THE BORE
General => The Superdeep Borehole => Topic started by: Samson Manhug on February 06, 2016, 02:42:05 PM
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Straight from official™ Iranian news:
Tehran Stock Exchange sets new record
Tehran, Feb 6, IRNA - Tehran Stock Exchange (TSE) main index, TEPIX, registered a new record on Saturday.
Tehran Stock Exchange sets new record
The TSE's ongoing surge continued on Saturday as the TEPIX jumped 406 units , standing at 74,090 in the early morning hours.
In the wake of the imminent implementation of a recent nuclear deal between Tehran and world powers (known as the JCPOA), Iran’s main share index increased by 1344 units on Jan 16, 2016, setting a new record after 18 months of depression.
The recent gains in the Tehran Stock Exchange come against the backdrop of the upcoming announcement of JCPOA implementation, after which all nuclear-related anti-Iran sanctions will be terminated.
TSE opened in February 1967. During its first year of activity, only six companies were listed in TSE. Then Government bonds and certain State-baked certificate were traded in the market.
The Tehran Stock Exchange has come a long way. It has evolved into an exciting and growing marketplace where individual and institutional investor trade securities of over 420 companies.
TSE, which is a founding member of the Federation of Euro-Asian Stock Exchanges, is seen as one of the world's best performing stock exchanges in the years 2002 through 2013.
9060**1312
http://www.irna.ir/en/News/81951092/
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Definitely rooting for Iran's economy to do well, not just for the sake of its citizens. Diplomacy should be a lot easier if the Iranian doves can point to tangible benefits from cutting a deal with America.
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What a reasonable and level-headed comment. This thread has failed.
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Samson's 100 reply plan? Failed. Mandark wins again.
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Tweeting this to Donald Trump so he proposes bombing the Tehran Stock Exchange.
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Yeah the stock market isn't the greatest representation of their overall economy but this does show that they're generally happier. As their oil exports go up and SA eventually caps production to raise prices, the money will start rolling in.
Really sucks for all the buyers of CUV/trucks in America last year though.
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Can't wait for Jennifer Rubin's #hottake on this :doge
The deal greatly benefits Iran, it's in their best interest to adhere to their end.