Financial Tribune - The government is to launch the first exchange-traded fund to offer its remaining shares in banks and financial institutions, as part of a comprehensive plan to downsize and reduce its role in the economy. According to Alireza Saleh, head of the Iranian Privatization Organization, the first ETF, which comprises government shares ...

Financial Tribune - More than 599.9 billion shares worth 2,027 trillion rials ($18.1 billion) were traded in 51.42 million deals in the Tehran Stock Exchange during 140 trading sessions in the first seven months of the current fiscal year (started in March). The main index of TSE TEDPIX soared 127,149 points, or 71%, during this period to reach ...