Tuesday, May 10, 2011

TSE Index UP

Tehran Stock Exchange index today rose by 1.5%, finishing at 25,752. TSE had seen its index declining by 3.5% in the past few days. The participation of the intelligence minister in the cabinet meeting chaired by President Ahmadinejad and the end to the recent decline in oil prices are thought to have calmed the recent anxieties in the market.

File Photo: The TSE. Donya-e Eqtesad

6 comments:

Anonymous said...

The recent reduction in oil prices calmed the stock exchange of Iran?

Do you know what you're talking about?

Nader Uskowi said...

The Brent index went up today!

Anonymous said...

Oh man i think i need to get glasses, i completely miss-read your post.

Didn't see the "end to" bit. My bad.

Anonymous said...

I seriously recommend not following the day to day manic depressive moods of stock markets. It's not really interesting.

Clements said...

Dear Mr.Uskowi you should have a look at this article

http://www.reuters.com/article/2011/05/10/us-usa-iran-india-idUSTRE7496ZX20110510

Nader Uskowi said...

Anon 6:27 AM,

The issues facing India in paying for Iran crude imports are serious and real. We have run several posts on the subject, the latest on May 3rd. Please visit those posts and send us your take on the subject. You can email us your inputs if you so choose and we will publish it under your name or as an anonymous guest blogger.