Friday, February 4, 2011

Tehran Bourse at $100 Billion Capitalization

Tehran’s stock exchange broke its all time highs this week, creating a market capitalization of $100 billion for the first time in its 44-year history. The TSE index passed 21,000-point mark on Wednesday, the last day of trade in the Iranian calendar week. The trades resume on Saturday. Among major movers in recent weeks are Iran Telecom, Mobarakeh Steel, SAIPA (auto), Iran Khodro (auto), Bank Parsian, National Copper, Mining and Metals Organization, and Qadir and Omid Investment Groups.

1 comment:

Anonymous said...

Just shows the progress made by the Islamic Republic and the strength of its diversified economy despite the ill-wishes of its enemies and Zionist stooges. No wonder the Zionist Stuart Levy who was installed by AIPAC to undermine Iran's progress and push the "sanctions" quit in disgust and humiliation. Iran Payandebad.