filing for the period ending June 21, 2026, South Housing Investment (MSJZ) grew net profit 743 percent and operating revenue 718 percent year on year, yet Sahmino's October 4, 2026 board reading puts its P/E at just 3, an eighth of the 24.1 sector average. A September monthly filing shows the growth came from real unit an...

7 min read · 4 October

Currency · Analysis

Iran's Official Exchange-Centre Dollar Stayed About 93,000 Tomans Cheaper Than the Free Market Today; the Services-FX Quota Turns That Gap Into an Opportunity (Saturday, October 3, 2026)

Tehran's free market dollar hit 268,500 tomans on Saturday, October 3, 2026, while the official Exchange Centre rate held near 175,228 tomans, a gap of about 93,272 tomans. The Central Bank has just raised the personal services-FX quota from 1,000 to 10,000 dollars for eligible students, patients and travelers; this report explains how to use it an...

7 min read · 3 October

Stocks · Analysis

Eftekhar Sahm Investment Still Cheap at a P/E of 3.9: Spring Profit Up 93%, Shares Hit a 52-Week High (Saturday, October 3, 2026)

Eftekhar Sahm Investment Co. (EFSP) grew net profit 93% and operating revenue 77% year on year in its spring 1405 quarter. On Saturday, October 3, the stock trades at a P/E of roughly 3.9, ranking among the 15 cheapest of 65 investment-company tickers in a Sahmino screen, after hitting a 52-week high of 2,106 rials on September 30.

6 min read · 3 October

Stocks · Analysis

Vakharazm Grew Annual Profit 75 Percent and Portfolio Dividend Income 71 Percent; Shares Hit a 9,200-Rial One-Year High as Rasad's MACD Signal Targets 10,012 Rials (Saturday, October 3, 2026)

Khazar Investment Group (Vakharazm) grew net profit 75 percent to 66,426 billion rials in the fiscal year ended June 21, 2026, mainly on 71 percent growth in dividend income from its portfolio. Its assembly approved a 400-rial dividend (48% of EPS) on September 27, and the stock hit a 9,200-rial one-year high three sessions later with a buy queue....

6 min read · 3 October

Stocks · Analysis

Tehran's TEDPIX Rallied About 616% in 1398-99 and Gold Jumped 149% in 1403; Rasad Is Watching Four Markets for 1405 (Friday, October 2, 2026)

Tehran's TEDPIX index rose about 616% from mid-September 2019 to mid-August 2020, and 18-karat gold gained about 149% in Iranian year 1403 and about 118% in 1404, per Sahmino's own price archive. Now in 1405, with point-to-point inflation near 89% and the free dollar near 258,500 tomans, the question is which market rallies next, and what Rasad's d...

6 min read · 2 October

Stocks · Analysis

IGCZ Raised Its Capsule Shell Price 79 Percent and Grew First Half Sales 68 Percent; Another 25 Percent Hike Took Effect in October

IGCZ's (Iran Gelatin Capsule) monthly activity report on Codal shows first-half 1405 sales up 68 percent even as unit volume fell 6.4 percent, powered entirely by a 79 percent rise in the per-shell rate. From the first day of Mehr the board raised the rate another 25 percent. At the September 30 close its P/E is 8.9, below the 9.8 sector average; R...

6 min read · 2 October

Gold · Analysis

Jam-e Tala Hits 1-Year High on Fifth Straight Gain; Lotus Gold Fund Trades Below NAV as Emami Coin's Premium Reaches 9.63 Million Tomans (Friday, October 2, 2026)

Jam-e Tala (JAMF) rose for a fifth straight session on Thursday to a one-year high of 23,004 rials, just 0.31% above its NAV. Lotus Gold (LOTF) also hit a one-year high but traded 0.39% below NAV. The same day, the Emami coin's premium stood at 9,628,100 tomans, about 3.8% above its gold content, a gap that makes the fund route cheaper.

6 min read · 2 October

Stocks · Analysis

Pars Detergent's 9-Month Profit Triples, Price Hiked Again Today; P/E Still 25% Below the Chemicals Sector (Thursday, October 1, 2026)

Pars International Products (BMPS, Tehran ticker شپارس) grew sales 111% and net profit 248% year on year in the nine months to June 21, 2026. Today, October 1, the detergent industry association raised its washing-powder price another 20%, a line that made 96% of last year's revenue. Its trailing P/E still sits at 7.5, about a quarter below the che...

5 min read · 1 October

Stocks · Analysis

Sepa's September Sales Matched Its Whole Spring Quarter in One Month; Spring Profit Rose 10x While Its P/E Stayed Half the Sector's (Wednesday, September 30, 2026)

Sepahan Industrial Group (Sepa, TSE: فسپا) grew its spring-quarter 1405 net profit nearly 10x year on year and operating revenue 95%, yet its P/E on September 30, 2026 was still 7.64, about half the basic-metals sector's 14.32 average. The stock hit a one-year high of 9,290 rials that day on a buy queue. Filed statements and Tehran Stock Exchange d...

5 min read · 1 October

Stocks · Analysis

Daroupakhsh Grew Quarterly Profit 402% and Six-Month Sales 244%; Rasad Holds a Buy Call on It With a 10,003-Rial Target (Wednesday, September 30, 2026)

Daroupakhsh's (DPAK) net profit grew 402% and revenue 222% year on year in spring 1405 (Q1); a fresh monthly filing confirms six-month domestic sales are up 244%. The stock hit a 52-week high of 9,350 rials yesterday and trades at 9,630 rials today, yet its trailing P/E is still just 11.5x. Rasad holds a buy call with a 10,003-rial target and an 8,...

6 min read · 30 September

Stocks · Analysis

Kaperspolis raises product prices 15%, disclosure upgraded to Tier A; Rasad has a buy call targeting 9,520 rials (Tuesday, September 29, 2026)

Yazd Persepolis Tile and Stone Co. (symbol Kaperspolis, Iran Fara Bourse) raised average product prices 15% from October 23, in a disclosure filed Tuesday, September 29, 2026 that was upgraded to Tier A the same day. Sahmino's Rasad desk issued a same-session buy call targeting 9,520 rials with an 8,320 rial stop over a 15-session horizon, while th...

6 min read · 30 September

Stocks · Analysis

Taban Passes Its Guaranteed Floor: Now 21.5% Above the 17,920 Rial Strike on Its Put Option (Tuesday, September 29, 2026)

Taban, Tehran Stock Exchange's largest-ever IPO, closed today, Tuesday September 29, 2026, at 21,780 rials, 21.5% above the 17,920 rial strike of its tradable put "hTaban66." Since its 12,395 rial listing print on August 31, the price return stands at 75.7%, and its September 22 assembly approved a 610 rial dividend; yet its P/E of 24 sits well abo...

5 min read · 29 September

Stocks · Analysis

Kamand's Can-Lid Price Jumps 120.6%; Its Accumulated Losses Still Exceed Registered Capital (Tuesday, September 29, 2026)

Gostaresh Ghatehsazi Kamand (KPMP), whose sole revenue-earning product is a can lid, raised its price from 34,000 to 75,000 rials (up 120.6%). First-half sales of that product already reached 12,741 million rials, more than all of last year's revenue, but the company's accumulated losses hit 412,610 million rials at the end of Khordad 1405, above i...

6 min read · 29 September

Stocks · News

Shekimia1: 1.35 billion shares in one day (Wednesday, September 30, 2026)

On Wednesday, September 30, 2026, 1.35 billion shares of Kimia Polyester Qom (9 percent of 15 billion shares) go on offer on Iran Fara Bourse's second market, three times the Fenoghreh offering. The seller is the major shareholder, so the money does not reach the company. At the 4,310-rial valuation and about 1.72 million codes, each code would get...

9 min read · 28 September

Stocks · Analysis

Iran Aluminium trades at a P/E near 6, under half its group: spring profit rose 7.7x, but monthly sales in Tir and Mordad ran 39% below the spring pace (Sunday, September 27, 2026)

Iran Aluminium (ALIR, Fayra) reported net profit of 74,844 billion rials for the three months to June 21, 2026, 7.7 times the same quarter a year earlier, lifting twelve-month profit to 150 trillion rials. Yet its board P/E at the September 27 close is 6.2, against 13.5 for the basic metals group. Sahmino's calculation shows about half of the five-...

10 min read · 27 September

Stocks · News

Maroon's 183 Percent Bonus Issue Did Not Change the Company's Value, but 13 Sessions of Buy Queues Lifted Its P/E From 5.4 to 7.9 (Saturday, 26 September 2026)

On 29 August 2026 Maroon Petrochemical raised its capital 183%, from 23 to 65 trillion rials, out of retained earnings; after the dividend and bonus adjustments its reference price became 18,950 rials and its value was unchanged. Through 26 September it closed limit-up for 13 straight sessions at 27,730 rials, 46% higher, and its board P/E rose fro...

9 min read · 26 September

Stocks · News

5,880 billion rials behind Fenoghreh: the buy queue on its second trading day, September 23, 2026, was larger than the whole retail tranche of the IPO

Fenoghreh, the first silver bullion producer listed in Iran, closed Wednesday, September 23, 2026 with a 361 million share buy queue at its 16,290 rial ceiling: about 5,881 billion rials, more than the 4,745 billion rials the whole retail tranche of its IPO raised. The discovered price was 15,818 rials and about 1.72 million codes bought, so an ave...

8 min read · 25 September

Crypto · News

Bit24's Window to Sell Tesla Tokens Closes at Noon on Sunday, 27 September 2026, and Remaining Balances Convert to Rial: Nobitex Shuts Its Markets for Seven US Stock Tokens on Saturday

Bit24 has given holders of five tokens linked to Tesla and SpaceX shares until noon on Sunday, 27 September 2026 to sell, and Nobitex closes its markets for seven US tech stock tokens at 11:00 on Saturday, 26 September. Remaining balances convert to rial at a price the exchange sets. With tether at 232,682 tomans on 25 September, one TSLAX token is...

8 min read · 25 September

Stocks · News

Half the Tonnage, Double the Rate: Ghachin's Tomato Paste Record Before Its 33 Percent Price Rise on 24 September 2026

On Thursday, 24 September 2026, Chin Chin Agro-Industrial (Ghachin) told Codal it had raised its base product's price from 2,099,000 to 2,799,000 rials, a 33.3% rise for a product that made up 78% of revenue in the fiscal year to 21 June 2026. Its August monthly report shows that in the first two months of the fiscal year, the average rate per ton...

8 min read · 24 September

Cars · News

Iran's New Car Market Directive Was Published Today, Wednesday, September 23, 2026: Cars Rated F May Not Raise Their Price, and the Tara Automatic V4 Trades at 3.4 Billion Tomans

Iran's Competition Council issued the updated passenger car directive, amended through September 15, 2026, and its full text was published on Wednesday, September 23, 2026. The key change turns the "competitiveness index" into a filter on price increases: each domestic or assembled car is measured against the average price of at least three similar...

8 min read · 23 September

Stocks · News

Bama Disclosed a Single Export Shipment Worth 41.83 Percent of Its Entire Prior Year Sales, and the Next Day the Stock Closed at the Floor at 5,060 Rials With a 125 Million Share Sell Queue (Tuesday, 22 September 2026)

On Monday, 21 September 2026, Bama filed a material disclosure with Codal recording the sale of one shipment to a foreign customer for 10,229,137 million rials; the form puts that at 41.83 percent of the company's entire prior year sales revenue. The book cost of the goods sold is 3,633,927 million rials, a 64.5 percent margin on this one deal agai...

9 min read · 22 September

Stocks · Analysis

Sahmino screen of 1,699 TSE symbols finds 50 cheap, profitable stocks; three insurers trade at less than half their sector's P/E (Monday, September 21, 2026)

Sahmino's screen of all 1,699 Tehran bourse and Farabourse symbols found 50 stocks with a P/E under 6, ROE above 20% and real asset turnover. At the top: Asia (P/E 2.01), Parsian (2.04) and Hafari Shomal (2.29). For the first two insurers, that is under half the insurance sector's own 4.34 average on Monday, September 21, 2026. Parsian hit its dail...

6 min read · 21 September

Stocks · News

Fenoghreh IPO: Zob Garan Rangin Falez, Tuesday, September 22, 2026

On Tuesday, September 22, 2026, Zob Garan Rangin Falez (ticker Fenoghreh), Iran's first listed silver-ingot producer, offers 450 million shares (9 percent) on Iran Fara Bourse's second market. The valuation prices each share at 11,827 rials, putting the company at about 59,133 billion rials; the per-code cap in the fixed-price stage is 600 shares,...

7 min read · 20 September

General · Market update

Iran Market Pulse, Sunday, September 20, 2026 Reports a Session in Which the Tehran Stock Exchange Main Index Fell 1.44 Percent and Closed Below 7.45 Million Points for the First Time Since September 14

Tehran's bourse opened Saturday, 19 September 2026 higher and closed red: the Tehran Stock Exchange main index fell 108,890 points, or 1.44 percent, to 7,448,843. That is the largest one session drop across the 20 sessions our recorded series covers, and its first close below 7.45 million points since Monday, 14 September. Currency, gold and coin,...

25 min read · 20 September

Cars · News

Iran Limits Used-Car Imports to Model Years 2021 to 2023; Since That Import Was Freed on 20 August, the Free-Market Dollar Has Risen 40,860 Tomans (Saturday, 19 September 2026)

Iran's Comprehensive Trade System said on 19 September 2026 that a used car cleared for import registration must be more than 3 and less than 5 years old, so only model years 2021, 2022 and 2023 qualify in 1405. Parliament freed these imports on 20 August with a 20,000-unit annual cap, stating the goal of helping balance prices. Over that window, S...

10 min read · 19 September

General · Market update

In Shahrivar, Tehran's Large Caps Pulled Ahead of the Small Ones: Headline Index 24.5 Percent, Equal-Weight Index 16.5 Percent, an 8 Point Gap in Iran Market Pulse for Saturday, September 19, 2026

From 1 to 25 Shahrivar 1405 (23 August to 16 September 2026) Tehran's headline index rose 24.5 percent while the equal-weight index, representing small and mid caps, rose 16.5 percent; the gap is 8 percentage points. On 25 Shahrivar the headline index gained 0.47 percent to a record 7,557,642 points while the equal-weight index fell 0.07 percent. R...

24 min read · 19 September

Gold · Analysis

The Fed Raised Rates 0.25 Points for the First Time Since 2023 and Gold Closed 85.65 Dollars Higher the Next Day; Tehran's 18 Karat Gram Fell 138,300 Tomans in the Same Window (Friday, 18 September 2026)

The US Federal Reserve raised its policy rate by 0.25 percentage points on Wednesday, 16 September 2026, its first increase since 2023. In Sahmino's own recorded series, spot gold, which closed that day at $4,257.83, closed Thursday 17 September at $4,343.48: $85.65 and 2.01 percent higher. Over the same window Tehran's 18 karat gram went from 23,5...

7 min read · 18 September

Stocks · Analysis

In Sahmino's Signal Scorecard, Settled Bearish Claims Reached Their Level 15.4% of the Time in a Rising, Low-Volatility Market Against 87.7% for Bullish Ones; the Bearish MACD Cross Was Lowest at 10 Hits Out of 189 (Wednesday, 16 September 2026)

Sahmino files the technical setups it detects across the whole Tehran board every night as "claims", each carrying the level that would prove it wrong. As of 16 September 2026 (25 Shahrivar 1405), in market weather we file as rising and low-volatility, 1,481 of 1,688 settled bullish claims reached their level (87.7%) against just 111 of 721 bearish...

8 min read · 16 September

General · Market update

Iran Market Pulse, Wednesday, September 16, 2026: Retail Investors Bought a Net 10.2 Billion Shares, the Most Since 17 August, and the Tehran Stock Exchange Index Set a Fresh Record at 7,521,959

On Tuesday, 24 Shahrivar 1405 (15 September 2026), retail investors were net buyers of 10,221 million shares on the Tehran Stock Exchange; in our recorded 30 day window only 17 August was larger. The main index rose 128,712 points, or 1.74 percent, to close at 7,521,959, and SENA reports 34 industry indices closed higher against 11 the session befo...

28 min read · 16 September

General · Market update

Tehran's count of rising industry indices fell from 36 to 11 in one session and the main index lost 38,179 points; Iran Market Pulse, Tuesday, September 15, 2026

Tehran's main index closed Monday, 23 Shahrivar 1405 (14 September 2026) down 38,179 points, or 0.51 percent, at 7,393,272, ending a seven session run of higher closes. SENA reported that 11 industry indices rose in the same session, against 36 the day before and 40 on Saturday. Outside the exchange the free market dollar gained 1.18 percent and it...

28 min read · 15 September

Stocks · News

Mobarakeh Steel closed at its highest since 18 January 2026 after 103 sessions without a trade, on the day Tehran's index closed red (Monday, 14 September 2026)

FOLD (Mobarakeh Steel of Isfahan) recorded its highest closing price since 18 January 2026 on Monday, 14 September 2026. Between those two dates lie 103 trading sessions in which the symbol did not trade at all: partly the roughly 80-day interruption of the whole exchange, partly the suspension of the symbol itself, which ended on 8 August 2026. It...

9 min read · 14 September

General · Market update

Tehran's Main Index Set a Seventh Consecutive Record at 7,431,450 Points; Iran Market Pulse, Monday, September 14, 2026 notes its last red close was on 13 Shahrivar

In Sunday's session, 22 Shahrivar 1405 / 13 September 2026, the Tehran Stock Exchange main index (TEDPIX) rose 153,863 points, or 2.11 percent, to close at 7,431,450 and set a seventh consecutive record. The last session this index closed lower was 13 Shahrivar, seven trading sessions ago. In the same session the free market dollar fell 2.32 percen...

27 min read · 14 September

Stocks · News

Sita's AGM voted out 96.58 percent of the profit for the year to 21 May 2026; the share has closed at its 3 percent daily cap in all four sessions since it reopened and ended 13 September in a 28 million share buy queue

Sita's annual general meeting approved a cash dividend of 4,155 rials per share on Sunday 6 September 2026, equal to 96.58 percent of its 4,302 rial earnings per share and 9,141 billion tomans in total. The symbol reopened on 8 September after a three session halt and has closed at the 3 percent daily cap in every session since; on 13 September it...

8 min read · 13 September

General · Market update

Iran Market Pulse opens on the Farabourse, Sunday, September 13, 2026: 72 percent of Saturday's Farabourse turnover went to government debt as the Tehran bourse index set a sixth straight record at 7,277,556

Iran Market Pulse for Sunday, September 13, 2026, before the Tehran bourse opens: in Saturday's session, 61.07 trillion tomans of the Farabourse's 85.31 trillion tomans of turnover, or 71.6 percent, was traded in 22 government debt tickers, a sum by itself 1.39 times the entire Tehran Stock Exchange turnover. The main index rose 2.18 percent to a r...

22 min read · 13 September

Housing · Analysis

Arzesh Maskan, a Tehran-listed property fund, closed at a 52-week high on 12 September 2026; the NAV its 208.9 percent gap is measured against is 122 days old

Arzesh Maskan, a real-estate investment fund traded on Iran's Farabourse, closed on Saturday 12 September 2026 (21 Shahrivar 1405) at 37,361 rials a unit, up 1.78 percent and its highest close in 52 weeks. That price sits 208.9 percent above the fund's published NAV of 12,094 rials, but that NAV carries the date 13 May 2026 on the exchange's own bo...

8 min read · 12 September

General · Market update

Tehran's One Month Gold and Coin Rally Was Not the Ounce's Doing: Ounce Zero Percent, 18 Karat Gold 26.7 and the Coin 27.5 Percent (Iran Market Pulse, Saturday 21 Shahrivar 1405 / 12 September 2026)

Iran Market Pulse, Saturday 21 Shahrivar 1405 (12 September 2026), before the bourse opens: over the month to today spot gold went from $4,351.71 to $4,350.36, down 0.03 percent, while 18 karat gold rose 26.74 percent, the Emami coin 27.51 and the free market dollar 26.18. The last session, Wednesday 18 Shahrivar, closed TEDPIX at a record 7,122,27...

21 min read · 12 September

Commodity · News

Axios and Reuters report Washington turned down Riyadh's request to strike Ansar Allah; Brent travelled $12.8 across four sessions to close just $5.4 higher (Friday, 11 September 2026)

On Friday, 11 September 2026, Axios and Reuters reported, citing sources, that Saudi Arabia's crown prince asked Trump for US military help against Ansar Allah and that Washington offered intelligence support instead of strikes. Across the same four sessions, Brent crude travelled $12.8 on Sahmino's own series but closed only $5.4 higher, from $99....

9 min read · 12 September

Currency · Analysis

The iPhone 18 Pro Equals About 17 Months of Iran's 1405 Minimum Base Wage, and 11.5 Grams of Gold; 94% of Its One-Year Rial Price Rise Was the Exchange Rate (Thursday, 10 September 2026)

At Apple's official 1,199 dollars and the free-market dollar of 232,700 tomans recorded on 9 September 2026, the 256GB iPhone 18 Pro converts to 278.9 million tomans: about 16.8 months of Iran's 1405 minimum base wage, roughly 3,220 working hours, and 11.5 grams of 18-karat gold. Of its 168 million toman one-year rise, about 94% came from the excha...

15 min read · 10 September

Currency · News

Apple launched the iPhone 18 Pro $100 dearer, a gap that reaches $300 at one terabyte, and priced the foldable iPhone Duo at $1,999 (Thursday, 10 September 2026)

Apple introduced the iPhone 18 Pro, the Pro Max and its first foldable, the iPhone Duo, on Wednesday, 9 September 2026. The 256GB iPhone 18 Pro costs $1,199, $100 above the iPhone 17 Pro, but at one terabyte the gap reaches $300. At a free-market dollar of 232,700 tomans on 9 September 2026, the Pro works out to about 279 million tomans for an Iran...

15 min read · 10 September

Cars · News

Iran Khodro opens its 15th priority sale round with 25,200 cars; the factory to market gap on the Dena Plus automatic is at least 638 million tomans (Wednesday, September 9, 2026)

Iran Khodro opened the 15th round of its priority based car sale at noon on Wednesday, September 9, 2026 (18 Shahrivar 1405), with 25,200 vehicles on offer. The same day, the Dena Plus turbocharged automatic traded at 3.25 billion tomans on the open market according to Sahmino's own recorded prices, against a factory price of 2,611,774,900 tomans i...

8 min read · 9 September

General · Market update

Tehran's main index crosses 7 million points for the first time on a day retail investors turned net buyers; Iran Market Pulse, Wednesday, September 9, 2026

Iran Market Pulse, Wednesday, 18 Shahrivar 1405 (September 9, 2026): the TSE main index rose 167,328 points, or 2.42 percent, to 7,074,945 on Tuesday 17 Shahrivar, crossing 7 million for the first time in the market's history, on a day retail investors turned net buyers after three sessions of net selling. The same day 18-carat gold rose 2.43 perce...

24 min read · 9 September

Coin · News

100,000 Gold Coins in 100 Million Notes; Iran Mercantile Exchange Details the Central Bank's First Coin Salaf Bond Offering, Set for Wednesday, September 9, 2026 Under the Symbol Asakkeh 2

The Iran Mercantile Exchange said on Tuesday, September 8, 2026 (17 Shahrivar 1405) that the central bank's first standard parallel salaf bonds on the full Bahar Azadi coin trade tomorrow, September 9, from 11:45 to 18:00 under the symbol "Asakkeh 2". The offering is 100,000 coins issued as 100 million notes, which makes each coin 1,000 notes. At t...

10 min read · 8 September

General · Market update

In a week the Tehran Stock Exchange index rose 359,000 points, 51 percent of that ground was covered in a single session; Iran Market Pulse, Tuesday, September 8, 2026

Iran Market Pulse, Tuesday, 17 Shahrivar 1405 (8 September 2026): the Tehran Stock Exchange index gained 359,685 points in the seven days to Monday's close, and 51.2 percent of that ground was covered in Monday's session alone, a 184,042 point gain of 2.74 percent that Boursenews called the index's largest daily rise. The same day the Emami gold co...

21 min read · 8 September

Stocks · News

Tehran's TEDPIX Rose 184,041 Points to 6,907,617 on Monday, September 7, 2026; Only 3 of 366 Bourse Symbols Closed Red

The Tehran Stock Exchange's main index (TEDPIX) closed on Monday, September 7, 2026 (16 Shahrivar 1405) at 6,907,617 points, up 184,041 points or 2.74 percent. A Sahmino screen across 366 Tehran bourse equity and rights symbols at that same close shows 362 closed higher and only 3 closed lower, each of the three by less than half a percentage point...

9 min read · 7 September

General · Market update

Iran Market Pulse, Monday, 16 Shahrivar 1405 (7 September 2026): over the past month the coin returned 25.4 percent, bitcoin 22.7, the bourse 21.8 and the free dollar 20; TEDPIX set a fresh record on Sunday at 6,723,576

Iran Market Pulse, 16 Shahrivar 1405 (7 September 2026): in Sahmino's own series, the one month return from 17 Mordad to 15 Shahrivar (8 August to 6 September 2026) was 25.4 percent for the Emami coin, 22.7 for bitcoin, 21.8 for TEDPIX and 20.0 for the free dollar, so even a record month left the bourse behind the coin. On Sunday TEDPIX rose 1.85 p...

21 min read · 7 September

Stocks · Analysis

DARA Closed at 552,923 Rials on Sunday, September 6, 2026, a Third Below Its Redemption Value and the Widest Such Gap Among Actively Traded Funds

The Financial Intermediation First Fund, traded as DARA on the Tehran Stock Exchange, closed at 552,923 rials per unit on Sunday, September 6, 2026 (15 Shahrivar 1405), down 1.35%, while TEDPIX rose 1.85% to a record 6,723,576 points. Its redemption value was published the same day at 829,476 rials, leaving the board price 276,553 rials, or 33.3%,...

9 min read · 6 September

General · Market update

From 1 Shahrivar to today the free dollar rose 27,305 tomans and the last rate below 200,000 was set that day; Iran Market Pulse, Sunday, September 6, 2026, and TEDPIX set a record past 6.6 million units

Iran Market Pulse, Sunday 6 September 2026: the last time the free dollar closed below 200,000 tomans was 1 Shahrivar (23 August), at 199,900 tomans. On Saturday it closed at 227,205 tomans, 27,305 tomans and 13.7 percent higher in thirteen days. That same session TEDPIX rose 1.50 percent to 6,601,286 units, past 6.6 million for the first time, whi...

22 min read · 6 September

Stocks · Analysis

Shavan Shares Rose 77.6% Over 22 Straight Sessions While Quarterly Profit Fell 90% (Saturday, September 5, 2026)

Shavan (Lavan Oil Refining) on Iran Fara Bourse has risen 77.6 percent over 22 straight higher closes, from August 1 to today, Saturday, September 5, 2026, reaching a one-year high. Yet the company quarterly statement for the period ended June 21, 2026 shows net profit per share down 90 percent from a year earlier. The rally has been driven mainly...

7 min read · 5 September

General · Market update

Iran's Two Dollar Rates Drift 4 Points Wider This Week as TEDPIX Ends Its 20-Session Rally in the Red; Market Pulse, Saturday, September 5, 2026

Market Pulse, Sep 5, 2026: the gap between Iran's free dollar (221,060 tomans) and official rate (160,022 tomans) widened from 34.5% to about 38.1%, the Emami coin premium hit a weeks-low (189,000 tomans), and TEDPIX fell 1.21% to 6,503,971 points Wednesday, ending a 20-session rally as retail investors pulled out roughly 5,600 billion tomans. A st...

15 min read · 5 September

Stocks · News

Sports Ministry Fully Exits Esteghlal Football Club's Shareholder Register; Its 3.1% Stake Lands at a Persian Gulf Financial Group as the Stock Hits an Eight-Month High (Wednesday, September 2, 2026)

Iran's Ministry of Sport and Youth completely exited Esteghlal Football Club's shareholder register on September 2, 2026 (11 Shahrivar 1405), according to Tehran Stock Exchange records. The 3.1 percent stake (334,525,650 shares) the Privatization Organization had announced for sale a month earlier landed at Persian Gulf Capital Pioneers Financial G...

8 min read · 4 September

Coin · News

Emami Coin's Premium Falls to 189,000 Tomans Today Despite a Gold and Dollar Jump; Its Tightest Gap in Weeks (Thursday, September 3, 2026)

The Emami gold coin's premium (the gap between its market price and its melt value) fell today, Thursday, September 3, 2026, from about 1,107,000 tomans yesterday to just 189,000 tomans, despite an roughly 2.6 to 3 percent jump in 18 karat gold and the global gold ounce. Sahmino's own data (16:59) and Alanchand's live bubble gauge (20:05) both put...

7 min read · 3 September

General · Market update

Two Tankers Struck in Hormuz, US Promises New Bank Sanctions; Dollar Climbs Past Record; Iran Market Pulse, Sep 2, 2026; TEDPIX Sets Record

Iran Market Pulse, Wednesday, September 2, 2026: Tehran's free-market dollar, which hit a historic record of 209,300 tomans Monday evening, climbed another 4,700 tomans by Tuesday evening to 214,000 tomans. Two tankers were struck by projectiles in the Strait of Hormuz, and the US Treasury Secretary announced new Iran bank sanctions this week. Tehr...

13 min read · 2 September

Materials · Analysis

Tehran Cement Bag Premium Nearly Halves in Three Weeks; Gap to Commodity Exchange Price Falls From 47% to 25% (Tuesday, September 1, 2026)

The price of a 50kg bag of Tehran cement fell from 291,000 tomans on August 13 to 240,000 tomans on September 1, 2026; Abyk cement dropped 21.5% and Saveh cement 12.3% over the same span. The gap between Tehran's retail bag price and the Iran Mercantile Exchange's discovered price (about 192,500 tomans) narrowed from 47% to nearly 25% in the same p...

7 min read · 1 September

General · Market update

Dollar Hits Record 209,300 Tomans, Brent Tops $90 as Iran-US Tension Escalates; Iran Market Pulse, Tuesday, 10 Shahrivar 1405 / September 1, 2026: TEDPIX Sets Fresh Record Anyway

Iran Market Pulse, Tuesday, 10 Shahrivar 1405 (September 1, 2026): Tehran's free market dollar hit a record 209,300 tomans Monday evening and Brent crude topped $90, as the US struck Iran's Larak Island and Iran hit back at bases in Jordan and the UAE. TEDPIX still closed up 0.49% at a record 6,547,932 points Monday, even as retail investors pulled...

15 min read · 1 September

Stocks · News

Kian Financial Group's Stock Is Up 465% in a Year, Hit a 12-Month Record on Saturday; Its 180% Capital Increase Diluted No One

Kiana, the Tehran-listed ticker for Kian Financial Group, closed at 8,110 rials on Monday, August 31, 2026, up 465% from 1,435 rials a year earlier on September 2, 2025. Two days earlier, on Saturday, August 29, the stock closed at a 12-month record of 8,160 rials, two weeks after shareholders approved a 180% capital increase funded entirely from r...

7 min read · 31 August

General · Market update

Tehran Bourse's Biggest-Ever IPO Opens Today; Iran Market Pulse, Monday, 9 Shahrivar 1405: The Dollar Gained 6,110 Tomans in a Week, TEDPIX Set a New Record

Today, Monday, 9 Shahrivar 1405 (August 31, 2026), Taban Petrochemical's shares, 4.6875 billion of them, go public in the largest IPO in Tehran Stock Exchange history. It comes right after a week in which TEDPIX jumped 2.03 percent Saturday to a record 6,516,184 points and the free-market dollar climbed 6,110 tomans (3.06 percent), from 199,900 tom...

13 min read · 31 August

Cars · Analysis

Iran's Administrative Court Annuls Competition Council's Car Down-Payment Rule; Saipa and Iran Khodro Give Conflicting Codal Disclosures

Iran's Administrative Court of Justice annulled Competition Council Resolution 473, known in the auto industry as the "inflation-share rule," on Wednesday, August 19, 2026. The resolution had locked a car buyer's pre-sale down payment in as a fixed share of the price at registration. Saipa's August 22 Codal disclosure said the annulment is retroact...

8 min read · 30 August

General · Market update

Iran Market Pulse, Morning, Sunday, August 30, 2026: TEDPIX Jumps 2.03% to a Record 6,516,157 as Global Gold Steadies After Friday's 3% Drop and the Coin Hits a New High

Tehran's TEDPIX jumped 2.03% on Saturday, 29 August 2026, to a fresh record of 6,516,157 points, its best week in ten weeks. Global gold steadied around $4,454 after Thursday night's 3%-plus drop, while Tehran's free-market dollar rose 2.7% to 206,010 tomans, pushing the Emami coin to a fresh record of 218,010,000 tomans. Mordad's year-on-year infl...

13 min read · 30 August

Stocks · Analysis

Tehran's TEDPIX Jumps 2.03% to a Fresh Record of 6.516 Million Points; This Week's Liquidity Flows From Parallel Markets Into the Bourse (Saturday, August 29, 2026)

Tehran's TEDPIX (main stock index) rose 2.03% (up 129,581 points) on Saturday, August 29, 2026, to a record 6,516,000 points, its sixth straight gaining session, up nearly 7.5% since August 22. Trading value hit about 41.8 trillion tomans and 224 stocks gained more than 2%, as the dollar and gold pulled back this week.

7 min read · 30 August

Stocks · Analysis

Rail Pardaz Novafarin's Stake in Dlip Jumps From 49.5% to 80.9% After a 450% Rights-Stripped Capital Increase (Saturday, August 29, 2026)

Rail Pardaz Novafarin's stake in Tehran Stock Exchange base-market ticker Dlip (Delijan Talaei Shokouh Pars) rose from 49.53% to 80.93% in the exchange's official ownership record dated August 26, 2026, three days after Dlip's 450.5% capital increase, funded entirely from cash with existing shareholders' pre-emptive rights stripped, was formally re...

6 min read · 29 August

General · Market update

Tehran Stock Exchange Closes the Week at a Record 6,386,576 Points the Same Night Global Gold Drops 3 Percent on Fed Remarks: Market Pulse, Morning of Saturday, August 29, 2026

Tehran's benchmark TEDPIX index rose 2.6 percent on Wednesday, August 26 (4 Shahrivar) to a record 6,386,576 points, capping a roughly 5.4 percent weekly gain. But on Friday night, August 28 (6 Shahrivar), hawkish remarks from Fed Chair Kevin Warsh at Jackson Hole sent global gold down 3.08 percent to $4,458.89 and pulled bitcoin back toward $78,40...

11 min read · 29 August

Commodity · News

Pezeshkian Sets Iran's Third-Tier Gasoline Price at 10,000 Tomans: Mapping the Chain Reaction on Inflation, the Dollar, Gold and the Bourse (Friday, August 28, 2026)

President Masoud Pezeshkian said on the evening of Friday, August 28, 2026 (6 Shahrivar 1405) that Iran's third-tier gasoline price, after coordination among relevant institutions, will rise from 5,000 to 10,000 tomans per liter and go no higher. It is the first time the country's top executive official has confirmed a final figure; an implementati...

11 min read · 29 August

General · Market update

Global Gold at a Three-Month High as the Dollar Sits Near a Multi-Month Low; Market Pulse, Friday Morning, Aug 28, 2026; Tehran's Bourse Closed With Its Record 6,386,000-Point Week

Friday morning, Aug 28, 2026 (6 Shahrivar 1405): Tehran's bourse and commodity exchange are closed, but global gold, which hit a three-month high of $4,696 on Monday, trades at $4,580 today, the dollar sits near a multi-month low and bitcoin holds near $80,000. In Tehran, TEDPIX closed the week at a record 6,386,577 points and the free-market dolla...

15 min read · 28 August

General · Market update

As the Global Dollar Nears a Multi Month Low, Gold Holds Near a Three Month High and Bitcoin Nears $80,000; Tehran's 18 Karat Gold Hits a Record 21,746,400 Tomans (Market Pulse, Morning, Friday, 6 Shahrivar 1405)

Tehran's bourse is closed this Friday morning, 6 Shahrivar 1405, but parallel markets are hot: global gold, which traded at $4,590 to $4,600 on Thursday, its highest in more than three months, eased slightly to $4,580 this morning; the US Dollar Index is down 1.69 percent over the past month, near a multi month low, and bitcoin has reached $79,862....

15 min read · 28 August

Currency · News

Hemmati Says Central Bank Has Supplied $500 Million in Negotiated-Rate FX to the Parallel Market; Gap With the Free Dollar Still 21 Percent (Thursday, Shahrivar 5, 1405)

Central Bank Governor Abdolnaser Hemmati said Thursday, Shahrivar 5, 1405 (August 27, 2026) the bank has supplied $500 million in negotiated-rate FX to the parallel market to curb "fake FX jobs," with more available if needed. Sahmino's board put today's negotiated dollar at 158,039 tomans against a free-market dollar near 200,600 tomans, a gap of...

6 min read · 27 August

Crypto · News

Bitcoin Reached About $79,650 Today, Its Strongest Month in Over a Year, But It's Still Well Below Its All-Time Record (Thursday, August 27, 2026)

Bitcoin traded around $79,650 today, Thursday, August 27, 2026, per CoinGecko, ArzDigital and TradingEconomics. The world's largest cryptocurrency is having its best monthly performance in over a year, but it remains clearly below its October 2025 all-time record. The main driver has been the US Treasury's August 19 decision to roughly double its l...

7 min read · 27 August

General · Market update

Iran Market Pulse, Midday Thursday, Shahrivar 5, 1405; Bourse Closed but TEDPIX Closes Its Best Week at a Record 6.386 Million Points as the Dollar Stays Boxed In by the Central Bank and Global Gold Trades Quietly

Tehran's stock exchange is closed today, Thursday, Shahrivar 5, 1405 (August 27, 2026), but TEDPIX capped the trading week by jumping 2.61 percent to a record 6,386,577 points in Wednesday's final session, up nearly 5.4 percent on the week. The Central Bank pushed the free market dollar back below the 200,000 toman threshold through banknote sales,...

14 min read · 27 August

Stocks · News

Iran Radiator Hits Second Straight One-Year High on Tehran Stock Exchange After 36% Sapco Rate Hike Worth 103.5 Billion Tomans in Revenue (Wednesday, August 26, 2026)

Iran Radiator Manufacturing Co. (RADI) told Codal that Sapco raised its product prices 36 percent, an effect it estimates at about 103.5 billion tomans (8 percent of last year's revenue) by fiscal year end. The stock gained more than 10 percent over four sessions and today, Wednesday, August 26, 2026, closed at a fresh one-year high for the second...

1 min read · 26 August

Stocks · News

Fameli Hits a One-Year Record of 19,950 Rials on a Third Straight Rally; Its Valuation Sits in the 23rd Percentile of Its Own Sector (Wednesday, August 26, 2026)

Shares of Fameli (National Iranian Copper Industries) on the Tehran Stock Exchange rose 2.99 percent to 19,950 rials on Wednesday, August 26, 2026 (Shahrivar 4, 1405), a one-year closing high and a third straight up session. The company's trailing twelve-month net profit is up 261 percent year on year, yet Sahmino's own screen places Fameli in just...

7 min read · 26 August

General · Market update

Dozens of Large Stocks Hit Buy Queues as TEDPIX Sets a Fresh Record; Iran Market Pulse, Midday Wednesday, Shahrivar 4, 1405 (August 26, 2026); Bitcoin Retreats From Its $81,250 Record, Iran Oil Exports Sink to 300,000 Barrels

Today, Wednesday, Shahrivar 4, 1405 (August 26, 2026), TEDPIX was up 2.52 percent (156,870 points) as of 10:59am, reaching 6,380,749 points, extending its recent record-breaking run; dozens of large stocks, including Bank Tejarat, Fameli, Shepna and Fars, stayed in buy queues. Meanwhile bitcoin retreated from yesterday's record of $81,250 to around...

1 min read · 26 August

Stocks · News

Bank Tejarat Hits 20th Straight Rising Session and a 795-Billion-Toman Buy Queue, Still Trading 27% Below Book Value (Tuesday, August 25, 2026)

Bank Tejarat (وتجارت) closed Monday, August 24 at a 52-week high of 901 rials, its 20th consecutive rising session, then rose another 3% to 928 rials today, Tuesday, August 25, closing locked in a buy queue worth roughly 795 billion tomans. Yet under its audited Codal financial statement, the stock still trades about 27% below book value; it is up...

6 min read · 25 August

Stocks · News

Taban Enters IPO Threshold With a Claimed 40% Guaranteed Return; NAV at 960 Trillion Tomans, Net Profit Forecast at 24.8 Trillion Tomans for 2026/27 (Monday, August 24, 2026)

Tehran Stock Exchange hosted an introductory session on Monday, August 24, 2026 for the IPO of "Taban" (Taban Farda Petrochemical Group). Its NAV was put at 960 trillion tomans and the valuation report's estimated share price at 16,073 rials; net profit for 2026/27 is forecast at about 24.8 trillion tomans. The major shareholder claimed a 40% retur...

8 min read · 25 August

Currency · News

Dollar, Gold and Coin All Pulled Back Today; Dollar Retreats From a 204,820-Toman Peak to the 200,000-Toman Range (Tuesday, August 25, 2026)

On Tuesday, August 25, 2026, Tehran's free-market dollar retreated to about 200,000 tomans this evening after a two-day surge that had taken it to a peak of 204,820 tomans; global gold, domestic 18-karat gold and the Emami gold coin fell together. A day earlier, Central Bank Governor Abdolnasser Hemmati had announced $175 million a day in FX supply...

7 min read · 25 August

General · Market update

Tehran's Main Index Jumped 1.85 Percent Today to a Record High; Iran Market Pulse, Tuesday Midday, Shahrivar 3, 1405; Bitcoin Topped $81,000 as China's Iran Oil Imports Fell to a Multi-Month Low

Tehran's TEDPIX index jumped 1.85 percent (112,999 points) by 10:59 am Tehran time today, Tuesday, Shahrivar 3, 1405 (August 25, 2026), to 6,212,955 points, an all-time high; the equal-weight index rose 1.36 percent and Farabourse 1.3 percent. Bitcoin topped $81,148 overnight and China's Iran oil imports fell to about 534,000 barrels a day in Augus...

14 min read · 25 August

Stocks · Analysis

Third Straight Pharma Buy Queue in Under a Week: IRDR Hits a One Year High on a 19 Session Run With No Price Moving Codal Disclosure Behind It (Monday, August 24, 2026)

IRDR (Iran Daru) closed up 2.94% and locked in a buy queue on Monday, August 24, 2026, taking its closing price to 14,000 rials: a 19th straight higher close and a fresh one year high, 444.2% above its 2,572.58 rial low of September 24, 2025. Unlike DJBR and Razak, which showed the same pattern recently, Sahmino found no price moving material discl...

7 min read · 24 August

Stocks · News

DJBR Jumps 14.53%, Extends Winning Streak to 10 Sessions and Hits a 52-Week High; 13 Days After Bank Employees' Pension Fund Exited Its Stake (Monday, August 24, 2026)

Tehran Stock Exchange ticker DJBR (Jaber Ebne Hayyan Pharmaceutical) opened 14.53% above yesterday's close on Monday, August 24, 2026, closing at a 10th straight higher session and a 52-week high of 44,340 rials, on volume 17.8 times its 20-session average. The rally began just 13 days after the Bank Employees' Pension Fund sold its entire 16.58% s...

6 min read · 24 August

General · Market update

Market Pulse, Midday Monday, Shahrivar 2, 1405; The Dollar Crosses 201,000 Tomans and TEDPIX Sets a Fresh Record, Hours After Bessent Announces Washington's Largest Economic Attack on Iran

The free market dollar reached 201,810 tomans on Sahmino's board today, Monday, Shahrivar 2, 1405, and 18 karat gold set a fresh record with a 2.63 percent gain, while TEDPIX also built a third straight record high. The simultaneous jump in both safe haven and risk assets came hours after US Treasury Secretary Scott Bessent announced the start of W...

13 min read · 24 August

Commodity · News

Aref: Top Income Decile Gets 23 Times More Gasoline Subsidy Than Bottom Decile; Government Denies 80,000 Toman Price Rumor (Sunday, August 23, 2026)

Mohammad Reza Aref, Iran's First Vice President, said Sunday, August 23, 2026 that the country's top income decile receives 23 times more benefit from the gasoline subsidy than the bottom decile, and that subsidized gasoline costs the country several billion dollars a year. Government spokesperson Fatemeh Mohajerani denied a rumored 80,000 toman ga...

6 min read · 23 August

General · Market update

18-Karat Gold Hits a Third Straight Record, Tops 21 Million Tomans; Iran Market Pulse, Midday Sunday, Sept 1 Shahrivar 1405, TEDPIX Nears 6.1 Million Points

Eighteen-karat gold in Tehran hit 21,469,200 tomans today, Sunday, Sept 1 Shahrivar 1405 (August 23, 2026), a third straight record, up about 4.7 percent from Saturday. TEDPIX reached 6,099,092 points in trading today, Tether's toman price jumped nearly 1.3 percent, and markets await tomorrow's US sanctions package.

16 min read · 23 August

Stocks · Analysis

Vabmellat, Mobarakeh Steel, Shepna and Ikco: Sahmino's 4-Stock Weekly Watchlist, From Vabmellat's P/E of 2.99 to Ikco's Losses (Saturday, August 22, 2026)

In the first edition of its Weekly Watchlist series, Sahmino examined four Tehran Stock Exchange names for the week ahead: Vabmellat, Mobarakeh Steel, Shepna and Ikco. All four closed higher on Saturday, August 22, 2026, and three closed locked in buy queues, but their P/E ratios and profit trends differ sharply, from Vabmellat's P/E of 2.99 (rough...

10 min read · 23 August

Coin · News

Iran's Emami Coin Premium Falls to Just 59,000 Tomans Today; Quarter and Gram Coins Still Cost 10 to 17 Percent More (Saturday, August 22, 2026)

On Saturday, August 22, 2026, Eghtesad Online reported (14:45 Tehran time) that the premium on Iran's full Emami gold coin had fallen to just 59,000 tomans, under a tenth of a percent of its price. Alanchand's live bubble calculator (21:35) put the same gap at negative 0.60 percent, the lowest in recent weeks. The quarter coin and gram coin premium...

6 min read · 22 August

Gold · News

Tehran's Gold and Silver Funds Jumped Up to 6.1% Today While Global Bullion Barely Moved (Saturday, August 22, 2026)

On Saturday, August 22, 2026, at least 10 Tehran Stock Exchange gold and silver funds rose between 4.4% and 6.1%, several hitting their highest closes since May or June, while global gold held near $4,607 an ounce and silver near $69 an ounce, both essentially flat. Tehran's Emami gold coin rose 4.76% and 18-karat gold 5.7%, both far outpacing the...

7 min read · 22 August

General · Market update

6,066,678 Points: Tehran's TEDPIX Breaks Through 6 Million for the First Time, Iran Market Pulse, Midday Saturday, Mordad 31, 1405 (August 22, 2026); US and UAE Both Ratchet Up Pressure on Iran

Midday Saturday, Mordad 31, 1405 (August 22, 2026): Tehran's TEDPIX jumped 1.91% to 6,066,678 points, breaking through 6 million for the first time; Farabourse rose 1.77%. In parallel, the US Treasury Secretary vowed the "toughest sanctions in history" on Iran, the UAE suspended all trade and financial ties with Iran "until further notice," and Bre...

12 min read · 22 August

Cars · News

Saipa Opens Non-Lottery Registration for Quick, Aria and Pars Nova from Sunday, August 23; Its Stock Hits a One-Year High on a Seventh Straight Up Session

From 10am Sunday, August 23, 2026 (1 Shahrivar 1405), Saipa opens non-lottery registration for regular applicants to buy the Quick GX-L, Quick S, Aria and Pars Nova, drawing on leftover capacity from the youth-population quota; prices are non-final and delivery runs from September 2026 into around October-November 2027. The same week, Saipa's Tehra...

6 min read · 21 August

Cars · News

Bahman Motor Opens a Five-Model Auction on Saturday, August 22; Mazda3 Below Market Price as Its Stock Is Up 90 Percent Over the Past Year

Per its official notice, Bahman Motor is auctioning five passenger cars (Mazda3, Shuval 6, Respect Prime, Fidelity Elite and Fidelity Prestige) from Saturday, August 22 through Wednesday, August 26, 2026 (31 Mordad to 4 Shahrivar 1405) via auction.bahman.ir, per Donya-e-Eqtesad and Ecoiran, citing Mehr News; base prices are typically below the open...

7 min read · 21 August

Stocks · Analysis

Sahmino's Screen Finds 4 High-Momentum Tehran Stock Exchange Sectors for the Week Ahead; Data Through Friday, August 21, 2026

Screening Sahmino's own trading, money-flow and fundamentals data through Friday, August 21, 2026 (30 Mordad 1405), four Tehran Stock Exchange sectors, oil refining, basic metals, banks and automotive, show the most momentum for the coming trading week. Brent stood at $93.70 at 18:17 today; Tehran's free-market dollar closed Thursday evening at 1,8...

10 min read · 21 August

General · Market update

Bitcoin Jumped Nearly 10 Percent Overnight to Cross $76,000, Global Gold Neared $4,560; Iran Market Pulse, Midday Friday, August 21, 2026

Bitcoin climbed nearly 10% in a day to reach $76,505 by 10:52 a.m. Tehran time today, Friday, 30 Mordad 1405; global gold hit $4,567.72. Wall Street fell overnight (Nasdaq down 1%). The Tehran Stock Exchange and Farabourse are closed today and tomorrow; in Tehran, 18-karat gold neared 20 million tomans and the Emami coin neared 200 million tomans.

13 min read · 21 August

Stocks · News

Razak Pharmaceutical (DRZK) Has Risen About 176% Since Its June 15 Reopening, Closing Each Session Bid-Locked; Behind the Run, a Jump in Quarterly Profit and a P/E Below the Sector Average

Razak Pharmaceutical (DRZK), halted for roughly four months, has climbed nearly 176% from its June 15, 2026 reopening to August 19, closing that last session at 3,980 rials on a buy queue, with volume about five times the one-month average. Behind the run sits the interim statement for the three months to June 21, 2026, in which net profit rose mor...

6 min read · 20 August

Crypto · News

Bitcoin Tops $72,000 to Its Highest Since Early June as the US Treasury Doubles Long-Term Bond Buybacks (Thursday, 20 August 2026)

Bitcoin climbed about 5.3% on Thursday, 20 August 2026, pushing past $72,000 to $72,415, its highest level since early June, according to CoinGecko and Sahmino data. The jump accelerated after the US Treasury said it would double buybacks of old long-term government bonds, a move markets read as indirect quantitative easing that weakens the dollar...

5 min read · 20 August