Exchange & Stocks  

Tehran, Shanghai stock exchanges ink MOU

Tehran Stock Exchange (TSE) signed a memorandum of understanding (MOU) with Shanghai Stock Exchange (SSE) for expansion of mutual cooperation, IRNA reported on Monday.

According to TSE office of public relations, the MOU was signed in Shanghai during the visit of an Iranian delegation to China on the occasion of the 70th anniversary of the founding of the People's Republic of China. 

Based on the MOU, the two sides will be able to exchange information and experience, hold training courses and cooperate in foreign investment areas, design products including various types of funds and securities, develop trading and regulatory infrastructure, upgrade corporate governance structure, and also carry out joint study projects in accordance with the laws of both markets.

Also, after the signing ceremony of the cooperation document, at the invitation of China Government Securities Depository Trust & Clearing Company (CSDC), a meeting was held with the officials of the company, during which they presented a report to the Iranian delegation on the capabilities and mechanisms and announced their readiness for cooperation with the Iranian capital market. 

Located in the city of Shanghai, SSE is one of the two stock exchanges operating independently in China, the other is Shenzhen Stock Exchange. 
Shanghai Stock Exchange is the world's 4th largest stock market after New York, NASDAQ and Japan Exchange Group by market capitalization at $4.5 trillion as of October 2019.

News No: 7281
Date: 2019/11/04 - 21:42
News Source: Tehran Times

NASDAQ  Japan Exchange Group  CSDC  Shanghai stock exchanges  Tehran Stock Exchange 


Leave a Comment:


14 transport projects to be listed for stock market financing

Iranian Transport and Urban Development Ministry plans to offer 14 infrastructure projects to be financed through the country’s stock market, Iran’s Deputy Transport Minister for Resource Planning and Management said.

TSE witnesses 3.5% growth of its main index in a week

TEDPIX, then main index of Tehran Stock Exchange (TSE), gained 39,77 points to 1.017 million during the past Iranian calendar week (ended on Friday), IRNA reported.

Shares of 3 more banks to be offered via ETF

Iranian Finance and Economic Affairs Ministry announced that the shares of three more banks will be offered in the country’s stock exchange via the exchange-traded fund (ETF), ILNA reported on Saturday.

Commodities worth $595m traded at IME in a week

During the past Iranian calendar week (ended on Friday), 530,783 tons of commodities valued at $595 million were traded at Iran Mercantile Exchange (IME).

IME’s weekly worth of trades at $619m

Over 523,000 tons of commodities valued at $619 million were traded at Iran Mercantile Exchange (IME) during the past Iranian calendar week (ended on Friday).

TEDPIX notches record high, hitting one million points

TEDPIX, the main index of Tehran Stock Exchange (TSE), hit the record high of one million points on Saturday (the first day of the Iranian calendar week), ISNA reported.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners