Bale Is Admitted to the Tehran Stock Exchange as Bank Melli Continues Its Exit From Business Holdings Through the Capital Market
Sahmino Newsroom | 11 November 2026 | 3 days ago
Bank Melli Iran said that Bale, the company behind the Bale messaging platform, has been admitted to the Tehran Stock Exchange. According to Mehr News Agency, citing the bank's public relations office on 11 November 2026, Bank Melli took the step as part of its programme to exit business holdings and has decided to bring Bale into the capital market.
The bank said that once the next stages are completed and the offering begins, interested investors will be able to buy shares in Bale. The announcement does not give the date or size of the offering. Bank Melli described Bale as a prominent player in the country's digital economy that has grown significantly in a short time.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, Tehran Stock Exchange Index fell 0.9 percent, to 8,354,036.
Over the same days, US Dollar rose 1.1 percent, to 2,669,000 rial.
- Tehran Stock Exchange Index
- −0.9%
- US Dollar
- +1.1%
Prices to the close of 14 November
From Sahmino that week
Dividend payment: TRNS
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