伊朗股市年内涨逾90%,通胀调整后收益率23%,美元口径收益仅约1.2%

智通财经
Sep 30
【伊朗股市年内涨逾90%,通胀调整后收益率23%,美元口径收益仅约1.2%】截至9月30日,伊朗德黑兰证券交易所TEDPIX指数收于7766538点,较2025年底累计上涨约90.8%,明显高于同期约55.5%的城市消费价格涨幅,按通胀调整后的实际收益率约为23%,意味着对以里亚尔衡量财富的伊朗国内投资者而言,股市今年确实实现了真实购买力增长。不过,里亚尔同期大幅贬值几乎抵消了这轮上涨。自由市场美元汇率由年初约13.5万至13.8万土曼升至9月底约25.45万土曼,若将年初资金换成里亚尔投资,并在9月底重新折算为美元,最终美元口径收益仅约几个百分点。换言之,伊朗股市今年虽然同时跑赢国内通胀和多数全球主要股指,但对于以美元衡量资产价值的投资者而言,接近翻倍的指数涨幅大部分被本币贬值吞噬。

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