Baku, Azerbaijan, August 6
By Khalid Kazimov – Trend:
The main index of the Tehran Stock Exchange (TSE) hiked by 496.82 points or 0.6 percent on August 6, to end Saturday trade at 78326.3.
According to the TSE official website, 1.3 billion shares valued at about $ 103.9 million (3.2 trillion rials converted to US dollar according to the official rate on August 6) were traded at 96,165 transactions.
Mobarakeh Steel Company, Omid Investment Management Corporation (OIMCO) and Mobin Petrochemical Co were among the companies that had the highest effect on the index.
Ardakan Industrial Ceramics (A.I.C) Company, Iran Electricity Meter Manufacturing Company and Glucosan company witnessed the highest value increase.
During its recent sessions since July 26, TSE reacted positively to the recent appointments at the Securities and Exchanges Organization of Iran (SEO).
The Securities and Exchange Organization's high council July 26 named Shapour Mohammadi as the new head of the SEO, the supervisory authority of Iran financial market.
Meanwhile, Ahmad Araghchi, Saeed Fallahpour, Ali Saeedi and Hassan Amiri, were appointed as the new members of the SEO board of directors.
Mohammadi will replace Mohammad Fetanat-Fard who chaired the SEO since December 2014.