Economy, Business And Markets
0

Iran Stocks Record Highest Daily Growth

Business & Markets Desk
TSE’s main index surged 4,414.07 points or 3.78% on Tuesday to end trading at 121,173.6, as Iran Fara Bourse’s benchmark gained 57.58 points or 4.31% to close at 1,394.74
Iran Stocks Record Highest Daily GrowthIran Stocks Record Highest Daily Growth
The driving force behind Tuesday’s growth seems to be the same thing that ignited the rally earlier in the week: the prospect of large exporters entering the secondary foreign exchange market

Stocks extended their four-day rally on Tuesday, as both Tehran Stock Exchange and Iran Fara Bourse registered their highest-ever single day growth.
TSE's main index TEDPIX surged 4,414.07 points or 3.78% on Tuesday to end trading at 121,173.6. 
This is while Iran Fara Bourse’s main index, IFX, gained 57.58 points or 4.31% to close at 1,394.74. The smaller exchange's index is also at its highest ever. 
A total of 1.29 billion shares valued at $83.5 million changed hands at TSE on Tuesday, as IFB saw the trading of about 420.4 million securities valued at $74.7 million.
Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

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.

Add new comment

Financialtribune.com