TEHRAN, Iran, July 6
Trend:
The overall index of the Tehran Stock Exchange (TSE) gained 10,893 points (to 1.254 million), on July 5, Trend reports via Fars News Agency.
Over 6.7 billion shares valued at $1.1 billion changed hands at TSE for the day.
The indices of Tamin Petroleum & Petrochemical Investment Company (TAPPICO), Isfahan Oil Refinery Co., National Copper Industry Co., Pardis Petrochemical Co., Parsian Bank and ICT had the most positive impact in TSE and the indices of SHASTA, had the most negative impact.
Iran's president-elect Ebrahim Raisi expressed his viewpoint on Stock Exchange at his first press conference held a week after his election, on June 18.
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.