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FinancialNews
01-06-22
TEDPIX closes Tuesday with 5,300 points increases
(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), earned 5,331 points to 1.542 million on Tuesday.
As mentioned in reports more than 5.915 billion securities valued at 36.847 trillion rials (nearly USD141.7 million) were exchanged at the TSE.
The first market’s index increased 4,012 points, and the second market’s index rose 10,407 points.
A capital market expert stated that the Iranian economy is anticipated to witness major expansion within the next two years, stating that "This will be a good thing for the capital market and we will see a positive effect on the market as well."
In a meeting with IRNA on April 25, Hamid Mir-Moeini mentioned to the return of expansions to the trend of share exchange transactions and the issues impacting it, stating: “After the downward trend in the past [Iranian calendar] year (ended on March 20), the capital market finally returned to an uptrend in the last days of the year, paving the way for some optimism in the market for the current year.”
Hamid Mir-Moeini also stated that “The resumption of growth in the stock exchange transactions over the last week of Esfand (last month of the Iranian calendar year) was due to the optimism that was influenced by the nuclear talks and this event affected the whole market.”
MENAFN01062022000045014228ID1104304293
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