23 Nov 2024
Sunday 10 November 2019 - 15:38
Story Code : 363236

Stocks placed in best performing class

Financial Tribune - A review of the performance of financial markets in the first six months of current fiscal year (March 21- Sep. 22) shows that the stock market outperformed others in terms of both value and volume compared to data for the first half of last year, the Economic Research Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture said.

The report, on TCCIM website, reviewed performance of the currency, gold, real estate and stock markets based on data from the Central Bank of Iran.

Data on stock market performance is presented as per base index of 100 points in the year 2016-2017 (2016-17=100).

Accordingly, equities traded on the capital market increased from 188.4 points from the first six months of last year to 537.5 up until September 22, posting a whopping growth of 185.3% on year-on-year basis.
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