Tehran Stock Market Gains More Than 126,000 Points

Tehran Stock Exchange continued Tuesday's trading with a gain of more than 126,000 points in the total index, pushing it close to the 8.5 million-point mark. The equal-weighted index also rose, and retail trading value reached 41.4 trillion rials.

In the trading of Tuesday, and continuing the upward trend of the previous day, the Tehran Stock Exchange increased by more than 126 thousand units of the total index and was on the threshold of entering the channel of 8.5 million units; At the same time, the equal weight index also increased and the value of small market transactions reached 41.4 hemats.

According to Ambassador Arjan, the Tehran Stock Exchange experienced an upward trend with the continued demand in the stock market, and the total index increased by 126,476 points and reached the level of 8,460,000 points. In this way, the main indicator of the stock market approached the range of 8.5 million units.

The equal-weighted total index also moved in the same direction as the total index and reached two million and 220 thousand units with an increase of 38,589 units. An issue that shows that the growth of today's market is not limited to the movement of big symbols and the stocks of smaller and medium companies have also been accompanied by an increase.

In today's transactions, the number of transactions in Tehran Stock Exchange exceeded one million and reached one million and 96 thousand transactions. The value of small transactions in the stock market was recorded at 41.4 hemats, which indicates the significant circulation of transactions during today's transactions.

Among the symbols affecting the overall index were Fars, Foulad, Femli, Shasta, Waghdir, Nouri and Parsan; Symbols that play a role in the changes of the main index according to their weight and position in the capital market. The upward trend was followed in the over-the-counter market and the total index of this market reached 66 thousand 224 points with an increase of 911 points. The number of over-the-counter transactions was 680,000.

continuing to climb; Test of durability of demand in the market

The growth of more than 126,000 units of the total index, following the increase of the previous day, is a sign of strengthening the demand in stock transactions. Also, the increase of the weighted index along with the growth of the total index can indicate the relative extent of the upward movement in the market; However, for a more accurate evaluation, it is also important to check the number of positive and negative symbols and the participation rate of different industries.

With the total index approaching the 8.5 million units mark, the continuation of demand and maintaining the value of transactions in the coming days will be important factors for measuring the sustainability of this trend. At the same time, the one-day growth of indices alone is not enough to draw a conclusion about the formation of a stable upward trend, and the direction of market movement in the next transactions can provide a clearer picture of the supply and demand situation.