Baku, Azerbaijan, July 29
By Fatih Karimov - Trend: The Tehran Stock Exchange main index (TEPIX) rose by 291 points on July 29 and stood at 66,780.
The main and the secondary market indices rose by 201 points and 651 points, respectively, the tse.ir website reported July 29.
Over 685 million shares, worth 1360 billion rials (about $41 million based on market exchange rate), were traded on the mentioned date.
Some 83 million shares, worth 4590 billion rials (about $139 million) were also traded on the over-the-counter market.
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.
TSE trades a range of shares, funds and financial instruments, including Sukuk and Islamic funds. It has not received foreign investment for several years because of sanctions over Iran's nuclear program.
Edited by CN