Economy, Business And Markets

IFX Jumps 2.1%

IFX Jumps 2.1%IFX Jumps 2.1%

Mirroring the TSE’s good performance, Iran Fara Bourse’s overall index jumped 14.41 points or 2.1% on Wednesday to stand at 701.

More than 185 million shares traded in 21,245 transactions valued at $11.03, IFB reported.

The highest daily trade volume with 7.27 million shares was recorded for Bank Day.

Iran Cultural Heritage and Tourism Investment Group Company with $1.32 million worth of trade registered the highest daily trade value among listed companies at IFB.

Arfa Iron & Steel Company, Lar Cement Company and Cultural Heritage and Tourism Investment Group Company registered the highest rise in their shares value.

Tadbirgaran Company, Marjankar Company and Asia Zarin Madan Company had the highest retreat in their values.

Tehran Oil Refining Company, Shirvan Sugar Company, Isfahan Steel Company, Bank Day, Lavan Oil Refining Company, Pegah Fars Diary Company and Iranian Investment Petrochemical Group were also on investors’ radar.

Asam Fund, with the transaction of 410,000 units, registered the highest trade volume among listed exchange-traded funds in the Modern Financial Instruments Market.

Joopar Passenger and Freight Transit Company, with sales of 200,000 Ijarah bonds, recorded the highest trade volume.