Tehran Stock Exchange Implements Asymmetric Equity Price Fluctuation

Date 09/02/2021

At the recent meeting of the Supreme Council of Exchanges, some decisions were adopted to stabilize the capital market of Iran.

“According to the decision of the Supreme Council members, the range of daily fluctuation in the equity price will be from -2% to +6%. Since the Council's decisions can be implemented after 72 hours, this new range will be applied from Saturday, February 13th, 2021”, announced Dr. Dehghan Dehnavi, the head of Iranian Securities and Exchange Organization (SEO).

The spokesman of the Supreme Council specified that "brokerage firms' credit lines will increase to 60%.”