Economy, Business And Markets

TSE Lies Dormant

TSE Lies DormantTSE Lies Dormant

Tehran Stock Exchange’s benchmark inched up 4 points or 0.01% during the week that ended November 4 compared to the previous trading week to settle at 62,927.

According to TSE data, the First Market Index jumped 90 points or 0.20% to close at 43,960, and the Second Market Index dropped 492 points or 0.36% to reach 138,081.

More than 2.7 billion shares changed hands in 141,000 transactions valued at $138.7 million. Trade volume and value posted 196% and 175.2% increase, and the number of transactions jumped 61% compared to last week.

More than 629,049 participation bonds were sold out valued at $18.5 million to record an 83.6% drop in trade value.

The farming and related services sector with 7.95% was the top weekly gainer followed by coal mining with 5.07%, sugar with 4.08%, metal products with 3.59% and auto manufacturing with 2.77%.

  IFX in Green

Iran Fara Bourse’s main index IFX climbed 7.1 points or 1.0% to settle at 704 during the same week.

More than 899 million securities were traded in 61,000 transactions valued at $145.3 million.

Trade volume and value registered a 57% and 16% growth respectively and IFB’s market cap advanced 0.5%.