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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

General · Market update

Trump Vows the "Most Crushing" Sanctions Yet on Iran; Iran Market Pulse, Midday Thursday, Aug 20, 2026: Global Gold Breaks Above $4,500 as Dollar, Gold and Coin Rise Together

Trump said early Thursday, August 20, 2026, that he will soon unveil the "most crushing economic action" in history against Iran, as Strait of Hormuz diplomacy stalled again and confirmed tanker transits fell 17 percent. Global gold broke above $4,500 for the first time in two months, trading near $4,485 by 11am Tehran time; Tehran's free-market do...

13 min read · 20 August

General · Market update

UAE Suspends Trade and Financial Ties With Iran; Iran Market Pulse, Midday Wednesday, 28 Mordad 1405 (Aug 19, 2026): Dollar and Coin Hold Steady as Global Gold Sets a Fresh Record

The UAE said Wednesday morning, 28 Mordad 1405 (Aug 19, 2026), that it is suspending all trade and financial relations with Iran until further notice, hours after claiming it intercepted two Iranian missiles near Dubai, which Tehran denied. As of 11:00 Tehran time, TEDPIX was up just 0.04% near 5,950,000 points, the dollar and the Emami coin held s...

13 min read · 19 August

General · Market update

Brent Crosses $90 as Strait of Hormuz Tensions Rise: Iran Market Pulse, Midday Tuesday, Aug 18, 2026; TEDPIX Hits 5.914 Million

Brent crude jumped more than 2.5% on Monday evening, August 17, to cross $90 a barrel, and sits near $91 today, Tuesday, August 18, 2026. The UK Maritime Trade Operations agency reported a fresh maritime incident in the Strait of Hormuz this morning, and Reuters reported Iran has shifted to an "offensive" posture. Meanwhile Tehran's TEDPIX rose 0.2...

11 min read · 18 August

General · Market update

Iran Market Pulse, Midday Monday, August 17, 2026: TEDPIX Jumps 2.3% Past 5.898 Million as Gold and Coin Retreat

Tehran Stock Exchange's TEDPIX index jumped 2.3 percent (132,479 points) from yesterday's close by 11 a.m. today, Monday, August 17, 2026, reaching a fresh record of 5,898,860 points, while the equal weighted index rose 2.28 percent. In the same hours, gold and coin prices in Tehran eased and the Emami coin's premium kept deflating, while the free...

11 min read · 17 August

General · Market update

Emami Coin's Premium, Days After Spiking, Shrank 16.6 Percent Overnight; Iran Market Pulse, Midday Sunday, August 16, 2026

The Emami gold coin's premium, which had jumped more than 50 percent less than two weeks earlier, fell 16.61 percent (about 602,000 tomans) from the prior day on the evening of Saturday, August 15, 2026, to 3,625,000 tomans; Tehran's gold and coin market was broadly lower Sunday, August 16. Meanwhile TEDPIX was essentially flat at midday Sunday nea...

14 min read · 16 August

General · Market update

No Crude Tanker Crossed the Strait of Hormuz for the First Time, Brent Hits $88; Iran Market Pulse, Midday Saturday, August 15, 2026

Saturday, August 15, 2026 (24 Mordad 1405): Reuters, citing Kpler shipping data, reported that no crude tanker crossed the Strait of Hormuz on Friday. A third ADNOC vessel was attacked in under two days, and Trump said he would declare Hormuz US "territory." Brent hit $88.52 a barrel at 4:53 am today. Tehran's TEDPIX, after three closed sessions, i...

11 min read · 15 August

General · Market update

Market Pulse, Midday Friday, August 14, 2026: Brent Hits the $88 Range After an Attack on Two ADNOC Ships in the Strait of Hormuz, Near a 4% Weekly Gain

Friday, August 14, 2026: The UAE said Iran targeted two ADNOC ships transiting the Strait of Hormuz on Thursday evening and called it piracy. Brent crude jumped into the $88 range and, per global market reports, is on course for a nearly 4% weekly gain. Global gold slipped, but Tehran's gold and coin market got more expensive, according to the Tehr...

9 min read · 14 August

General · Market update

OPEC and IEA Cut 2026 Oil Demand Forecasts as Brent Slips to the $88 Channel; Iran Market Pulse, Thursday Midday, 22 Mordad 1405

Thursday midday, 22 Mordad 1405 (Aug 13, 2026): OPEC and the IEA cut their 2026 oil demand forecasts over the continued closure of the Strait of Hormuz, and Brent fell about half a percent to $88.51. Hormuz traffic fell to just 8 vessels Tuesday. Tehran's bourse and Farabourse are closed today, and the dollar and gold saw only limited moves in the...

13 min read · 13 August

General · Market update

Dollar Snaps Five Day Slide, Tops 187,000 Tomans as Emami Coin Premium Jumps More Than 50 Percent Overnight; Market Pulse, Midday Wednesday, Mordad 21, 1405

Midday Wednesday, Mordad 21, 1405 (August 12, 2026): Tehran's free market dollar jumped 1.19 percent to 187,800 tomans, snapping its five day slide, while the Emami gold coin's premium jumped 51.67 percent overnight to about 4,227,000 tomans. Tehran's TEDPIX closed at a record in the 5.7 million point channel yesterday and was still holding that ra...

13 min read · 12 August

General · Market update

Iran Market Pulse: Tuesday Midday, 20 Mordad 1405 / August 11, 2026; TEDPIX Sets a Second Straight Record, Tops 5.742 Million

By about 11:00am Tehran on Tuesday, 20 Mordad 1405 (August 11, 2026), Tehran's TEDPIX index rose 1.57% (up 88,618 points) to top 5.742 million, a second straight record session. Brent crude extended its recent rally past $89 as fresh Houthi missile strikes on Yemen and a drone attack on Libya's Zawiya refinery revived the Strait of Hormuz risk prem...

13 min read · 11 August

General · Market update

Iran Market Pulse: Saturday Midday, August 8, 2026; Tehran Bourse Opens the Week With a 2.3% Jump, Tops 5.5 Million Points

By midday Saturday, 17 Mordad 1405 (August 8, 2026), Tehran's main TEDPIX index jumped 2.34% (126,478 points) in the week's first session, clearing 5.5 million points to stand at 5,534,379; an extension of a week that closed with roughly 7% gains and over 13 trillion tomans of retail inflows. Meanwhile the dollar and gold stayed quiet, and the US T...

13 min read · 8 August

General · Market update

Iran Market Pulse: Friday Midday, August 7, 2026; Gold and Silver Jump Ahead of the US Jobs Report as Gold Hits $4,289

At midday Friday, 16 Mordad 1405 (August 7, 2026), with the Tehran Stock Exchange closed for the week, global spot gold rose about 1.1% to $4,289 an ounce and silver jumped more than 3% to near $63.70, both ahead of the US July jobs report due at 16:00 Tehran time, which could sharpen the outlook for Fed rate policy. Brent crude traded near $83.40...

10 min read · 7 August

General · Market update

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 re...

19 min read · 5 August

General · Market update

Iran Market Pulse: Tuesday Midday, August 4, 2026; With Markets Shut for Arbaeen, Silver Reached the $59 Area and Outran Gold

Iran's markets are closed today, Tuesday 13 Mordad 1405 (4 August 2026), for Arbaeen, but the global board had a clear winner by midday and it was not gold: silver traded between $58.88 and $59.04 an ounce with a session high of $59.13, while gold rose just 0.21% to 0.33% to sit at $4,062 to $4,065. Saudi Aramco reported its war-quarter profit the...

16 min read · 4 August

General · Market update

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...

16 min read · 4 August

General · Market update

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 hou...

18 min read · 3 August

General · Market update

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 d...

21 min read · 3 August

General · Market update

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 perce...

18 min read · 2 August

General · Market update

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...

17 min read · 2 August

General · Market update

Iran Market Pulse: Saturday Midday, August 1, 2026; the TEDPIX to equal-weight gap widened to 1.1 percentage points at midsession

By 11am on Saturday 10 Mordad 1405 (1 August 2026), the TEDPIX was 0.55 percent below the previous close while the equal-weight index stood 0.58 percent higher, a gap of about 1.1 percentage points in a single session. Meanwhile the securities regulator approved the asset revaluation directive, the cash gold and FX market posted no new quote by mid...

12 min read · 1 August

General · Market update

Iran Market Pulse: Saturday Morning, 10 Mordad 1405 (1 August 2026); Equal-Weight Index Hits a Record as 36 of 40 Industries Close the Week Green

The Tehran Stock Exchange reopens today, Saturday 10 Mordad 1405 (1 August 2026), after a two-day closure, having ended last week on a contradiction: the equal-weight index set an all-time record at 1,432,808 points and, per SENA, 36 of 40 active industry indices rose while 9 industries reached record highs, yet the headline index at 5,075,099 poin...

17 min read · 1 August

General · Market update

Iran Market Pulse: Friday Midday, July 31, 2026; Gold, Silver, Platinum and Palladium All Turned Red Together

This morning silver was the only green metal on the global board; by midday it had turned red too. As of 11:00 on Friday, 9 Mordad 1405 (31 July 2026), spot gold trades near $4,075 (down 0.9 percent) and spot silver near $58 (down 1.8 percent), with platinum and palladium also lower. It happens in a month when Brent has gained more than 20 percent....

15 min read · 31 July

General · Market update

Iran Market Pulse: Friday Morning, July 31, 2026; Brent Is up 20% in a Month

Iran's domestic markets are closed today, Friday 9 Mordad 1405 (31 July 2026), and board prices are still Thursday's. But the global market produced one big number: Brent crude trades near $85.50 this morning, about 20% above where it stood a month ago, though 13% below its 23 July peak. Domestically, the free-market dollar closed at 192,400 tomans...

13 min read · 31 July

General · Educational

Compound Interest in an Inflationary Economy: Why a 23% Deposit Against 61.4% Inflation Returns Minus 24%

Compound interest is not a financial trick but a mathematical property that works in both directions. At 20 percent, 100 million tomans becomes about 3,834 million over 20 years, while simple interest yields only 600 million. But inflation compounds too: at the 61.4 percent annual inflation of Tir 1405 (July 2026), the purchasing power of cash halv...

8 min read · 29 July

General · Market update

Iran Market Pulse: Wednesday Midday, July 29, 2026; The Headline Index Fell 32,000 Points While the Equal-Weight Stayed Green

As of 11:12 on Wednesday, 7 Mordad 1405 (29 July 2026), the Tehran Stock Exchange headline index stood 32,166 points (0.63%) below yesterday's close, while the equal-weight index was 5,225 points (0.37%) higher at the very same moment: two indices, two directions. That means today's selling is concentrated in the large caps, not across the market....

13 min read · 29 July

General · Market update

Iran Market Pulse: Wednesday Morning, 29 July 2026; Brent Jumped 4.45% Overnight

Markets closed yesterday with Brent near $84 and open this morning with Brent at $87.61: a 4.45% overnight gain as of 07:57 on 7 Mordad 1405 (29 July 2026) refilled the risk premium that had drained last week. Meanwhile the 25 kg bullion auction did its work: the Emami coin fell 0.82% even as 18 karat gold rose, and its premium shrank by 1,731,000...

12 min read · 29 July

General · Market update

Iran Market Pulse: Tuesday Midday, July 28, 2026; TEDPIX Passes 5.1 Million With 85% of the Day's Gain Booked at the Open

As of 11:08 on Tuesday, 6 Mordad 1405 (28 July 2026), the Tehran Stock Exchange's main index stands at 5,101,790 points, up 49,722 points (0.98%). But the real story lies elsewhere: the market opened at 09:05 at 5,094,120, meaning nearly 85% of today's gain was booked before a single share changed hands, and only 7,670 points have been added since....

13 min read · 28 July

General · Market update

Iran Market Pulse: Monday Midday, July 27, 2026; Brent Sinks 6.6% While Tehran Stocks Give Back 16,000 Points From the Opening High

By 11am on Monday, 5 Mordad 1405 (27 July 2026), the biggest number of the day was not printed in Tehran: Brent crude fell 6.64% to $90.75 a barrel, while spot gold rose 1.26% to $4,103.88. The Tehran Stock Exchange opened with a 59,931 point jump to 5,062,261, then slid back to 5,045,979 by 11:05, leaving it 16,282 points below the day's high.

13 min read · 27 July

General · Market update

Iran Market Pulse: Monday Morning, July 27, 2026; TEDPIX Added 107,877 Points and Reclaimed the 5 Million Channel

The Tehran Stock Exchange main index closed Sunday, 4 Mordad 1405 (26 July 2026) at 5,002,330 points, up 107,877 points or 2.20 percent, back inside the five million channel. The same day the free-market dollar fell 1.72 percent to 186,500 tomans and 18-karat gold dropped 2.1 percent to 17,878,900 tomans, while spot gold stood 0.89 percent higher a...

13 min read · 27 July

General · Market update

Iran Market Pulse: Sunday Midday, July 26, 2026; TEDPIX Gapped 80,000 Units at the Open and Closed to Within 23,000 of 5 Million

The Tehran Stock Exchange's TEDPIX index opened Sunday, 4 Mordad 1405 (26 July 2026) with an 80,560 unit jump already recorded in its first print at 09:05, and stood at 4,977,231 by 11:05, up 1.69 percent from Saturday's close and less than 23,000 units below the 5 million mark. Here is the point: only 2,218 units were added across two hours of con...

11 min read · 26 July

General · Market update

Iran Market Pulse: Saturday Midday, 25 July 2026; the Bourse Extends a Third Green Session, TEDPIX Near 4,894,000

With the dollar and gold sitting still, the number that actually moved today was in stocks: by around 11:00 a.m. Tehran time on Saturday, 3 Mordad 1405 (25 July 2026), Tehran's TEDPIX index was up about 0.2% at roughly 4,894,000 points, extending a third straight green session. The free-market dollar held near 193,100 toman, the traded gram of gold...

10 min read · 25 July

General · Market update

Iran Market Pulse: Saturday Morning, 25 July 2026; Global Gold Slid $100 from Its Record, but Domestic Gold Rose

The week opens on a divergence: as of Saturday morning, 3 Mordad 1405 (25 July 2026), spot gold traded near $4,050 an ounce, about $100 below this week's $4,150 record, yet Iran's domestic market rose on Friday against the global trend, with a gram of 18-karat gold reaching roughly 18.9 million toman and the Emami coin near 189 million toman. The f...

10 min read · 25 July

General · Market update

Iran Market Pulse: Friday Midday, July 24, 2026; Global Gold Steadies Near $4,046 as Money Rotates Toward Risk

Iran's domestic markets are closed on Friday, 24 July 2026 (2 Mordad 1405), so the only live board is the global one, and it shows a rotation: spot gold steadied near $4,046 (about $100 below this week's record) while Bitcoin climbed to around $65,650. The Strait of Hormuz war-risk premium is draining out, and money is turning from the safe haven t...

8 min read · 24 July

General · Market update

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 brea...

9 min read · 24 July

General · Market update

Iran Market Pulse: Thursday Midday, 23 July 2026; Brent Holds Above $96 While Gold Slips From Its $4,150 Record

Midday market update, Thursday 23 July 2026 (Tehran bourse closed for the weekend); the only live board is the global market, and today two risk assets split. Brent crude held above $96 (96.29), up about 2%, while spot gold eased about 0.7% to around $4,109, pulling back from Wednesday's $4,150 record. Domestic prices are frozen on Wednesday's clos...

13 min read · 23 July

General · Market update

Iran Market Pulse: Thursday Morning, 1 Mordad 1405 (23 July 2026); Brent Jumps Toward $96 and Gold Ends the Week at a Record

Weekly market review, Thursday 1 Mordad 1405 (23 July 2026), bourse closed. A week defined by one thing: the Strait of Hormuz risk premium. Brent jumped from about $88 toward $96, spot gold climbed near $4,150, and 18-karat gram gold entered the 19-million-toman channel; the free-market dollar settled near 192,000 toman after a 194,000 record, and...

14 min read · 23 July

General · Market update

Iran Market Pulse: Wednesday Midday, 22 July 2026; Brent Jumps to a One-Month High (Near $93) as Tehran Stocks Stall a Two-Day Rally

Wednesday midday, 22 July 2026 (31 Tir 1405): the morning belonged to gold and the dollar, but the real intraday mover turned out to be oil. Brent rose about 2.5% to near $93 a barrel, its highest in more than a month. In Tehran the TEDPIX index stalled after two green sessions, hovering near 4,884,000, the free-market dollar held the 190,000-toman...

13 min read · 22 July

General · Market update

Iran Market Pulse: Wednesday Morning, July 22, 2026; Gold and Coins Climb Again as the Dollar Returns Above 190,000 Tomans

Wednesday morning, 31 Tir 1405 (22 July 2026): Tuesday was one of those rare sessions when gold, coins, the dollar and the bourse all rose together, with only oil falling. A gram of 18-karat gold gained about 1.4% to roughly 18,445,000 tomans, the Emami coin reached around 186 million tomans, and the free-market dollar returned to the 190,000-toman...

12 min read · 22 July

General · Market update

Iran Market Pulse: Tuesday Midday, 21 July 2026; The Bourse Extends Its Rebound to a Second Green Session as the Index Climbs Near 4,887,000

Tuesday midday, 21 July 2026 (30 Tir 1405): mid-session, Tehran's main index (TEDPIX) rose about 1.5 percent (near 74,000 points) to around 4,887,000, extending a second straight green session; the OTC index added about 2 percent. Behind the move: roughly 3,000 billion tomans of real-money inflow on Monday. The free dollar held near 187,700 tomans,...

12 min read · 21 July

General · Market update

Iran Market Pulse: Tuesday Morning, 21 July 2026; the bourse ends a seven-session losing streak with a green close as the dollar holds near 187,700 tomans

Tuesday morning, 21 July 2026 (30 Tir 1405). For weeks the headlines have tracked the dollar's records, but the number that actually turned yesterday was the stock index: Tehran's TEDPIX closed Monday up about 1.2 percent (nearly 58,000 points) at 4,813,503, its first green session after seven straight red ones. The free-market dollar, near 194,000...

11 min read · 21 July

General · Market update

Iran Market Pulse: Tuesday Morning, 21 July 2026; the Dollar Slips Below 188,000 Toman and the Bourse Closes Green, up 1.2%

Tuesday morning, 21 July 2026 (30 Tir 1405): the free dollar retreated to about 187,700 toman by Monday evening (off Saturday's near-194,500 record), Tehran's index closed up ~1.2% at 4,813,503 for its first green session after eight red days, spot gold clung to the 4,000-dollar line and Brent eased to about 88 dollars. Behind every number sits one...

14 min read · 21 July

General · Market update

Iran Market Pulse: Monday Midday, 20 July 2026; Tehran Stocks Turn Green After Seven Red Sessions as the Dollar Steadies Near 193,000 Tomans

By midday on Monday, 20 July 2026 (29 Tir 1405), Tehran's overall stock index rebounded about 1.6 percent (nearly 80,000 units) to around 4,833,000, its first green session after seven straight declines. The free-market dollar held near 193,000 tomans, gram gold sat around 18,765,000 tomans, spot gold clung to the 4,000 dollar line, and Brent crude...

11 min read · 20 July

General · Market update

Iran Market Pulse: Monday Morning, July 20, 2026; the Dollar Backs Off Its 194,000-Toman Record, but Its Gap With the Official Rate Widens to 42,000 Tomans

After days of record-setting, the parallel market caught its breath: by the evening of Sunday, 28 Tir 1405 (19 July 2026) the free-market dollar had eased to about 193,000 tomans, but its gap with the roughly 150,000-toman official ("toafoghi") rate widened past 42,000 tomans. 18-karat gold fell nearly 2%, yet the coin premium rose, and by early Mo...

11 min read · 20 July

General · Market update

Iran Market Pulse: Sunday Midday, 19 July 2026; The Dollar Holds Its 194,500-Toman Record as the Bourse Slides Toward a 9th Straight Loss

Sunday midday, 28 Khordad 1405 (19 July 2026): the market is pulling in two directions. The free dollar sits at a record near 194,500 toman and a gram of 18-karat gold holds in the 19-million-toman channel, yet the Tehran bourse index is trading about 0.6 percent lower by 11 a.m. and, if it holds, heads for a 9th straight losing session. The diverg...

12 min read · 19 July

General · Market update

Iran Market Pulse: Sunday Morning, July 19, 2026; Gram Gold Leaps Nearly 5% Into the 19-Million Channel as the Free-Market Dollar Sets a 194,500-Toman Record

On the morning of Sunday, 28 Tir 1404 (19 July 2026), the Tehran bourse reopens amid a multi-week slide. Saturday evening the free-market dollar hit a fresh record near 194,500 toman and a gram of 18-karat gold jumped almost 5% into the 19-million-toman channel; the less-watched twist was that because coins rose slower than gold, the Emami coin pre...

11 min read · 19 July

General · Market update

Iran Market Pulse: Saturday Midday, 18 July 2026; Tehran bourse falls about 2.5% on the week's first session as the agreed dollar breaks into the 150,000-toman channel

Saturday midday, 27 Tir 1405 (18 July 2026): on the week's first session and its eighth straight down day, the Tehran bourse fell nearly 2.5% by around 11 a.m., the main index near 4,776,000 points. Meanwhile the agreed dollar (the official rate) entered the 150,000-toman channel for the first time (150,237 toman), toman Tether stood at 194,581, an...

11 min read · 18 July

General · Market update

Iran Market Pulse: Saturday Morning, July 18, 2026; the Dollar Hits a Fresh Record Near 191,000 Tomans as Global Markets Turn Higher Alongside the Oman Table

On the morning of Saturday, 27 Tir 1405 (18 July 2026), the Tehran bourse reopens after the weekend following a seventh straight losing session. The free-market dollar reached a fresh record near 191,000 tomans (up nearly 8 percent on the week), and just as the Iranian delegation sits down at the Oman table, global markets priced tension back in: s...

11 min read · 18 July

General · Analysis

Southern Iran Under Fire: Sahmino's Analysis of the Economic Fallout and the Paths Ahead

The sixth wave of US strikes on southern Iran is, above all, a human tragedy. On the economic side, by the evening of Friday, 17 July 2026 (26 Tir 1405) the domestic Tether rate had climbed to around 193,000 tomans and the coin premium held near a multi-week record, while the fate of Saturday's Oman meeting remains unclear. Sahmino reviews the impa...

15 min read · 17 July

General · Market update

Iran Market Pulse: Friday Midday, July 17, 2026; Bitcoin Below $63,000 and Gold Pinned at $4,000 on the Eve of the Oman Table

Market Pulse, Friday midday, 26 Tir 1405 (17 July 2026), with the bourse and cash markets closed. The only live board today, global and crypto, is flashing one word: caution. Bitcoin fell about 2% below $63,000 (~$62,857), Ether to ~$1,830, and spot gold clung to the $4,000 line. Iran's parallel market is frozen on Thursday's record: the free-marke...

13 min read · 17 July

General · Market update

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 c...

13 min read · 17 July

General · Educational

Asset Allocation in Iran's Inflationary Economy: A Professional Framework for Building and Rebalancing a Portfolio

Asset allocation, not stock picking, explains most of a portfolio's return variability, yet the standard models assume what Iran lacks: a true risk-free asset and single-digit inflation. This article rewrites the framework for Iran's market: the shared currency anchor and false diversification, real versus nominal return, the true role of each asse...

19 min read · 16 July

General · Market update

Iran Market Pulse: Thursday Midday, July 16, 2026; Global Gold Slips Below $4,050 as the Free-Market Dollar Holds Its 188,000-Toman Record

Midday market update, Thursday 25 Tir 1405 (16 July 2026), bourse closed. With no Tehran session, only the global markets that never rest were live, and that is where the news was: spot gold pulled back from Tuesday's near $4,080 peak to around $4,040, and Bitcoin eased to $64,554. At home, the free-market dollar held its record near 188,250 toman...

11 min read · 16 July

General · Market update

Iran Market Pulse: Thursday Morning, 16 July 2026; The Week the Ceasefire Collapsed and the Dollar Hit a Record 188,000 Tomans

Weekly market review, Thursday morning, 25 Tir 1405 (16 July 2026, bourse closed): the week the Islamabad accord collapsed, the US reimposed its naval blockade of Iranian ports, and the free-market dollar jumped 2.22% on Wednesday to a record 188,200 tomans. Gram of 18-karat gold reached 18.36 million tomans and the coin premium leapt about 25% in...

12 min read · 16 July

General · Market update

Iran Market Pulse: Wednesday Midday, 15 July 2026; the Tehran bourse stays red intraday as global gold slips from its $4,080 peak

Midday Wednesday, 15 July 2026 (24 Tir 1405); mid-session, Tehran's main index (TEDPIX) is down about 0.29% near 4,910,330 for another red day, while the free-market dollar holds a record 184,110 tomans and a gram of 18-karat gold sits near 17,891,000 tomans. The fresh driver is external: spot gold has slipped from Tuesday's ~$4,080 peak to about $...

11 min read · 15 July

General · Market update

Iran Market Pulse: Wednesday Morning, 15 July 2026; Emami Coin Near 181 Million Tomans as Global Gold Holds Near $4,050

Wednesday morning, 24 Tir 1405 (15 July 2026). In overnight and early parallel-market trade, gold and coins ran ahead of the dollar: the Emami coin rose 2.25% to about 180,985,000 tomans and a gram of 18-karat gold gained 1.19% to about 17,892,000 tomans, while the free-market dollar held its record 184,110 tomans. The driver was global gold near $...

11 min read · 15 July

General · Market update

Iran Market Pulse: Tuesday Midday, July 14, 2026; Tehran Bourse Slips Below 4.92 Million as Global Gold Reclaims $4,000

At midday on Tuesday, 23 Tir 1405 (14 July 2026), Tehran's TEDPIX index fell about 1.08% in the live session to 4,913,868 points (below 4.92 million), while the free-market dollar held near its record (the toman-tether proxy around 183,220 tomans) and global gold, which had slid below $4,000 on Monday, climbed back above that line. Brent crude trad...

12 min read · 14 July

General · Market update

Iran Market Pulse: Tuesday Morning, July 14, 2026; The Dollar Sets a New Record and Brent Oil Nears $85

Early Tuesday, 23 Tir 1405 (July 14, 2026), the live free-market dollar (Tether-toman proxy) reached about 183,000 tomans, a fresh record; the dollar had closed Monday at 180,985. Brent neared $85 on the continuing Strait of Hormuz disruption, global gold slipped below $4,000, and the Tehran index closed Monday down 1.79% at 4,966,761. Amid the sel...

11 min read · 14 July

General · Market update

Iran Market Pulse: Monday Midday, July 13, 2026; Tehran Stock Exchange Stays Below 5 Million in a Sixth Down Session as the Dollar Hovers Near 180,000 Tomans

By around 11:00 a.m. on Monday, 22 Tir 1405 (13 July 2026), Tehran's main index (TEDPIX) was down about 1.9% at 4,961,293, staying below the 5-million mark for a sixth straight session. At the same hour the free-market dollar traded near 179,800 tomans and 18-karat gold near 17,660,000 tomans a gram. A roughly 4% jump in Brent crude to about $79, d...

9 min read · 13 July

General · Market update

Iran Market Pulse: Monday Morning, 13 July 2026; Hormuz Tension Lifts Oil 4%, but Global Gold Retreats

At dawn on Monday, 22 Tir 1405 (13 July 2026), the usual pattern flipped: Brent crude jumped nearly 4% to about $79 as Strait of Hormuz tensions escalated, while spot gold fell for a second session to around $4,055. At home, the Tehran Stock Exchange closed Sunday down 2.51% (5,055,648), its fifth losing session, while the free-market dollar held n...

11 min read · 13 July

General · Market update

Iran Market Pulse: Sunday Midday, July 12, 2026; Stocks Fell a 5th Day, but Gold and Coins Bounced Back

On Sunday, 21 Tir 1405 (12 July 2026), Iran's markets split two ways: the Tehran Stock Exchange's main index fell 2.51% to 5,055,648 (a 5th straight losing session), while gold and coins rebounded. A gram of 18-karat gold rose 0.93% to 17,638,200 tomans, the Emami coin gained 1.41%, and its premium re-widened to about 4.4 million tomans. The free-m...

9 min read · 12 July

General · Market update

Iran Market Pulse: Sunday Morning, July 12, 2026; Gold and Coin Fell Harder Than the Dollar as Global Gold Held Near $4,100

On Saturday, 20 Tir 1405 (11 July 2026), Iran's domestic gold and coin fell harder than the dollar: a gram of 18-karat gold dropped 2.64% to 17,476,100 tomans, the Emami coin slid 3.11%, and the free-market dollar eased 1.92% back to 178,200 tomans, all while global spot gold held near $4,100. The TEDPIX index also shed 2.01%. A bottom, or more cor...

9 min read · 12 July

General · Market update

Iran Market Pulse: Saturday Midday, July 11, 2026; Tehran Stock Exchange Sheds 2.12% at Week's Reopening

Tehran Stock Exchange's main index (TEDPIX) fell 109,826 points (2.12%) to 5,177,030 by 10:58 AM Tehran time in the week's first trading session, Saturday, July 11, 2026 (20 Tir 1405), the market's first price reaction to two days of Iran-US military escalation over the weekend and the free-market dollar's jump into the 182,000-toman channel. Globa...

11 min read · 11 July

General · Market update

Iran Market Pulse: Saturday Morning, July 11, 2026; Dollar Nears 182,500 Tomans as Hormuz Shipping Stays Halted Since Tuesday

No large vessel has crossed the Strait of Hormuz since Tuesday, and the US has asked Iran to publicly declare the strait open today; Iran's FM heads to Muscat for talks. The free-market dollar holds near 182,000 to 182,500 tomans, Emami coin traded around 182 million tomans with its premium at 5,101,000 tomans, and the Tehran bourse gives its first...

11 min read · 11 July

General · Market update

Iran Market Pulse: Friday Morning, July 10, 2026

After the ceasefire collapsed completely, the US military bombed nearly 90 targets across five Iranian provinces over two straight days, and Iran's health ministry said at least 14 people were killed and 78 wounded; Iran struck US bases in Kuwait, Bahrain, Qatar and Jordan with drones and missiles. The free-market dollar neared the 182,000-toman ma...

11 min read · 10 July

General · Market update

Iran Market Pulse: Thursday Morning, July 9, 2026

Iran's free-market dollar broke through the 180,000-toman channel before dawn on Thursday, July 9, 2026 (18 Tir 1405), reaching 180,195 toman, after Trump declared the US-Iran ceasefire "over" and three tankers were attacked in the Strait of Hormuz. Tehran's TEDPIX fell 24,741 points on Wednesday, global gold slipped, and Brent jumped above $78.

13 min read · 9 July

General · Market update

Iran Market Pulse: Wednesday Morning, July 8, 2026

Wednesday morning, 17 Tir 1405 (July 8, 2026): the US Treasury revoked Iran's dollar oil-sales license overnight, hours after an attack on three tankers in the Strait of Hormuz, and Brent crude climbed to about $76.18 by this morning. Tehran's TEDPIX rose 2.4% on Tuesday to 5,311,527 points, and refiners Shepna and Shabandar reacted to the oil jump...

11 min read · 8 July

General · Market update

Iran Market Pulse: Tuesday Morning, July 7, 2026

Tehran's stock exchange reopened Tuesday, July 7, 2026 (16 Tir 1405), after a three day closure; the index fell about 1% at the open, but by 11am market breadth had improved to 194 advancing symbols against 143 declining. The free market dollar reached 175,700 tomans, 18k gold rose to 17,737,000 tomans, and Bitcoin held near $63,000 after Strategy'...

11 min read · 7 July

General · Market update

Iran Market Pulse: Monday Morning, July 6, 2026

On the final day of the Tehran Stock Exchange's three-day closure for the state funeral, parallel markets kept trading: the free-market dollar hit 175,600 tomans, the Emami coin premium jumped over 24% in a month, and global gold climbed back above $4,170. Trading resumes Tuesday, July 7, after Wednesday's green close (TEDPIX at 5,187,000).

10 min read · 6 July