Tehran Stock Exchange hits record index high amid rising liquidity

The Tehran Stock Exchange reached new milestones as the total index surpassed the 7.5 million mark for the first time, closing at 7,557,642 units after a 0.47% increase. This growth was driven by large-cap stocks, including Tasiko, Foolad, and Shabandar, while the equal-weighted index saw a slight decline of 0.07%. Additionally, retail trading value hit a record high of approximately 68,331 billion tomans, indicating significant liquidity movement in the market.

In a separate analysis of the Mining and Metals Development Company, the firm's total net asset value is estimated at 506.5 trillion tomans. This valuation is significantly higher than its current market value of 188.8 trillion tomans, suggesting the company is trading at roughly 37.28% of its net asset value. The company's portfolio includes major holdings such as the National Iranian Copper Industries Company (Fomali) and Golgohar Iron and Steel, with the copper sector representing a substantial portion of its stock portfolio value.