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FinancialNews


  • 14-04-22

    Iran’s benchmark stock index increases on Wednesday

    (MENAFN) TEDPIX, the benchmark stock index of Tehran Stock Exchange (TSE), increased on Wednesday’s session 8,100 points to 1.454 million.

    As stated, more than 10.137 billion securities valued at 50.124 trillion rials (around USD180.3 million) were exchanged at the stock exchange. The first index of the market surged 6,094 points, and the second index of the market rocketed 15,813 points.

    TEDPIX climbed 31,637 points (2.2 percent) to reach 1.463 million during the previous Iranian calendar week (ended on Friday).

    According to a market analyst statement to IRNA on April 3, TEDPIX is predicted to follow an average increasing trend during the present Iranian calendar year 1401 (began 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.”

    MENAFN14042022000045013568ID1104020539

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