Sunday 25 October 2009

Iran Investment Monthly-Oct09 Turquoise Partners (PDF)

Market Overview 2
In September, the Tehran Stock Exchange (TSE) had a
volatile month. Stocks of most commodity companies and
the Telecommunications Company of Iran (TCI) lost value,
while pharmaceutical and financial stocks rallied. The Iranian
OTC market was officially opened in this month.

Turquoise Iran Equity Investments 4
The Turquoise Iran Equity Investments portfolios did not
change very much in September. Portfolio One NAV lost
0.2% in value while Portfolio Two NAV gained 1.9%. This
section provides data and charts on the performance of the
portfolios.

Country Overview 6
The latest developments on Iran’s nuclear dossier will be
discussed in this section.

Economy 7
Iran’s natural gas industry, the latest inflation data and Iran
joining TRACECA will be covered in this section.

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