EghtesadOnline: Data from Iran Fara Bourse, the country's junior stock exchange, indicates that its main index, IFX, posted a 100% returns on investment in the last fiscal that ended on March 20.
EghtesadOnline: Iran Fara Bourse main index was up 8.7% in the second month of 2019 as IFX shot up 168.3 points (8.7%) to close at 2,100.3. Market capitalization also increased by 3.4% in February.
EghtesadOnline: Tehran Stock Exchange and Iran Fara Bourse clocked their biggest single-session point gains in more than a month on Saturday. TSE's main index, TEDPIX, rose 4,778.26 or 3.00%, as of market close, ending at 164,267.8 points. Iran Fara Bourse's main gauge IFX was up 42.37 points or 2.13%.
EghtesadOnline: In the trading week to January 30, the main index of Iran Fara Bourse (an over-the counter market for securities and other financial instrument in Tehran) IFX, registered 76% return on investment since the beginning of the current fiscal last March.
EghtesadOnline: Refinery and chemical shares led a broad market rally Saturday, lifting TEDPIX and IFX to their second consecutive day of gains. Stocks began the day in positive territory and steadily climbed higher as investor sentiment was boosted after gains in global oil prices over the weekend.
EghtesadOnline: Tehran stocks closed lower in trading Saturday to start the week in the red. At the Tehran Stock Exchange both TSE's main index TEDPIX and IFX lost heavily. The TEDPIX and IFX fell sharply and thereby turned negative for the autumn. Stocks dropped almost across the board with only textile and telecoms staying in the black.
EghtesadOnline: Tehran Stock Exchange’s main index gained 528.51 points or 0.49% on Saturday to end trading at 109,401.4.
EghtesadOnline: Tehran Stock Exchange’s main index gained 0.04 points on Tuesday compared to the day before to end trade at 93,612.1.
EghtesadOnline: Tehran Stock Exchange’s main index lost 299.44 points or 0.31% on Sunday compared to the day before to end trade at 95,987.6.
EghtesadOnline: Stocks don’t have much going for them these days. The combined threats of rising interest rates, weakening growth in global commodity prices and lingering political risks have dented investors’ sentiment, leading to a quiet week for equities.