Tehran Stock Exchange Rose 15,000 Points on Sunday, October 25 / The Overall Index Reached 8,060,000 Points

According to KhabarOnline, on the third day of Aban the capital market continued its trading with its main indices rising. Trading data as of 10:03 shows the overall index of the Tehran Stock Exchange has risen by 15,810 points to reach the level of 8,060,466 points. At the same time, the equal-weighted overall index also increased by 5,451 points and stood in the range of 2,241,856 points.

The simultaneous rise of these two indices shows that in the early hours of trading, the market's positive movement was not limited to the overall index alone. Nevertheless, to assess how widespread demand is and to determine how far price growth is distributed among the various symbols, it is essential to examine the number of positive and negative shares and the state of the trading groups.

Based on the exchange board information, the market value reached about 233,000 billion units, according to the scale recorded in the system. Also, by the time the information was recorded, 465,031 trades had been executed and the trading volume reached 30 billion and 479 million units. The value of trades was also recorded at 187,259.79 billion units.

Fara Bourse Also Turned Bullish

At Iran Fara Bourse too, the overall index had an upward trend in Sunday morning trading. Based on the information recorded at 10:04, the Fara Bourse overall index rose by 335.98 points to reach 67,366.55 points.

The value of the Fara Bourse first and second markets was reported at about 36,968 billion units and the value of the base market at about 8,732 billion units. In this market, 228,520 trades were executed and the trading volume reached 6 billion and 649 million units. The value of Fara Bourse trades was also announced at 102,441.33 billion units.

The simultaneous rise of the overall index, the equal-weighted index and the Fara Bourse index presents a positive picture of the stock market's state in the early hours of the day. Nevertheless, to gauge the quality of this growth, variables such as the net purchases of retail shareholders, the value of buy and sell orders and the number of positive and negative symbols must also be considered.

Technical Review of the Stock Exchange Overall Index

The overall index of the stock exchange stands at the level of 8,060,000 points. The 8-million-point range, as an important psychological level, may attract traders' attention in upcoming trades. Consolidation of the index above this range can help maintain the positive atmosphere; conversely, a return below it raises the possibility of increased selling pressure.