Increase of 21 thousand and 497 units of Tehran Stock Exchange index / value of transactions in two markets reached 4.8 thousand billion Tomans

According to the Fars News Agency Economic Group, Tehran Stock Exchange Today, in the first reaction to the president’s remarks last night about having plans to support the stock exchange industry and announcing changes in feed and fuel rates for petrochemicals, steel companies and other stock exchange companies, the overall index began to grow. At the end of trading, the stock exchange increased by 21,497 units to 1,229,424 units.

Also, the total index with homogeneous criteria, today increased by 1691 units to 318 thousand and 759 units. The market value of the Tehran Stock Exchange reached more than 4 million and 914 thousand billion tomans.

Today, traders traded more than 5.5 billion shares, preemptive rights and securities in the form of 322,000 items worth 3475 billion Tomans on the Tehran Stock Exchange.

Today, all stock indices turned green, so that the total index and the price index with weight-value criteria each grew by 1.78%.

Also, the total index and price index increased by 53%. The free float index rose 1.9 percent, the primary stock market index rose 2.1 percent and the secondary stock market index rose 1.38 percent.

Today, the symbols of Mobarakeh Steel, Melli Mes, Persian Gulf Petrochemical, Ghadir Investment, Nouri Petrochemical, Bandar Abbas Oil Refinery and Pardis Petrochemical had a more increasing effect on the stock market index, respectively.

In the OTC market of Iran today, the total index increased by 79 units and reached 17 thousand and 35 units. The value of the first and second OTC markets of Iran reached more than 943 thousand billion tomans.

Trading map Wednesday, February 26, 1400

The value of the OTC market amounted to more than 307 thousand billion tomans.

Today, traders traded more than 2.1 billion shares, pre-emptive rights and securities in the form of 167,000 items worth 1498 billion Tomans in OTC Iran. Taking into account the value of OTC transactions today, the value of transactions in the two markets exceeded 4.8 thousand billion tomans.

The symbols of Zagros Petrochemical, Tondgovian Petrochemical, Lavan Oil Refinery and Hormozgan Steel had the most increasing effect on the OTC index, respectively, and the symbols of Minoo, Damavand Power and Kosar Insurance had the most decreasing effect on the OTC index.

According to Fars, today the market was affected by last night’s approvals of the government board to support the stock exchange industry, and stock market indices grew.

An informed official in this regard said: the gas feed rate of petrochemicals is supposed to be up to 5 thousand Rials and the fuel rate of power plants and factories is up to 2 thousand Rials. Also, the exchange rate of foreign currency assets of banks was set to be set at 22,000 Tomans, and these approvals made the view of stock exchange companies and traders to the future positive, and therefore the market trend is growing.

However, the capital market is a risk market and investors should know that risk and volatility are part of the nature of the capital market, so it is better for investors to enter through fixed income funds first, and investing in the stock market is a long-term process of at least 4 to 5 years. It is not possible to make a quick profit from the hope market.

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