Today, Wednesday, October 7, the Tehran Stock Exchange achieved a significant leap, gaining 153,920 units and reaching a height of 8,131,000 units. This is the first time that the overall index of the stock exchange has crossed the eight million unit mark, indicating strong demand in this sector of the market.
Upward Trend of the Capital Market
This increase occurred while in the previous trading day, the overall index had also risen by more than 187,000 units, approaching the range of 7,977,000 units. Thus, the index crossing the eight million unit mark happened just one day after nearing this level. In today's trading, 833,366 transactions were conducted, and the value of retail transactions reached about 36.5 trillion tomans, indicating the ongoing and significant activity of traders in the stock market.
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The Role of Major Symbols in Index Growth
Among the symbols affecting the overall index, Foulad, Fars, Taban, Foolad, Shasta, Nouri, and Parsan had the most significant impact on the index's growth. The presence of major metal, petrochemical, and multi-industrial symbols indicates that a significant portion of the index's growth continues to be driven by large and index-making companies.
On the other side of the capital market, over-the-counter trading also continued positively. The overall index of the over-the-counter market rose by 1,108 units to reach 64,447 units. In this market, 585,438 transactions were conducted, and the symbols Faraz, Arya, Koghar, Bepas, Saman, Sharanel, and Maroon had the most significant impact on the over-the-counter index.
The crossing of the overall index from the eight million unit channel can be considered one of the most important events of this week's capital market trading. The overall index has increased significantly in recent days, rising from the 7.15 million unit range at the beginning of October to over 8.13 million units. This growth in a short period is considered a significant achievement.
In summary, the Tehran Stock Exchange concluded the last trading day of the week with the overall index surpassing an important psychological barrier, standing at 8,131,000 units, while the over-the-counter market also experienced an upward trend in line with the stock exchange.
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