Iranian media reported a tanker near Kharg Island was struck by a missile; no casualties reported. Earlier Fars News said explosions were heard near Kharg Island but no smoke or flames were seen in the Persian Gulf and the cause is unclear. Kharg Island handles roughly 90% of Iran’s crude exports.

Tehran Stock Exchange main index gained 120,000 points to 6,624,000; the value-weighted index rose about 32,000 points. Total market capitalization in rials reached roughly 19.3 tln Iranian rials for the first time, while dollar-denominated market cap slipped below $100bn. Retail flows into equities, rights issues and equity funds totaled about 1 tln rials, while fixed-income funds saw outflows of 2.2 tln rials. About 95% of stocks advanced and buy orders amounted to 16.5 tln rials.

Foxconn reported August revenue rose 51.98% YoY. The company said visibility on Q3 results has improved versus a month ago and it expects overall performance to exceed market expectations.