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 ...

Iran, India Reinforce Economic Ties With Chabahar Deal
The development of the strategic Chabahar Port is becoming a...
Banks, Petrochems Dominate List of Iran’s Largest Companies
Iran’s Industrial Management Institute released on Sunday the...
3rd Turkish Border Gate With Iran to Operate 24/7
Turkey is working to keep a third border gate with Iran open...
The forex volatility had caused widespread concerns among the public and investors .
After weeks of wild rallying, the US dollar has lost its...
MPs Weigh FATF’s Impending Decision
As the 700 delegates from 203 jurisdictions of the Financial...
New US Probe May Dim Boeing Deal Prospects
An Iranian airline under sanctions by the US for ferrying...
Tehran Housing Construction Permits Rise in H1
The number of residential construction permits issued in...
Insurance E-Marketing Rules Notified
The Central Insurance of Iran has published rules to regulate...

Trending

Googleplus