Tehran, Iran, Aug 16
By Mehdi Sepahvand –- Trend:
The Tehran Stock Exchange (TSE) is anticipating “brighter days” both on the account of ongoing measures and the proposed government cabinet, TSE CEO Shapoor Mohammadi told Trend, Aug 16.
“The amount of foreign investment is about 20 trillion r [Anchor] ials (over $600 million) and is rising fast. Also, the number of shareholder codes is on the rise. Nevertheless, in the Energy Market many businessmen, including those in the field of oil, have started work and things look booming,” he said.
According to Mohammadi, over the past year the TSE for the first time in its 49-year history introduced the sales option, hoping to attract buyers willing to make more profit.
New services, such as future contract on commodity basket, are also on the way and the hope is that things will go well, he added.
Main index of Tehran Stock Exchange gained 70.5 points or 0.09 percent to end trade at 81491.4 on July 30.
628 million shares valued at $ 67.8 million (2.2 trillion rials) were traded for the day.
The Price Index added 17.1 points or 0.06 percent to end at 26419.9.
The First Market grew by 82.4 points or 0.14 percent to post 57097.4.
The Second Market Index lost 25.5 points or 0.01 percent to stand 177639.5.
The Industry Index was up 77.8 points or 0.11 percent to stand at 70344.3.
The TSE 30 Index gained 10.2 points or 0.31 percent to close at 3251.5.
The TSE 50 Index increased by 1.4 points or 0.04 percent to end at 3167.8.