Iran’s
Minister of Economy and Finance Ali Tayebnia today convened an emergency
meeting in Tehran of the CEOs of the country’s major banks to assess the liquidity
of Tehran Stock Exchange (TSE) and urged them to inject cash into troubled
stock exchange market, Tasnim News Agency reported on Monday. (Tasnim/Press TV,
11 May)
The main
index of TSE has been on a downward spiral lately because of low liquidity
compounded by the oil slump. Tasnim reported that a number of institutional
shareholders also blame TSE management policies for the recent losses. The news
agency did not elaborate on specific management policies under question.
File photo: Tehran Stock Exchange (TSE) in a january 2011 photo during the height of its activities (IRNA/Press TV)
File photo: Tehran Stock Exchange (TSE) in a january 2011 photo during the height of its activities (IRNA/Press TV)
4 comments:
another facade of the Potemkin Village erected by the theocratic dictatorship crumbles.
What a surprise,it's not as rosy as they painted it?
It's actually a good time to buy TSE. Think about it, for a few thousand dollars USD spent on a well balanced portfolio, I am predicting targets of high 300% returns, should a nuclear deal is reached. This is probably once in a life time opportunity.
-CPA
did you go big on deutschmarks and Krupps stock in 1941?
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