Iran · Country watch
Tehran Stock Plummets, Iran-Kazakhstan Trade MoU
Tehran Stock Exchange sees a significant drop as Iran and Kazakhstan sign a trade MoU, impacting investors and trade relations.
Flare-up watch: Calm (0.5) · How this is judged → · All Iran briefings →
In this briefing Iran Meteorological Organization · Tehran Stock Exchange · Iran · Kazakhstan
Safety & health
Weather Warning for 13 Iranian Provinces
Iran's Meteorological Organization has issued an orange-level warning for intensified rainfall in 13 provinces, Mehr News reports. The weather system is expected to remain active in 21 provinces until Monday, potentially causing disruptions in transportation and daily activities.
Impact Logistics and transportation in 13 provinces may face disruptions due to severe weather conditions.
Sources: Mehr News ↗
Markets
Tehran Stock Exchange Index Drops by 128,000 Points
The Tehran Stock Exchange experienced a significant drop on the first trading day of the week, with the main index falling by over 128,000 points, according to Aftabnews and Hamshahri. This decline pushed the index back to the 7.8 million point range. Concurrently, the value of small trades exceeded 30 trillion tomans, and the number of transactions surpassed one million.
Impact Investors in the Tehran Stock Exchange face increased volatility as the index drops significantly.
Sources: Aftabnews ↗, Hamshahri ↗
Trade
Iran and Kazakhstan Sign Trade Cooperation MoU
Iranian and Kazakh companies have signed a memorandum of understanding to expand trade cooperation, IRNA reports. The agreement aims to enhance bilateral trade relations and facilitate business exchanges between the two countries. The MoU was signed in Sari, marking a step forward in strengthening economic ties.
Impact Trade relations between Iranian and Kazakh companies are set to improve with the new MoU.
Nothing significant reported today in Regulation · Disruption · Internal tension · Companies · Politics.
Also today in the local press
- Iran-Africa trade turnover registers a 66% growth in H1 — Mehr News Economy
- پیشبینی قیمت طلا، دلار و سکه امروز شنبه ۹ آبان ۱۴۰۵/ صعود دلار ادامه دارد؟ — Donya-e-Eqtesad دنیای اقتصاد
- Gas prices in Europe nearly triple in October — Mehr News Economy
- پیش بینی قیمت طلای ۱۸ عیار، سکه و دلار امروز شنبه ۹ آبان | جهش دوباره طلا نزدیک است؟ — Eghtesad Online
- قیمت دلار، طلا و سکه امروز شنبه ۹ آبان ۱۴۰۵ | دلار بازار آزاد امروز چند؟ + جدول — Eghtesad Online
- عقبنشینی بورس از مرز 7.9میلیونی — Donya-e-Eqtesad دنیای اقتصاد
- فرانسه در آستانه موج تازه اعتراضات | دولت از برخورد قاطع خبر داد — Eghtesad Online
- قمیت دلار، سکه و طلا امروز شنبه ۱۴۰۵/۰۸/۰۹ — Aftabnews
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
- Argentina: Argentina's Country Risk Hits 790; Plantium Plant Closure
- Brazil: Chilli Beans Debt Restructuring, Mercosul-UE Boosts Exports
- China: China's PMI Drops, AI Ethics Call, Northeast Trade Surges
- Colombia: Corporate Tax Cut, Security in Cúcuta, Avianca Rule
- Germany: Gen Z Protests Escalate, Berlin Coalition Talks
- Spain: Blocus Leader Arrested, Madrid Secures Stores
- France: High-Risk Protests, Transport Disruptions in France
- United Kingdom: UK Rail Disruption, Labour Enforces Worker Conduct
- Indonesia: Jakarta Air Quality Alert, Flood Risks Rise
- Israel: Luxembourg Bans Settlement Imports, Eisenkot's Coalition Plans
- India: LPG Price Changes, Cyclone Arnab Impact, Trade Growth
- Iraq: Iraq Signs Healthcare and Internet Transit Deals
- Italy: Italy's Budget Cuts Pensions, Nationwide Protests
- Jordan: Fuel Prices Adjusted, Transit Cargo Surges
- Japan: NTT Data Breach, Quad Targets Economic Coercion
- Kenya: Ebola Travel Ban, Heavy Rains Disrupt Nairobi
- South Korea: Won Strengthens, Oil Prices Surge Amid Global Tensions
- Lebanon: Lebanon Power Deal, Beirut Port Developments
- Morocco: Fuel Prices Shift, FDI Surges, Bourse Delays Revision
- Mexico: Pemex Losses Amid Oil Boom, ASF Probes Contracts
- Malaysia: Taiwanese Scam Ring Busted; JS-SEZ Plan in December
- Nigeria: Ebola Suspected in North-East, OPay Suspends NYSE Listing
- Netherlands: Gen Z Protests Escalate, Tax Plan Talks Stalled
- Poland: Constitutional Crisis Deepens, Zloty Faces Pressure
- Portugal: Portugal Health PPPs Expand, Fuel Law Enacted
- Russia: Fuel Export Ban Extended, Penza Airport Reopens
- Senegal: Senegal Budget Rejected Again, Weather Alert Issued
- Syria: Israeli Incursions and Food Poisoning Surge
- Turkey: New Export Supports, Gas Market Rules Updated
- Ukraine: Kyiv Water Restored, Ufa Refinery Hit, Power Cuts Loom
- Vietnam: Fuel Tax Cut, Vingroup's Profit Surge
- Yemen: Yemen Army Targets Houthis; Taiz Civilian Casualties
- South Africa: Kopfontein Border Shut, Ramaphosa Promises Reforms