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Syria-Lebanon-Iran
Iran Stock Market continues its slide
2006-04-21
At the source site there is a chart of the Tehran Stock Exchange (TSEx).

One the problems with looking at this at face value is that the index may be affected by nationalizations and denationalizations of companies. But at face value, things do not look good for the TSEx. In fact it looks like about a 25% drop since the current President took office (appears to have a peak in late 2003 or so of about 14000 and its now down to the low 9000s).
Posted by:mhw

#5  Think a good nuclear bomb would perk things up for them?

I think that's what they think.
Posted by: Ching Slolump8975   2006-04-21 18:30  

#4  Maybe they think the bubble will pop.
Posted by: Nimble Spemble   2006-04-21 18:02  

#3  Utilities are doing especially poor. Wonder what might account for that?

It's a sign investors expect a surge in inflation.
Posted by: phil_b   2006-04-21 17:52  

#2  I can't afford a risky investment like the Persian Stock Market, I'll stick with South American Racehorse Futures.
Posted by: 6   2006-04-21 17:47  

#1  Utilities are doing especially poor. Wonder what might account for that?
Posted by: Besoeker   2006-04-21 16:29  

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