17168
IFB Daily Market Cap Tops $71.5m
Economy, Business And Markets

IFB Daily Market Cap Tops $71.5m

Close to 144 million securities changed hands at Iran Fara Bourse on Tuesday trading, valued at more than $71.5 million, IFB public relations reported. The IFB recorded an almost flat trading day, with the benchmark inching up 0.58 points or 0.08 percent to settle at 727.25. Pasargad Oil Company, Tourism Bank, Tehran Oil Refining Company, and Shiraz Oil Refining Company had the most positive impact on the IFB’s gauge. Tourism Bank’s more than 53 million preferred shares, valued at $975,831, recorded the highest traded volume and value at the IFB. Tolidaru, Alborz Bulk Company, and Saman Insurance recorded the highest price surge among other listed companies at the IFB. However, KBC, Sabzevar Cement Company, and Railways Engineering Company were witnessing selloffs. Around 560,000 rental bonds with three month maturity were traded in the fixed-income securities. Nasim Fund, with 101,694 shares, registered the highest trade volume and value among listed exchange traded funds at the IFB. A block offering of Oil Industry Investment Company, with up to 51 percent of its share, is scheduled to go public on June 1.

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

You can also read ...

Qatar, Oman Becoming Iran's New Trade Gateways
Iran is working to curb its trade ties with the UAE, replacing...
Connectivity Central to Iran-India Future Ties
Iranian President Hassan Rouhani’s recent state visit to India...
Nissan to Test Self-Driving Taxis
Nissan Motor Co is taking its first steps to becoming an...
Export Billet Prices Climb Amid Higher Offers, Transactions
Iranian export billet prices went up by $5-15 per ton on an...
Coated Steel Strip Production Jumps 42% in 10 Months
Iran’s coated steel strip output reached a record 1.26 million...
Renewed Efforts to Sideline US Dollar in Foreign Trade
Months after a meeting between Iran’s Leader Ayatollah Seyyed...
Rial Gaining Ground
Rial continued its gain against the US dollar in Tehran's...
Exports to Thailand, Indonesia See Biggest Rise
Iran’s exports to Thailand and Indonesia, crude oil excluded,...

Trending

Googleplus