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Saipa, Iran Khodro, Isfahan Refinery keep Tehran Stock Exchange's upward trend

Business Materials 24 June 2021 15:00 (UTC +04:00)

TEHRAN, Iran, June 24

Trend:

The overall index of the Tehran Stock Exchange (TSE) gained 26,094 points to 1.213 million, on June 23, Trend reports citing Fars News Agency.

Over 10.5 billion shares valued at $1.6 billion changed hands at TSE for the day.

The overall index of Farabourse gained 17,616 points to 1.167 million, on Wednesday.

The indices of Saipa Group Co., Iran Khodro Group Co., National Copper Industry Co., Isfahan Refinery Co. and Kourosh food industry Co., had the most positive impact in TSE on Wednesday.

Iran's president-elect Ebrahim Raisi expressed his viewpoint on Stock Exchange in his first press conference held on Monday.

He went on to say that Iran will bring back the peoples' trust in the country's capital market.
"We will bring back people's trust in the capital market, the government will definitely not use the stock exchange as a resource to finance its budget deficit," he said.

Raisi said the government will look to provide compensation for losses to small share owners by creating necessary guarantees.

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