Unprecedented Wave of Gains on the Tehran Stock Exchange: New Records in Stock Indices
[77122] Unprecedented Wave of Gains on the Tehran Stock Exchange: New Records in Stock Indices
The Tehran Stock Exchange records a second day of sharp gains, with a surge of 81,000 points in the key index and an unprecedented rate of 99% green stocks.
Unprecedented Wave of Gains on the Tehran Stock Exchange
The Tehran Stock Exchange opened the second day of the week with particularly strong positive momentum. According to reports from IRNA News Agency and Akharin Khabar, the general stock index surged by 81,000 points, reaching the threshold of 4,234,000 points. This is a trend continuing for the second consecutive day, with Eghtesad Emrooz noting that this marks the eighth consecutive day of gains in the market.
The data indicates broad euphoria in the market: according to Akharin Khabar, "99 percent of the symbols in the market are positive and green," with 682 stocks recording gains of between 2 and 3 percent. The total value of stocks on the Tehran Stock Exchange is estimated at approximately 12.5 thousand trillion rials, while the value of buy queues (saf-e kharid) crossed the threshold of 36 trillion rials, a figure also verified by Economic Insights.
In parallel with financial activity, Akharin Khabar reports on logistical preparations for the return of Iranian pilgrims: starting from June 11, about 31,000 pilgrims are expected to return on special flights through airports in Tehran, Mashhad, Zahedan, Shiraz, Gorgan, and Isfahan.
In the cultural sphere, Akharin Khabar published a summary of the seventh virtual book fair in Tehran, during which about 804,000 copies of books were sold for a total value of over 3.1 billion rials.