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Tehran Stock Exchange index registers historic increase

Business Materials 26 January 2016 16:40 (UTC +04:00)

Baku, Azerbaijan, Jan. 26

By Umid Niayesh - Trend:

Tehran Stock Exchange (TSE) main index registered a historic increase by 2,115 points to hit 70,972.8 on Jan. 26.

The increase, which is a high record in recent years, follows a 1,117 points surge in preceding day, the TSE said on its website Jan. 26.

Some 2,200 million equities, worth $148 million, were traded by the end of the day at Tehran Stock Exchange on Jan. 26.

The surge comes amid Iranian President Hassan Rouhani's four-day official visit to Europe. Rouhani arrived in Rome Jan. 25 on the first leg of his EU visit.

Rouhani is the first Iranian president who pays an official visit to the EU over the past 10 years. The president is expected to leave Italy for France on Jan. 27.

According to a monthly briefing released in November 2015 on the TSE website, 318 companies, as well as 37 factories are listed on Tehran Stock Exchange in 37 sectors.

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