Baku, Azerbaijan, Sep. 24
By Khalid Kazimov – Trend:
The main index of the Tehran Stock Exchange demonstrated a strong performance over the last week of summer closing up 2.8 percent at 85831 points, hitting a four-year high record.
While engineering services ranked as the top performing sector with a growth of 8.7 percent in the week to September 22, MAPNA Group recovered from a five-month decline adding 8.6 percent.
But the IT sector over the last Iranian week was the weakest performer of the market losing 1.1 percent.
In the meantime, Tehran Oil Refining Co added 10.7 percent to witness the highest weekly gain. The average daily trade volume grew by 7 percent to post $60 million.