...

Tehran Stock Exchange main index rises 741 points

Business Materials 7 July 2015 17:24 (UTC +04:00)

Baku, Azerbaijan, July 7

By Fatih Karimov - Trend: The Tehran Stock Exchange main index (TEPIX) rose by 741 points on July 7 and stood at 66,761.

The main and the secondary market indices rose by 546 points and 1461 points, respectively, Iran 's Fars news agency reported July 7.

Over one billion shares, worth 2320 billion rials (about $70 million based on market exchange rate), were traded on the mentioned date.

The capital market's value reached 2900 trillion rials (about $87 billion).

The TSE main index started with 89,500 in 2013. But, it dropped gradually so that it plunged to 61,500 in winter 2014. On the first working day of the current Iranian fiscal year (March 25, 2015) it was 62,885.

Negotiators from Iran and the P5+1 group of countries - the United States, Britain, China, France, Russia and Germany - are working to reach a comprehensive agreement on the Iranian nuclear program in the Austrian city of Vienna. The two sides have agreed to continue talks to strike a final deal by July 7.

Iranian Foreign Minister Mohammad Javad Zarif said July 3 that great progress has been made in the nuclear talks. However, there are different technical and compositional issues and then a political decision to be made, he stated.

Edited by CN

Latest

Latest