Stock market index gains 508 points in a day

July 23, 2017 - 9:17

TEHRAN- Stock index gained 508 points to 80,670 in Iran’s stock exchange market on Saturday (the last day of Iranian fourth calendar month of Tir. Some 693 million shares worth 4.37 trillion rials (about $115.6 million) were dealt in the stock market.

Also, IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), gained 3.4 points to 923 on Saturday, as 110 million securities worth 860 billion rials (about $22.7 million) were dealt.

IFX added 920 points in the last week of Tir, ended on Friday. Some 992 million securities worth 6.33 trillion rials (about $167.4 million) were dealt in Fara Bourse in the mentioned week.

The index gained two percent since the start of Tir (June 22) until Friday and 5.1 percent since the start of current calendar year (March 21).

Meanwhile, worth of IFB registered a 0.5-percent growth since the start of Tir and 3.5 percent rise since the year start.

MA/MG