Iran's stock market index rises

Business Materials 14 January 2020 20:34 (UTC +04:00)
Iran's stock market index rises

TEHRAN, Iran, Jan.14


Iran's stock market index has increased 3,912 units on Jan. 14 by trading more than 6.1 million shares and securities valued 34,674 billion rial (about $825 million).

Bank Mellat share with 401 units, Telecommunication Company of Iran 399 units, National Iranian Copper Industry Company with 273 units, Nouri Petrochemical Company with 204 units and Iran Khodro auto company with 187 units had the most positive effect on the stock market index, Trend reports citing IRNA.

Meanwhile, Persian Gulf Chemical Industry Company with 336 units, Khorasan Steel Complex Company with 152 units, Bandar Abbas Oil Refining Company with 151 units, Omid Investment with 126 units, Informatics Services Corporation with 74 units and Tehran Oil Refining Company with 66 units had the most negative effect on the stock trading.

Tejarat Bank, Mellat Bank, SAIPA, National Iranian Copper Industry Company, Mobarakeh Steel Company, Isfahan Oil Refinery, Iran Chemical Industries Investment Company were the most viewed icons in the market.

The auto industry was the top contender in the market by selling 1.1 billion shares worth 4.6 billion rial (about $111 million).

Iran's over the counter index had 49 units increase, while 2.1 billion shares valued more than 17 billion rial (about $420 million) shares were sold.

Marun Petrochemical Complex, Goharzamin iron ore company, Arfasteel, Iran Office Machines Industries, Zagros Petrochemical Company have the most positive effect on OTC index.