Stock market index in Tehran drops by 102,000 points on Tuesday

The Tehran Stock Exchange’s main index, TEDPIX, experienced a significant drop of 102,178 points on Tuesday, reaching a total of 4.021 million. This decrease marked the fourth day of the Iranian calendar week, which raised concerns and discussion within the financial sector. The Tehran Stock Exchange is known as one of the four primary stock exchanges in Iran, with the other three exchanges being the Iran Mercantile Exchange (IME), the Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, Iran Fara Bourse (IFB).

Hojatollah Seyedi, the head of the Securities and Exchange Organization (SEO), expressed optimism regarding investor confidence in the stock market. Plans were outlined to list up to 20 companies through initial public offerings before the end of the current Iranian year, which concludes in late March 2026.

Seyedi highlighted the importance of restoring investor confidence in the markets, as it served as a fundamental step towards deepening the market and enhancing the role of the bourse in financing economic growth under the current government. The Ministry of Economy organized an event at the Tehran Securities Exchange (TSE) to commemorate the beginning of trading activities, with notable attendees including First Vice President Mohammad Reza Aref and Economy Minister Ali Madani-Zadeh.

Participants acknowledged that boosting capital formation was a significant objective over the past year, and essential for ensuring sustainable economic growth. Seyedi emphasized the rapid recovery of the market following a brief downturn, showcasing smaller losses compared to similar markets in Ukraine and Moscow. Through collaborative efforts of the government, central bank, and market participants, stability was restored swiftly.

In terms of future prospects, Seyedi indicated that the market had entered a phase of stabilization and was poised for renewed growth. Positive indicators from six-month corporate earnings reports were received, with an expectation for even better performance in the upcoming nine-month results. Structural reforms were underway to promote fairer and transparent trading conditions, subsequently instilling greater confidence among traders and investors.

Looking ahead, Seyedi stressed the importance of the winter months as the government unveils its budget bill, while companies close their annual accounts. Noteworthy changes included the removal of the minimum trading volume requirement and the introduction of new financial instruments. The preparation for 15 to 20 IPOs by year-end, along with the revision of price controls to preserve corporate profitability, were seen as crucial steps to further support the capital market’s pivotal role in driving economic growth.

Overall, there was a sense of optimism among market participants, buoyed by supportive signals from senior officials. The government’s continued backing was vital in maintaining the capital market’s momentum and reinforcing its position as an engine for economic advancement.