Business Continuity amid Pandemic: Tehran Stock Exchange

Tuesday, 21 April 2020

As our foremost priority, TSE considers people’s health and safety with the greatest prominence, and incessantly make the regular temperature and oxygen-level checking on the staff and few visitors to the building on every working day after the announcement of the pandemic. The sanitary precautions are followed on every incoming parcels, as well as food and beverage packs on a regular basis. The sensitive people, like pregnant women and those with symptoms are working from home, and the staff returning from trips are sent to be tested before rejoining the Exchange. The meetings, events and visits have been canceled or are held with the least physical attendance. The listed companies’ AGMs are asked to be postponed for three months by Iranian Association of Certified Public Accountants, and any possible meeting has been advised to be held virtually. Three new companies have been listed at TSE in the past two months, and their IPO ceremonies were held with the highest restrictions and limitations in the Exchange’s building. The live streaming of the events were available on video sharing websites and networks. Unlike pre-pandemic period, all training sessions are provided virtually with the non-physical attendance requirements. To date, total 17 courses have been virtually accomplished for more than 1400 person-hours by TSE’s Investment Development Department. The courses include public sessions for investment fundamentals, investment instruments, investors’ rights, on-line trading, as well as more technical sessions for market participants. TSE also donated a fund of IRR 1 billion to Iran University of Medical Sciences in order to support the national healthcare system towards the novel coronavirus pandemic.