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FinancialNews


  • 04-04-22

    Forecasts for TEDPIX to head towards growth this year

    (MENAFN) According to a market analyst statement to IRNA on Sunday, TEDPIX, the benchmark stock index of Tehran Stock Exchange (TSE), is predicted to head towards an average growth trend during the present Iranian calendar year 1401 (started on March 21).

    Ali Teymouri stated, “the capital market index experienced a significant decline in [the Iranian calendar year] 1399 (ended on March 21, 2021) and the transactions at this market also undergone some correction in the previous year. Therefore, it seems that given the relative stability of macroeconomic variables, we will see a slight growth in the market index during the current year.”

    Based on Teymouri, the major dangers risking the capital market in the present year are budget-related problems, along with government and central bank trade rate strategies after a probable nuclear deal.

    MENAFN04042022000045013568ID1103957923

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