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Reading: Iran News: Flight of Capital Intensifies as Iranian Shareholders Fear War
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Econo Asia™ > Blog > News > Markets > Tehran Stock Exchange (TSE) > Iran News: Flight of Capital Intensifies as Iranian Shareholders Fear War
Tehran Stock Exchange (TSE)

Iran News: Flight of Capital Intensifies as Iranian Shareholders Fear War

NEWSROOM
Last updated: April 23, 2024 4:41 pm
By NEWSROOM
1 Min Read
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iran-stock-exchange-fiasco (1)iran-stock-exchange-fiasco (1)

Amid escalating tensions and the looming specter of conflict in the Middle East, Iranian investors are increasingly fleeing the country’s stock market, exacerbating concerns over the economy. According to the government-affiliated newspaper Etemad Online, nearly 1,800 billion tomans (approximately $275.5 billion with current market rates) were withdrawn from the capital market on April 14, marking a staggering 373% increase compared to the previous day. Simultaneously, approximately 994 billion tomans were withdrawn from fixed-income funds.

The newspaper noted a significant…



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Iran’s TEDPIX surges 11,000 points on Monday’s session end
TEDPIX falls 4,200 points on Tuesday
TEDPIX gains over 1,000 points on Saturday
TEDPIX falls over 32,000 points on Monday
Iran’s TEDPIX increases over 7,000 points on Monday’s session end
TAGGED:Iran economy
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United States Rice Market Size to USD 7.69 Billion by 2030 at 2.6% CAGR – Says, Mordor Intelligence
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