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Stocks | Analysis

Simkat IPO on 21 October: Nine-Month Profit Up 184%, but Payables Nearly Quadrupled

Simkat's valuation price is 25,337 rials a share, not the final auction price. The amended nine-month filing to 22 September 2026 (31 Shahrivar 1405) shows net profit of 490 billion tomans and operating cash flow of 541 billion tomans, while trade payables are almost four times their level at the end of the last fiscal year.

8 min read | 20 October

Stocks | Analysis

Barez's radial tyres became 21% pricier on 19 October, but the company says costs are up more than 55%, and BARZ did not trade today (Monday 19 October 2026)

From 19 October 2026 Barez Industrial Group (BARZ) raised the price of a radial tyre from 4,633,140 to 5,606,099 rials, yet its own disclosure puts input costs up more than 55%. At September volumes the hike adds about 3,686 billion rials of revenue a month. Sahmino's 18 October buy call targets about 9,330 rials with invalidation near 8,010 rials.

8 min read | 19 October

Stocks | Analysis

RPAZ Trades at 9.9 Times Annualised Spring Profit, Versus 22.4 for TORZ; Sahmino Has a Buy Call on RPAZ (Saturday, October 17, 2026)

Using audited 2025-26 earnings, RPAZ trades at 4.3 times profit and TORZ at 5.0. Spring 2026 profit then rose 45% at RPAZ and fell 66% at TORZ. Annualising that quarter yields multiples of 9.9 and 22.4. Sahmino's October 13 signal targets 3,314 rials with invalidation at 2,971, but RPAZ's October 17 sell queue must first clear.

8 min read | 18 October

Stocks | Analysis

CHRZ's Six-Month Sugar Sales More Than Doubled, but the Share Closed Lower Five Sessions Running; Sahmino's Buy Call Is Invalidated Below 5,670 Rials (Friday, October 16, 2026)

Chaharmahal Food & Sugar (CHRZ) reported first-half beet-sugar sales of 19.9 trillion rials versus 9.4 trillion rials a year earlier. Most growth came from price, while the share closed lower for five sessions through October 14. The exchange P/E was 8.75 against the sugar sector's 10.27. Sahmino's call has a 6,830-rial target and a 5,670-rial…

10 min read | 16 October

Stocks | Analysis

PGOP: Spring profit rose 4.9-fold as capital doubled; Sahmino's buy call targets 2,101 rials (Wednesday, October 14, 2026)

Persian Gulf Investment Bank (PGOP) reported 4,406,686 million rials of net profit for the quarter to June 21, 2026, about 4.9 times the year-earlier quarter. Its 5.86 trailing P/E already reflects the doubled share count, but the capital increase requires cash and retail investors sold in two sessions. Sahmino's October 13 call targets 2,101…

8 min read | 14 October

Stocks | Analysis

P/E of 5.8 Against 17 for the Sector: After a 7.9-Fold Quarterly Profit, FSAZ's September Domestic Sales Ran 2.4 Times the Prior Five-Month Average (Tuesday, October 13, 2026)

FSAZ (Ghaltak Sazan Sepahan) lifted first-quarter 1405 net profit from 91 to 715 billion tomans, yet at the 14,970-rial close on October 13 its P/E is 5.8 against about 17 for basic metals. The monthly report shows 38% of six-month sales were exports and September had almost none; domestic sales made up the gap. An open Sahmino signal carries a…

7 min read | 13 October

Stocks | Analysis

AHRM's 18% Gap to NAV Survived a 17.6% Price Rally; Eight Leveraged Funds Trade 10 to 19% Below NAV (Sunday 11 October 2026)

The leveraged fund AHRM traded roughly 18 to 20 percent below its net asset value on 11 October 2026, a gap that has barely moved even though the unit price rose 17.6 percent between 27 September and 10 October. The manager of Narenj Ahram blames a tight daily price band, halted unit issuance and weak market making. This report builds an entry…

9 min read | 11 October

Stocks | Analysis

Before Vasobhan Reopens: the 669-Rial Dividend Belongs to Assembly-Day Holders and the Theoretical Price Drops to 3,381 Rials (Thursday, October 8, 2026)

Vasobhan's assembly approved a 669-rial cash dividend on October 7, 2026. That payout, 16.5% of the 4,050-rial close, goes to assembly-day holders, and the theoretical reopening price is 3,381 rials; on 956 rials of earnings per share the P/E falls from 4.2 to 3.5. But 68.7% of revenue comes from selling investments.

8 min read | 8 October

Stocks | Analysis

MAPNA Group Is Up an Adjusted 177 Percent in a Year and Still Its Sector's Cheapest Stock; Its P/E Sits at 4.83 (Wednesday, October 7, 2026)

MAPNA Group (MAPN) has risen an adjusted 176.73 percent over the past year (its October 7, 2025 close of 13,660 rials equals 4,343.57 after two cash dividends and a 200 percent capital increase) and trades near 11,870 rials today, yet its P/E is still only 4.83, the lowest of seven technical-engineering tickers in Tehran. Its trailing twelve-month…

8 min read | 7 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…

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 an independent price tracker 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…

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 (Shekimia on Iran Fara Bourse) 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%…

8 min read | 4 October

Stocks | Analysis

Simorgh Raised Bulk Egg Prices 12.5% and Tripled Six-Month Profit; Sahmino 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.…

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…

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…

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 posting its highest close in 52 weeks, 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 Sahmino's MACD Signal Targets 10,012 Rials (Saturday, October 3, 2026)

Kharazmi 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…

6 min read | 3 October

Stocks | Analysis

IGCZ Raised Its Capsule Shell Price 79 Percent and Grew First Half Sales 68 Percent; Another 25 Percent Hike Took Effect on September 23

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…

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 Wednesday to its highest close in a year, 22,960 rials, just 0.12% above its NAV. Lotus Gold (LOTF) also hit a one-year high but traded 0.50% below NAV. On Thursday, 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 BMPS) 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…

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: SEPA) 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…

5 min read | 1 October

Stocks | Analysis

Daroupakhsh Grew Quarterly Profit 402% and Six-Month Sales 244%; Sahmino 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 posted its highest close in 52 weeks, 9,350 rials, yesterday and trades at 9,630 rials today, yet its trailing P/E is still just 11.5x. Sahmino holds a buy call with a…

6 min read | 30 September

Stocks | Analysis

Kaperspolis raises product prices 15%, disclosure upgraded to Tier A; Sahmino 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 desk issued a same-session buy call targeting 9,520 rials with an 8,320 rial stop over a 15-session horizon, while the…

6 min read | 30 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…

6 min read | 29 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…

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…

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…

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…

6 min read | 21 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…

10 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…

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…

8 min read | 16 September

Stocks | News

Mobarakeh Steel closed at its highest adjusted level 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 adjusted 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…

10 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…

9 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…

8 min read | 12 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…

8 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.…

10 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…

8 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

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

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…

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 a roughly 2.6 to 3 percent jump in 18 karat gold and the global gold ounce. Sahmino's own data (16:59) and an independent live bubble gauge (20:05) both…

7 min read | 3 September

Stocks | News

Kian Financial Group's Stock Is Up an Adjusted 465% in a Year, Hit an Adjusted 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 its adjusted price of 1,435 rials a year earlier, on September 3, 2025. Two days earlier, on Saturday, August 29, the stock hit an adjusted 12-month record of 8,280 rials, one week after shareholders approved a 180% capital…

8 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…

8 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…

6 min read | 29 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, a cryptocurrency news and price service and an economic data service. 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…

7 min read | 27 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…

7 min read | 26 August

Stocks | News

Bank Tejarat Hits 21st Straight Rising Session and a 795-Billion-Toman Buy Queue, Still Trading 27% Below Book Value (Tuesday, August 25, 2026)

Bank Tejarat (BTEJ) 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

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…

7 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, 439.7% above its 2,594 rial low of September 24, 2025. Unlike DJBR and Razak, which showed the same pattern recently, Sahmino found no price moving material…

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 closing 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…

6 min read | 24 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. An independent 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…

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

Stocks | News

Razak Pharmaceutical (DRZK) Has Risen About 176% on an Adjusted Basis 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 an adjusted 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…

7 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

Gold | News

Global Gold Jumps Nearly 4% to a Two-and-a-Half-Month High; Tehran's Coin and Free-Market Dollar Rise Together (Wednesday, August 19, 2026)

On Wednesday, August 19, 2026 (28 Mordad 1405), global spot gold jumped nearly 4% to $4,511.04 an ounce, its highest since early June, according to an economic data service and an independent price tracker. The main driver was a US Treasury move to boost long-bond buybacks; regional tension, including the UAE's suspension of ties with Iran…

6 min read | 19 August

Commodity | News

Persian Gulf-to-Asia Supertanker Rates Hit $510,000 a Day, Highest Since Late June, Right as the Iran-US 60-Day Ceasefire Lapses (Tuesday, August 18, 2026)

Daily charter rates for very large crude carriers (VLCCs) on the Persian Gulf-to-Asia route jumped to as high as $510,000 a day this week, the highest since late June. Per Bloomberg, one VLCC was chartered this week for $31 million to haul crude from the Gulf to East Asia, while only about 25 of the world's 486 VLCCs are willing to load in the…

8 min read | 18 August

Currency | Analysis

US Producer Inflation Cooled to 4.7% in July, Down From 5.5% in June, But the 10-Year Treasury Yield Stayed High (Sunday, August 16, 2026)

US producer prices (PPI) rose 4.7% year over year in July, down from 5.5% in June and softer than economists expected; a day earlier, consumer inflation had already come in calmer than feared. Yet the 10-year Treasury yield stayed elevated through Friday, August 14, a gap that keeps the path of the dollar and global gold, and from there Tehran's…

7 min read | 16 August

Crypto | News

Trump to Host Coinbase, Ripple and Kraken CEOs at the White House on Wednesday, August 19; CFTC's New Crypto Innovation Committee Holds Its First Meeting the Next Day

President Trump is expected to meet the CEOs of Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kraken at the Eisenhower Executive Office Building next to the White House on Wednesday, August 19, 2026, according to CoinDesk and Bitcoin.com News; the SEC and CFTC chairs are also on the guest list. The meeting precedes the CFTC's new crypto…

7 min read | 15 August

Cars | News

Iran to Roll Out a 400 Million Toman Loan for Replacing Worn-Out Cars Next Week; Gap to the Cheapest New Car Still Tops 500 Million Tomans (Friday, 23 Mordad 1405)

Farshad Moghimi, deputy industry minister and head of Iran's IDRO, said Friday, 23 Mordad 1405 (August 14, 2026) that a revised bylaw on replacing worn-out ("frasudeh") cars takes effect next week, offering up to 400 million tomans in bank financing per vehicle. That sum, plus up to 180 million tomans in scrappage certificates, still falls more…

7 min read | 14 August

Housing | Analysis

Iran's Rent Inflation Hit a Cooling Point in Tir 1405, But Real Tehran Leases Jumped Up to 100% the Same Season (Friday, August 14, 2026)

Iran's Statistical Center says rent posted the slowest point-to-point inflation, 31.7%, of any major household spending category in Tir 1405 (roughly June 22 to July 22, 2026), against 87.9% headline inflation. But a Majlis Research Center review reported by Khabaronline on August 8 found real Tehran leases signed this moving season jumped 70 to…

6 min read | 14 August

Materials | Analysis

Tehran Cement Bag Price Holds at 291,000 Tomans for a Week; Mordad's Surge Has Stopped (Thursday, August 13, 2026)

Tehran's 50kg cement bag price, which jumped from 218,000 to 291,000 tomans between August 2 and 7, 2026, has held at 291,000 through August 13. Iran's Statistics Center says Tehran's construction input price index grew 20.7 percent quarter-on-quarter in spring 1405, nearly half the prior quarter's 36 percent, even as annual growth reached 80…

7 min read | 13 August

Commodity | Analysis

UAE Oil Output Hit a Record 4.1 Million Barrels a Day in June; ADNOC Has Sold Over 90 Million Barrels by Routing Around Hormuz (Wednesday, August 12, 2026)

Citing International Energy Agency estimates, Oilprice.com reports UAE crude output jumped from 3.3 million barrels a day in May to a record 4.1 million bpd in June. Since June, ADNOC has sold more than 90 million barrels via eight spot tenders that route around the Strait of Hormuz, even as Bank of America says only 5 to 10 ships a day now…

6 min read | 12 August

Currency | News

Turkish Lira Hits Fresh Record Low of 47.76 Against the Dollar on Wednesday; Turkey's Central Bank Releases Its Quarterly Inflation Report Tomorrow

The Turkish lira touched a fresh all-time low against the US dollar on Wednesday evening, August 12, 2026, crossing 47.75, even as annual inflation eased for a fourth straight month. The Central Bank of the Republic of Turkey (TCMB) releases its quarterly Inflation Report tomorrow, Thursday, August 13, a release that has historically moved the…

5 min read | 12 August

Stocks | News

Ehya Locks Limit Up for a Second Session; New Fara Bourse Listing Trades 36 Percent Above Its IPO Price (Tuesday, 20 Mordad 1405)

Ehya (FLBZ), the newest Fara Bourse listing, rose 2.98 percent to its price ceiling of 3,520 rials on Tuesday, 20 Mordad 1405 (August 11, 2026) and stayed locked in a buy queue, meaning the stock is now about 36 percent above its 2,582 rial IPO discovery price after just two sessions. Only 4 percent of the sponge iron producer's shares are…

7 min read | 11 August

Commodity | News

Brent Crude Jumps Nearly 5% in a Day to Top $87 as Iran Ties Hormuz Reopening to Six Conditions and Houthis Claim Drone Strike on Saudi Jazan Refinery (Monday, August 10, 2026)

By Monday evening, August 10, 2026 (19 Mordad 1405), Brent crude had jumped nearly 5% to top $87 a barrel. Sahmino's own feed put it at $87.25 at 20:37 Tehran time, in line with an independent price tracker ($87.48) and Oilprice.com ($87.37). The trigger: Iran's Supreme National Security Council tied any Hormuz reopening to six conditions, while…

7 min read | 10 August

Coin | News

Iran's Emami Coin and Melted-Gold Premiums Turn Negative on Monday, August 10, 2026; Quarter-Coin Premium Still Around 10 Percent

At midday Monday, August 10, 2026, Iran's Emami coin and melted-gold premiums fell below zero for a second straight session. According to an independent price tracker, at 12:35 Tehran time the Emami coin traded 1.43% and melted gold 3.67% below intrinsic value. A day earlier Ecoiran reported the half-coin premium briefly went negative for the…

8 min read | 10 August

Cars | Analysis

Tehran's Dollar Slipped to the 186,000 Toman Channel on Sunday; Iran's Car Market Did Not Follow, and Some Models Got Pricier (18 Mordad 1405)

On Sunday, 18 Mordad 1405 (August 9, 2026), Iran's free-market dollar slipped to around 186,000 tomans in Tehran, its lowest level in weeks and well off its Tir-month (June/July) record. Iran's car market did not track the move: the Tara Automatic V4 and the manual Peugeot 207 both got pricier the same day, even as most assembled and imported…

6 min read | 9 August

Housing | News

Tehran Rents Jump 70 to 100 Percent This Moving Season; Parliament Research Center Lists 4 Fundamental Flaws in the Rent Cap Law (Saturday, August 8, 2026)

Tehran rents have risen 70 to 100 percent this moving season despite a legal rent cap, automatic lease renewal and housing deposit loans. A fresh Parliament Research Center review of Article 7 of Iran's 2024 land, housing and rent market law says the cap has no renewal mandate behind it and covers only 98 of the country's 933 cities (Khabar…

7 min read | 8 August

Materials | Analysis

Tehran Cement Jumped 33.5% in Two Weeks, Passing Its Early-Summer Level; the Bag-to-Bulk Premium Nearly Doubled at Most Makers (Friday, August 7, 2026)

Tehran's 50 kilogram cement bag rose from about 218,000 tomans on July 24, 2026 to 291,000 tomans on August 7, a jump of about 33.5% in two weeks that puts it roughly 15% above its late-June level. Saveh cement rose just 4% and Abyek about 12% over the same span. At the same time the bag-to-bulk premium roughly doubled at most makers.

7 min read | 7 August

Crypto | Analysis

Bitcoin Stalls Near $64,500; Friday's US Jobs Report Set to Decide the Next Move

Bitcoin traded near $64,469 on the evening of Thursday, August 6, 2026, after two days of failed attempts to clear $65,000. The market is watching Friday's US jobs report, which could shift the odds of a September Fed rate hike and decide Bitcoin's next move. Iran's domestic Tether rate is trading at a similarly elevated level.

7 min read | 6 August

Iron & steel | Analysis

Mobarakeh Steel Made Close to 100,300 Billion Tomans, Yet Kept Shareholders' Dividend Capped Over War Damage (AGM, Sunday, 2 August 2026)

Mobarakeh Steel's 2 August 2026 AGM, for a year in which parent-company net profit reached about 100,300 billion tomans, kept the cash dividend to shareholders capped. Management tied the decision directly to damage from enemy attacks, saying a larger payout would normally have been made. The Foolad symbol has also been halted for most sessions…

8 min read | 6 August

Commodity | News

Six Saudi Tankers Take the 56 Day Route Around Africa; Cost Per Voyage Rises by 2 to 2.5 Million Dollars (Monday, 3 August 2026)

Maritime intelligence firm Windward reported on Monday, 3 August 2026 that a Saudi tanker sailing via the Cape of Good Hope will take 56 days, against 24 days through Bab el-Mandeb; cost per voyage is up by 2 to 2.5 million dollars and at least six tankers have rerouted. The same day Brent fell 5.34 percent to 83.47 dollars. The paper market…

8 min read | 3 August

Cars | News

861,285 Applicants for 53,900 Cars: Odds in Iran Khodro's Ordinary Lottery Scheme Fall to 2.22 Percent (Monday, 3 August 2026)

In Iran Khodro's fourteenth sales round, whose lottery was drawn on Saturday 10 Mordad 1405 (1 August 2026), 861,285 people registered for 53,900 vehicles. In the ordinary scheme, 729,101 applicants competed for 16,170 units, a win rate of 2.22 percent, or one person in 45. But the prize has shrunk too: the gap between market and factory price…

10 min read | 3 August

Coin | Analysis

Iran's Quarter Coin Premium Hits 7,391,000 Tomans; Four Quarter Coins Cost 23 Million Tomans More Than One Emami Coin of the Same Gold Weight (Sunday, 2 August 2026)

On Sunday, 2 August 2026 (11 Mordad 1405), the premium on Iran's quarter gold coin reached 7,391,000 tomans, more than double the 3,522,000 toman premium on the full Emami coin, even though the quarter coin holds one fourth of the gold. As a share of price, the premium is about 14 percent on the quarter coin and under 2 percent on the Emami.…

7 min read | 2 August

Housing | News

Iran raises the National Housing Movement loan ceiling from 650 to 850 million tomans; a parliamentary committee says it still falls short (Sunday, 2 August 2026)

Iran's Central Bank High Council raised the National Housing Movement individual loan ceiling from 6.5 to 8.5 billion rials, that is from 650 to 850 million tomans. The increase covers only supported projects whose land the Roads and Urban Development Ministry supplies, and was extended to projects more than 65 percent complete. On Sunday, 2…

11 min read | 2 August

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