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Foreign contribution to TSE up 47%

Business Materials 20 August 2017 17:28 (UTC +04:00)

Tehran, Iran, August 20

By Mehdi Sepahvand – Trend:

The value of transactions carried out by foreign investors in Tehran Stock Exchange during the four months into the current Iranian fiscal year (since March 21) rose by 47 percent compared to the same period of the preceding year, according to the TSE statistics released August 20.

The value of the transactions also saw a rise of 103 percent year on year. About 91 percent of the transactions carried out by legal entities, the report said.

Foreign investors have invested in 36 industries in the TSE. Their invested assets in the TSE during the period mentioned showed a decline of 2 percent year on year.

Main index of the TSE surged by 8.4 percent over the first three months of the current Iranian calendar year 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.

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