Tehran, Iran, May 17
By Mehdi Sepahvand - Trend:
The Tehran Stock Exchange (TSE) index rose by 312 points today to stand at 76,292.
For the day, over one billion shares worth 2.303 trillion rials (at 30,039 rials per USD) were dealt in 72 thousand transactions, Trend correspondent reported May 17.
The weight-price index rose by 117 units, fixed weight general index by 91, fixed weight price index by 75, free floating index by 330, first market by 310, and second market by 139 points.
The TSE index was for a time over the past weeks on a downward trend, despite the fact that it jumped 25 percent in January when international sanctions against the Islamic Republic were lifted as a result of the nuclear deal's implementation.
The automotive, IT, transportation and logistics sectors experienced the highest growth over the last Iranian year.
Low growth was observed in the rubber and plastics, ceramics and tiles, and cement production sectors in the mentioned period.
The TSE trades a range of shares, funds and financial instruments, including Islamic funds. It didn't receive any foreign investment for several years because of sanctions over Iran's nuclear program.