Corporate Action
Iranian companies are required to payout at least 10% of their net profits each year. The listed companies should hold their AGM until 4 months after the end of each annual year. Any corporate action is reported on www.codal.ir for investors.
Tehran Stock Exchange
The Federation of Euro-Asian Stock Exchanges
After the lifting of the nuclear sanctions (2016), Iran's economy laid in growth path. Oil exports increased. Foreign investors started returning to Iran. The exchange rate fluctuations declined and the inflation rate fell sharply. In sum, Iran's economy experienced a positive growth. With regard to the investment growth (domestic and foreign), the increase in foreign trade and the improvement of Iran's political relations with the rest of the world, we expect that the future outlook of the country to be improved. Even some international entities (such as the World Bank and the International Monetary Fund) have approved the proper outlook of Iran's economy.
Undoubtedly, the existence of a high quality human capital, sufficient foreign investment and the access to cheap energy sources will make Iran as one of the most powerful countries in the region.
Iran's economy laid in growth path. The exchange rate fluctuations declined and the inflation rate fell sharply.
Year in review
About Company
Established: 1967
Address: No 3, West 13th St. Qeisar Aminpour Blvd,Saadatabad,Tehran,Iran
Contact Person: Mohamad Saheb Bayani
Email: [email protected]
Website: tse.ir/en/
- Joined FEAS in 1995 as Founding member -
Mahmoud Goudarzi
Chief Executive Officer
Tehran Stock Exchange (TSE) experienced various achievements and challenges in 2021. The large presence of new investors to the capital market that increased the number of issued trading codes to 60 million made TSE to put the development of its trading and regulatory infrastructures on the agenda more seriously. Therefore, the launch and development of surveillance software, upgrade of trading system and improvement of risk management systems were among TSE’s achievements this year. In order to make the best use of technology, mechanization of listing process of companies, communication with issuers and supervision of members via specialized software systems are counted as TSE’s other accomplishments in 2021.
Also, the significant increase in the number of market participants, which had led to an unprecedented growth of transactions, highlighted the need for launching a data center based on globally accepted standards.
On the other hand, one of the most important challenges TSE faced in this year was the large presence of non-professional investors who directly traded through online platforms and it was the main cause of emotional fluctuations in the market trend. To control such emotional investing, TSE and its regulator SEO (Securities and Exchange Organization) paid more attention to the focus on market making mechanisms to increase liquidity, as well as strengthening the Capital Market Development and Stabilization
Fund to help the stock market in unconventional situations. In this regard, TSE’s rules of market making for equities were revised and amended; besides, the number of market makers and the stocks which have market makers grew significantly in a way that most listed companies on TSE currently have market makers.
All in all, despite the global economic consequences of the pandemic outbreak and the economic sanctions against Iran, as well as the withdrawal of a part of retail investors from the market, the above-mentioned measures did not let TSE’s broad index, although it went through some fluctuations at the end of 2021, decline notably comparing the last year.
We are looking forward to achieve greater efficiency and productivity in the next year by developing technology in both operations and surveillance areas.
The launch of data center
The CEO change
The launch of “SANJESH” Surveillance System
Turning into an intelligent stock exchange
Market Surveillance Dept.
Project of the year
Change of the year
Accomplishment
of the year
Word of the year
Person of the year