TSE Information on Covid-19 precautions

27 Mar 2020 - Hour 12:30

Tehran Stock Exchange (TSE) acted very quickly as the Covid-19 outbreak was announced by the local authorities in Iran.

 Tehran Stock Exchange (TSE) acted very quickly as the Covid-19 outbreak was announced by the local authorities in Iran late February 2020, even before it was considered as a pandemic.

The Exchange is greatly focused on retaining the market’s integrity and continuing the trading and also our business in order to preserve all our stakeholders’ interests.

However, as CSR, health and safety is the top priority of TSE, initially we started with our employees by reducing the working time to 5:30 hours daily. The staff were divided into three groups, each working in a single shift. On arrival, the staff are being monitored and individuals temperature is checked. The oximeter fingertips have been also supplied to monitor the oxygen saturation of the personnel blood. Face masks and disposable sanitary gloves are distributed among the working group, as well as antiseptic liquid pumps; the premises and office rooms are also sanitized daily after staff’s leaving; the sick employees or those with symptoms were provided with paid leave for working from home or staying in self-quarantine. The complex restaurant is closed and packed food and beverages are served.

On the business side, the listed issuers and members have been requested to postpone their AGMs, or hold the events virtually with the fewest number of participants. Some of the public offerings have been put off, or occurred under certain health considerations. The board meetings are arranged to be held by the teleconference or videoconference.

TSE is closely collaborating with the market’s regulator and local authorities in order to review the latest developments and act accordingly for the coming weeks.

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