Retail, Sugar Sectors Iran Equity Market’s Top Performers
The retail and sugar sectors were the highest performers of the equity market within the half of this financial year(March 21-Sept. 22) with average returns of 73% and 67% in H1.
Oil and gas extraction (other than exploration) cluster and different mines were the worst performers with -28% and -21% severally, knowledge discharged by Mabna processing Company showed.
According to stock market Press, 269 out of the market’s 578 firms terminated the amount with gains whereas 254 incurred losses. The stocks of 55 firms were conjointly frozen.
Permit Company and Ashtad Asian nation Company were the equity market’s high 2 performers in terms of profit. allow and Ashtad’s returns jumped 1,139% and 632.5% severally throughout the 6 months.
On the opposite hand, Credit establishment for Development and Arman Insurance had the worst performance among all firms, with a negative growth of -44.7% and -43.9% in profit severally.
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The pan-European Stoxx 600 was 0.01 percent higher with sectors moving in different directions.
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