SahminoToday's session closed at 12:30 PM. Next session: Saturday Oct 24, 2026 at 9:00 AM
Stocks | Analysis
SIMC (Tabriz Wire and Cable) closed its offering day, 21 October 2026, at 45,864 rials, 81% above its 25,337-rial valuation price. On rebuilt twelve-month earnings of 8,285 rials a share its P/E is about 5.5 against 7.39 for the industry; payables rose nearly fourfold, so will the cash flow repeat next period?
7 min read | 21 October
Stocks | Analysis
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
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
MARK's nine-month profit rose 165%, but gross profit fell 0.7% and net other operating income supplied 68.4% of operating profit. An 89.96 million-euro Chabahar crane contract is the forward case. Sahmino's 17 October buy call targets 3,808 rials, with invalidation at 3,062 rials.
8 min read | 18 October
Stocks | Analysis
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
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
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
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
On Tuesday, October 13, 2026, 2.8 billion shares of Tehran Fakour Sanat Engineering (4 percent of the company) go on offer on Iran Fara Bourse's second market by the combined method. Second-stage buyers, up to 4,200 shares per account, receive a put option struck 35 percent above the discovered price until October 13, 2027: a floor below the 43…
10 min read | 12 October
Stocks | Analysis
Mammut Structures & Panel (ticker Fasap) offers 5 percent of its shares on Monday, October 12, 2026 in a 3,610 to 4,070 rial band; the cap sits 21.4 percent below the valuer's 5,180 rial estimate. Six-month 2026/27 net profit is up 151 percent year on year, but only 34 percent of the full-year sales budget has been booked. Order terms, the cash…
11 min read | 11 October
Stocks | Analysis
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
Historical snapshot prepared on October 6, 2026 using the October 5 close: PETR fell for a fifth session to 72,500 rials. The 84,036 rial target and 72,384 rial invalidation describe the call recorded then. Its current status has not been reassessed in this report.
7 min read | 9 October
Stocks | Analysis
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 (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
AFRZ's spring-quarter net profit grew 329 percent year on year, yet the stock sits about 38 percent below its August 22 peak and closed Monday, October 5 at its lowest since May 25. Sahmino's desk has held a buy call since that session, targeting 10,318 rials with an 8,405-rial stop; the same signal type has hit its target in 71.4 percent of 305…
5 min read | 6 October
Stocks | Analysis
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
Stocks | Analysis
Today, Monday October 5 2026, 7% of Hassananoo Manufacturing (ticker Zeshk, maker of the Zeshk tomato paste brand) is being floated on Tehran's bourse via book building: 351,615,600 shares. Filings show spring-quarter net profit up 230% year on year, but operating cash flow turned negative in the same quarter.
5 min read | 5 October
Stocks | Analysis
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'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
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
Stocks | Analysis
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
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
Tehran's TEDPIX index rose about 616% from mid-September 2019 to mid-August 2020, and 18-karat gold gained about 149% in Iranian year 1403 and about 118% in 1404, per Sahmino's own price archive. Now in 1405, with point-to-point inflation near 89% and the free dollar near 258,500 tomans, the question is which market rallies next, and what…
6 min read | 2 October
Stocks | Analysis
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
Stocks | Analysis
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
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
On October 10, 2012, Tehran Oil Refining (Shatran) listed on Iran Fara Bourse at a discovered price of 7,500 toman a share. About 7 months later, on April 30, 2013, it reopened near 83,000 toman, roughly 11 times the offer price. This report traces that IPO, why the reopening price reset happened, how it differs from a buy call, and the Sahmino…
7 min read | 30 September
Stocks | Analysis
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
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
Taban, Tehran Stock Exchange's largest-ever IPO, closed today, Tuesday September 29, 2026, at 21,780 rials, 21.5% above the 17,920 rial strike of its tradable put "hTaban66." Since its 12,800 rial listing print on August 31, the price return stands at 70.2%, and its September 22 assembly approved a 610 rial dividend; yet its P/E of 24 sits well…
5 min read | 29 September
Stocks | Analysis
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
Stocks | News
On Wednesday, September 30, 2026, 1.35 billion shares of Kimia Polyester Qom (9 percent of 15 billion shares) go on offer on Iran Fara Bourse's second market, three times the Fenoghreh offering. The seller is the major shareholder, so the money does not reach the company. At the 4,310-rial valuation and about 1.72 million codes, each code would…
9 min read | 28 September
Stocks | Analysis
Iran Aluminium (ALIR, Fayra) reported net profit of 74,844 billion rials for the three months to June 21, 2026, 7.7 times the same quarter a year earlier, lifting twelve-month profit to 150 trillion rials. Yet its board P/E at the September 27 close is 6.2, against 13.5 for the basic metals group. Sahmino's calculation shows about half of the…
10 min read | 27 September
Stocks | News
On 29 August 2026 Maroon Petrochemical raised its capital 183%, from 23 to 65 trillion rials, out of retained earnings; after the dividend and bonus adjustments its reference price became 18,950 rials and its value was unchanged. Through 26 September it closed limit-up for 13 straight sessions at 27,730 rials, 46% higher, and its board P/E rose…
9 min read | 26 September
Stocks | News
Fenoghreh, the first silver bullion producer listed in Iran, closed Wednesday, September 23, 2026 with a 361 million share buy queue at its 16,290 rial ceiling: about 5,881 billion rials, more than the 4,745 billion rials the whole retail tranche of its IPO raised. The discovered price was 15,818 rials and about 1.72 million codes bought, so an…
8 min read | 25 September
Stocks | News
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
Stocks | News
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'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
Stocks | News
On Tuesday, September 22, 2026, Zob Garan Rangin Falez (ticker Fenoghreh), Iran's first listed silver-ingot producer, offers 450 million shares (9 percent) on Iran Fara Bourse's second market. The valuation prices each share at 11,827 rials, putting the company at about 59,133 billion rials; the per-code cap in the fixed-price stage is 600 shares…
7 min read | 20 September
General | Market update
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
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…
24 min read | 19 September
Stocks | Analysis
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
General | Market update
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…
28 min read | 16 September
General | Market update
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…
28 min read | 15 September
Stocks | News
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
General | Market update
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…
27 min read | 14 September
Stocks | News
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
General | Market update
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…
22 min read | 13 September
General | Market update
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…
21 min read | 12 September
General | Market update
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…
24 min read | 9 September
General | Market update
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…
21 min read | 8 September
Stocks | News
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
General | Market update
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…
21 min read | 7 September
Stocks | Analysis
The Financial Intermediation First Fund, traded as DARA on the Tehran Stock Exchange, closed at 552,923 rials per unit on Sunday, September 6, 2026 (15 Shahrivar 1405), down 1.35%, while TEDPIX rose 1.85% to a record 6,723,576 points. Its redemption value was published the same day at 829,476 rials, leaving the board price 276,553 rials, or 33.3%…
9 min read | 6 September
General | Market update
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…
22 min read | 6 September
Stocks | Analysis
Shavan (Lavan Oil Refining) on Iran Fara Bourse has risen 77.6 percent over 22 straight higher closes, from August 1 to today, Saturday, September 5, 2026, reaching a one-year high. Yet the company quarterly statement for the period ended June 21, 2026 shows net profit per share down 90 percent from a year earlier. The rally has been driven mainly…
7 min read | 5 September
General | Market update
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…
15 min read | 5 September
Stocks | News
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
Stocks | News
TEDPIX, which had climbed without a single losing session from August 3 to a record 6,583,932 points yesterday, fell 1.21% (about 80,000 points) today, Wednesday, September 2, 2026, to close at 6,503,970, alongside 5.7 trillion tomans of retail outflows.
7 min read | 2 September
General | Market update
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…
15 min read | 1 September
Stocks | News
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
General | Market update
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…
13 min read | 31 August
General | Market update
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…
13 min read | 30 August
Stocks | Analysis
Tehran's TEDPIX (main stock index) rose 2.03% (up 129,581 points) on Saturday, August 29, 2026, to a record 6,516,000 points, its sixth straight gaining session, up nearly 7.5% since August 22. Trading value hit about 41.8 trillion tomans and 224 stocks gained more than 2%, as the dollar and gold pulled back this week.
7 min read | 30 August
Stocks | Analysis
Rail Pardaz Novafarin's stake in 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
General | Market update
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…
11 min read | 29 August
General | Market update
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…
15 min read | 28 August
General | Market update
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…
15 min read | 28 August
General | Market update
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…
14 min read | 27 August
Stocks | News
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
General | Market update
Today, Wednesday, Shahrivar 4, 1405 (August 26, 2026), TEDPIX rose 2.52% (156,870 points) by 10:59 am to a record 6,380,749 points; dozens of large stocks, including Bank Tejarat, National Iranian Copper, Isfahan Oil Refining and Persian Gulf Petrochemical, stayed in buy queues. Bitcoin slipped from yesterday's $81,131 peak, its highest since…
11 min read | 26 August
Stocks | News
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
Stocks | News
Tehran Stock Exchange hosted an introductory session on Monday, August 24, 2026 for the IPO of "Taban" (Taban Farda Petrochemical Group). Its NAV was put at 960 trillion tomans and the valuation report's estimated share price at 16,073 rials; net profit for 2026/27 is forecast at about 24.8 trillion tomans. The major shareholder claimed a 40%…
8 min read | 25 August
General | Market update
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…
14 min read | 25 August
Stocks | Analysis
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
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
General | Market update
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…
13 min read | 24 August
Stocks | News
TEDPIX climbed as high as 6,154,000 points in the opening minutes of trading on Sunday, August 23, 2026 (1 Shahrivar 1405), crossing 6.1 million for the first time, but rising selling took back most of the gain and it closed up just 0.14 percent at 6,069,888 points, its 12th straight record close. Per Donya-e-Eqtesad, 2.1 trillion tomans had…
7 min read | 23 August
General | Market update
Eighteen-karat gold in Tehran hit 21,469,200 tomans today, Sunday, 1 Shahrivar 1405 (August 23, 2026), a second straight record, up about 4.7 percent from Saturday. TEDPIX reached 6,099,092 points in trading today, Tether's toman price jumped nearly 1.3 percent, and markets await tomorrow's US sanctions package.
16 min read | 23 August
Stocks | Analysis
In the first edition of its Weekly Watchlist series, Sahmino examined four Tehran Stock Exchange names for the week ahead: Vabmellat, Mobarakeh Steel, Shepna and Ikco. All four closed higher on Saturday, August 22, 2026, and three closed locked in buy queues, but their P/E ratios and profit trends differ sharply, from Vabmellat's P/E of 2.99…
10 min read | 23 August
General | Market update
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…
12 min read | 22 August
Stocks | Analysis
Screening Sahmino's own trading, money-flow and fundamentals data through Friday, August 21, 2026 (30 Mordad 1405), four Tehran Stock Exchange sectors, oil refining, basic metals, banks and automotive, show the most momentum for the coming trading week. Brent stood at $93.70 at 18:17 today; Tehran's free-market dollar closed Thursday evening at…
10 min read | 21 August
General | Market update
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 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…
13 min read | 20 August
Stocks | Analysis
The registered capital of Iran's 10 largest Tehran Stock Exchange brokerages totals 5,735.1 billion tomans. Mofid leads with 1,000 billion tomans, followed by Pasargad Bank Brokerage (950) and Bank Mellat Brokerage (721.1). The gap from first to tenth place is 630 billion tomans, a 2.7x ratio, but registered capital alone does not measure a…
6 min read | 19 August
Stocks | Analysis
On Wednesday, August 19, 2026, with Brent above $91 and world gold at a fresh record of $4,355, the UAE suspended all trade and financial ties with Iran. Howard Marks' advice for days like this is clear: you cannot predict a war, but you can prepare for what it does to Tehran's bourse. This Sahmino report maps the channels and three scenarios…
11 min read | 19 August
General | Market update
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…
11 min read | 18 August
Stocks | Analysis
Ako Battery Iranian, the 11th new company to join the Tehran Stock Exchange in the Iranian year 1405, goes public Wednesday, August 19, 2026 (28 Mordad 1405), offering 4 percent of its shares (400.8 million shares) in a price range of 29,206 to 32,934 rials. Each trading code's allotment is 1,500 shares, and the offering's underwriter, Tamdon…
8 min read | 17 August
General | Market update
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
Stocks | News
On Sunday, August 16, 2026 (25 Mordad 1405), the Tehran Stock Exchange is offering a 16.34 percent non-controlling management block of Noosh Mazandaran (symbol Ghanoosh, "NOSH"), a stock trading at a P/E of 33 against a 6.48 sector average. At the same time, the Iran Mercantile Exchange opens a three-day subscription for Silva, Iran's 12th…
8 min read | 16 August
General | Market update
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…
14 min read | 16 August
General | Market update
Saturday, August 15, 2026 (24 Mordad 1405): Reuters, citing an energy shipping data service 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…
11 min read | 15 August
Stocks | Analysis
A recent BBC Persian report cited roughly 52% growth in Tehran's TEDPIX index since the war began and called the bourse Iran's "best-performing market" against inflation, the dollar and gold. But TEDPIX closed Tuesday, August 11, 2026 at 5,736,485 points while Iran's Statistical Center's latest annual inflation reading (Tir 1405) is 66%, with…
8 min read | 14 August
General | Market update
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…
9 min read | 14 August
Stocks | Analysis
Vabmellat's price to earnings (P/E) ratio stood at 2.84 on Friday, August 14, 2026, nearly 43 percent below the 4.95 average for Tehran's banking and credit institution sector; Bank Mellat's net profit alone, in the first half of fiscal 1404, equaled nearly 18 percent of its market capitalization today. This report traces how customer deposits…
7 min read | 14 August
General | Market update
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…
14 min read | 13 August
Stocks | Analysis
Iran Fara Bourse will sell a 65.05 percent controlling stake in Movalled Niroogahi Tejarat Fars (symbol Bemovalled) on Saturday, August 15, 2026. Under Farabourse's official notice from August 2, the base price equals the stock's closing price plus 150 percent, meaning the buyer must pay at least 2.5 times the board. Bemovalled, which is in a…
6 min read | 12 August
General | Market update
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…
13 min read | 12 August
Stocks | Educational
A Sahmino reader asked what to buy for a roughly 500 million toman, six-month stock portfolio next week, or whether to wait for a correction in Mehr (late September). Tehran's TEDPIX hit 5,736,512 points on Tuesday, August 11, 2026 (20 Mordad 1405), up about 11.3 percent over seven sessions. This report explains a screening framework instead…
7 min read | 11 August
Stocks | News
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