Noosh Mazandaran and Silva, One Day, Two Different Paths Into Iran's Capital Market: A 16.34 Percent Block Sale on the Tehran Stock Exchange and a Three-Day Silver Fund Subscription (Sunday, August 16, 2026)

Sunday, August 16, Noosh Mazandaran trades at a P/E of 33, against a sector average of 6.48. Today, the Tehran Stock Exchange and the Iran Mercantile Exchange are running two very different offerings. Sixteen point three four percent of Noosh Mazandaran's shares is being offered as a block today. Noosh Mazandaran has traded on the Tehran Stock Exchange for years; today just one block changes hands. Its share price is sixteen thousand ninety rials today, up two point two two percent. Noosh Mazandaran's P/E is more than five times the average for its sector. This is a non controlling management block; the buyer gets a seat, not control of the company. At the same time, Silva, Iran's twelfth silver fund, opens subscription today. Global spot silver trades around sixty four dollars and sixty six cents an ounce today. A silver fund gives retail investors a simpler route than buying and storing physical silver. Silva's subscription runs for three working days, then secondary trading begins. If the auction for Noosh Mazandaran's block is held, the next notice will name the buyer. Watch for the buyer's identity, whether Silva's subscription fills, and its first trading price. Noosh Mazandaran is a block sale, Silva is a genuine first offering; same label, different mechanics. Full story on Sahmino dot com; how far do you think Silva will trade from its net asset value?