Tehran Stock Exchange main index continues to fall

Business Materials 4 September 2016 16:24 (UTC +04:00)

Baku, Azerbaijan, Sept. 4

By Fatih Karimov – Trend:

The main index of the Tehran Stock Exchange (TSE) experienced a fall by 238 points or 0.31 percent to 76,509 on Sept. 4, the TSE official website reported.

More than 1.875 billion shares, valued at about $101.5 million (3.174 trillion rials based on official rate of 31,270 rials per USD), were traded within 42,199 transactions.

Bandar Abbas Oil Refining company, Mobarakeh Steel Complex and Ghadir Investment Company had the biggest negative impact on the TSE index.

Meanwhile, Razak Laboratories Co., Saipa Investment Group Co and Telecommunication Company of Iran were among the companies that imposed the highest positive effect on the TSE index.

Razak Laboratories Co. enjoyed the highest rise in share price, which went up by 15.49 percent to 24,237 rials per share.

More than 72,885 shares of the company, valued at 1.8 billion rials, were traded on Sept. 4.