Tehran Stock Exchange to Raise Price Fluctuation Level

The market department of Tehran Stock Exchange (TSE) has informed its participants that in order to increase market liquidity, the Securities and Exchange Organization (SEO)’s board of directors has ratified the TSE’s proposal to raise daily price fluctuation of the listed equities, debt and derivatives products to ±5 percent from 23 May 2015. The amount will be ±10 percent for rights. The fluctuation rate is currently ±4 and ±8 percent for equities and rights, respectively.