TEHRAN - Iran’s stock markets fell in the calendar month to late August amid the continued rise in global gold prices and fears over a repeated military aggression by the Israeli regime.
Figures released by Iran’s Securities & Exchange Organization (SEO) on Sunday showed that the total value of Iran’s stock market had reached 112,000 trillion rials ($112 billion) in the calendar month to August 22, down 10.75% from the month before.
The local stock market in Iran is comprised of four subsidiary markets, namely the Tehran Stock Exchange (TSE), Farabourse, a market for exchange-traded funds, and Iran Energy Exchange (IRENEX).
SEO figures showed that the value of the four markets had declined by just more than 7% in the calendar month to late August compared to the end of the last calendar year in late March.
The data showed that the TSE had fallen by 14.7% month-on-month in August to 78,000 trillion rials, while the fall was nearly 12% compared to March.
However, the August trade in Farabourse, a smaller market for trading securities and other financial instruments, remained almost flat from July at 31,000 trillion rials, while IRENEX reported a slight increase of 0.16% in trade over the same period.
The Iranian stock markets began to experience falls in trade in late June after an Israeli aggression against the country, while a continued rise in gold prices caused many investors to sell their shares.  
That forced the government to use resources from its sovereign wealth fund to help revive trade in the market.
TSE’s main index rose 27,000 points to 2.57 million on Monday with an increase in trade for shares of major metals and car manufacturers.