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Iranian SMEs Financial Reports Boost Share Value

SMEs Financial Reports Boost Share Value SMEs Financial Reports Boost Share Value

Amid investor enthusiasm about monthly financial reports of listed companies, benchmark of the Tehran Stock Exchange soared more than 1.4% on Saturday. 
Despite high demand for a wide range of stocks, trade was dominated by stocks of SMEs, while big companies languished under the negative weight of global commodity markets. 
The average trade value of small shares hiked over 40% for the day, compared with the average figure reported for the past two months, according to Donyaye Bourse website.
The price of 87% of equities soared and most stock symbols where traded at the maximum allowed daily prices.   

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