Central Bank of Iran reports on 1Q equity market performance

Business Materials 15 August 2017 16:35 (UTC +04:00)

Baku, Azerbaijan, Aug. 15

By Khalid Kazimov – Trend:

Main index of the Tehran Stock Exchange (TSE) surged by 8.4 percent over the first three months of the current Iranian calendar year (starting March 20), compared to the same period of last year.

According to the latest statistics released by the Central Bank of Iran, main index has reached 78736 points in the three-month period ending on June 21.

Notwithstanding, compared to the preceding month the main index fell by three percent, as the figure stood at 81194, in the Iranian calendar month to May 21.

TSE financial index, over the first quarter of the current Iranian year, has declined by 10.2 percent, to rest at 130665.

In the first quarter, industrial index hiked by 11.9 percent to stand at 67682, top 50 performers index soared by 6.4 percent posting 3062, first market index rose by 7.7 percent reaching 54237 and the second market index increased by 9.6 percent resting at 176808.

Number of the traded shares in the first market slumped by 15.7 percent, as 37.3 billion shares changed hands in the mentioned period.

Market capitalization also saw 3.9 percent increase, reaching $97 billion.