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Tehran Stock Exchange index witnesses another sharp rise

Business Materials 2 February 2016 15:56 (UTC +04:00)

Baku, Azerbaijan, Feb. 2

By Fatih Karimov- Trend:

Tehran Stock Exchange (TSE) main index registered another sharp rise as the figure increased by 812 points to hit 73, 725 on Feb.2, the TSE said on its website.

The increase follows a rise by 1794 points on Feb.1, which was a significant high record, following several days of slight changes in the market.

The TSE main index also registered a historic increase by 2,115 points to hit 70,972.8 on Jan. 26.

Some 2,284 million equities, worth $152.6 million, were traded by the end of the day at Tehran Stock Exchange on Feb. 2.

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.

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.

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