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Tehran Stock Exchange main index registers sharp fall

Business Materials 3 September 2016 15:27 (UTC +04:00)

By Fatih Karimov – Trend:

Baku, Azerbaijan, Sept. 3

The main index of the Tehran Stock Exchange (TSE) experienced a sharp fall by 420.9 points or 0.55 percent on Sept. 3, to end the first work day of the week at 76,747.

More than 458 million shares, valued at about $65.78 million (2.06 trillion rials based on official rate of 31,270 rials per USD), were traded within 45,822 transactions.

Ghadir Investment Company, Iran Khodro and the Mobarakeh Steel Complex had the biggest negative impact on the TSE index.

Meanwhile, Mining and Metals Development Investment Company and Iran Zinc Mines Development were among the companies that imposed the highest positive effect on the TSE index.

Faravari Mavad Madani Iran Co. enjoyed the highest rise in share price, which went up by 4.84 percent to 4,941 rials per share.

More than 816,090 shares of the company, valued at 4 billion rials, were traded on Sept. 3.

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