16531
IFB Gripped by Bearish Sentiment
Economy, Business And Markets

IFB Gripped by Bearish Sentiment

Stocks rout at the Iran Fara Bourse (IFB) dragged down the benchmark IFX to slip 9.41 points or 1.3 percent to settle at 710.63 at Sunday’s close, IFB public relations reported.
More than 160 million shares and bonds changed hands at the IFB, valued at close to $44.8 million.
Bank Hekmat with 20.36 million shares, and Tehran Oil Refining Company with close to $1.09 million, registered the highest trade volume and value respectively.
Bank Hekamt was the investors’ safe haven, as they lined up to buy its shares, with 3.6 percent hike in value. Tourism Bank and Fan Ava stood after Bank Hekmat.
The report also noted that Tehran Oil Refining Company, Hormozgan Steel Company, Iranian Petrochemical Group, Sina Port and Maritime Company, Lavan Oil Refining Company, Bank Dey, and Bank Hekmat were in the spotlight on Sunday trading.
Fixed-income securities witnessed the trade of 200,000 rental bonds. Nasim Fund recorded the highest trade volume among the listed Exchange Traded Funds at IFB.

Short URL : http://goo.gl/LdlHzI

You can also read ...

European Gov’ts Exploring Financial Channels for Iran
The French, British and German governments have told Iran they...
EU to Protect Firms in Iran Following US Refusal to Grant Waivers
EU countries on Monday gave European firms legal cover to...
$312m Paid in Travel Currency in 3 Months
A total of $312 million were allocated by the Central Bank of...
Biggest Privatization Bid of the Year Set for July 31
Iranian Privatization Organization is scheduled to stage the...
Cuba Rolling  Out Mobile Internet Services
Cuba has started providing Internet on the mobile phones of...
Tehran Hosting International Biology Olympiad
Gifted students from 70 countries across the world have...
Iran, Ghana Sign Capital Market Deal
Capital market authorities from Iran and Ghana signed a...
IMIDRO Outlines Q1 Downstream, Upstream Steel Performance
A total of 11.22 million tons of iron ore concentrate was...

Trending

Googleplus