88038
Both the number of traded shares and trade value grew over 55% on Wednesday compared to Tuesday, as over 1.6 billion shares valued at $103.72 million were traded at TSE on June 13.
Both the number of traded shares and trade value grew over 55% on Wednesday compared to Tuesday, as over 1.6 billion shares valued at $103.72 million were traded at TSE on June 13.
Wednesday, June 13, 2018

Tehran Stocks Rally to Reach New Highs

This is TEDPIX’s highest single-day growth ever, and what’s more, the index is now only about 500 points lower than its all-time high of 99,607
A ballooning money supply, fast-devaluing currency in the unofficial foreign exchange market and the subsequent outflow of money into other markets such as housing, auto and gold were all setting up a springboard for stocks
Wednesday, June 13, 2018

Tehran Stocks Rally to Reach New Highs

Business & Markets Desk

Tehran stocks ended the trading week with a bang, as both Tehran Stock Exchange and Iran Fara Bourse reached new highs on Wednesday's close.
The day's meteoric rise was rather unexpected on the surface, yet a long time in the making. A ballooning money supply, fast-devaluing currency in the unofficial foreign exchange market and the subsequent outflow of money into other markets such as housing, auto and gold were all setting up a springboard for stocks.
TSE's all-share index TEDPIX closed 2,767.58 points or 2.87% higher on Wednesday compared to the day before to reach a four and a half-month high of 99,414.5.
This is TEDPIX's highest single-day growth ever. And what's more, the index is now only about 500 points lower than its all-time high ...

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/f7anqC
06/13/2018
  1. https://goo.gl/prih7X
  • https://goo.gl/zsg9gC
  • https://goo.gl/jPpW9A
  • https://goo.gl/8ohfUM
  • https://goo.gl/cdB2GY

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Add new comment

Trending

Googleplus