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FinancialNews
28-03-22
Iran’s benchmark stock index closes Sunday on high note
(MENAFN) TEDPIX, Iran’s major stock index of Tehran Stock Exchange (TSE), closed Sunday’s trading session with gains of 12,730 points to 1.403 million.
As stated, more than 10.485 billion securities valued at 44.114 trillion rials (around USD169.6 million) were exchanged at the stock exchange. The first index of the market surged 12,631 points and the second index of the market climbed 15,409 points.
According to the head of Iran's Securities and Exchange Organization (SEO), the monthly sales of the stocks of firms listed on the Tehran Stock Exchange has been excellent during the previous Iranian calendar year 1400 (ended on March 20), and it is estimated that the stock markets growth is going to carry on in the current year too.
Based on Majid Eshqi statement to the press on March 12, “considering the general provisions approved in this year's budget bill we expect that companies will have good capital increase and take positive development measures, and it will be easier for investors to make decisions.”
MENAFN28032022000045013568ID1103922953
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