Three new over-the-counter indices were unveiled – Tejaratnews
According to Tejarat News, the CEO of Farabours announced the display of three new over-the-counter indices in the form of price index (weighted-value), equal-weighted total index and equal-weighted price index from today, the 16th of Bahman, on the technology management sites of Tehran Stock Exchange and Farabour Iran.
Mohammad Ali Shirazi, the CEO of Iran Exchange, expressing hope for the introduction of other new indices in the future, said: In the process of calculating the total index, in addition to the price, cash profit and the number of shares are taken into account; In other words, companies with a larger market value and more number of shares have a higher weight in the index number, for this reason, when calculating the index, for example, only 10 large symbols may cause this variable to be positive or negative.
Referring to the introduction of equal-weighted index parallel to the total index in the OSE, he stated: In this index, the “number of shares” section is not included, and only “price and cash profit” are calculated; Thus, all small and large companies are evaluated in the same way in this index
In the following, the CEO of Farabours emphasized the calculation of cash profit in the above two indices and said: Considering that cash profit is included in the above two indices, Dps is separated in the following indices and two equal weight price indices and equal weight total index are also used for The over-the-counter market was defined.
Emphasizing that in these two indices, only the stock price is calculated and the dividend is not included, he added: In the total equal weight index, the number of shares of companies is calculated, but in the equal weight price index, the number of company shares is not included.
Shirazi also paid attention to the first and second over-the-counter market indices and said: The calculation formula for the first and second over-the-counter market indices is also similar to the total index, but it is calculated only for the symbols of these two markets.
Details of Zekem Khoi Charity Bonds
He also stated that from today the subscription of certificates of charity in the form of “Zelzale Khoi 01” symbol has been started for seven working days in the over-the-counter market, and said: These bonds have been published in the context of crowdfunding and their volume is 10 million sheets. to provide a total of 100 billion Rials of financial resources for the Khoi earthquake victims.
According to the CEO of Farabours, on the first day of the earthquake charity bond subscription, more than 16 billion Rials were collected by the people of the capital market to help the earthquake victims of this city with the aim of buying essential items and necessities of this city.
Source: Farbours