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FinancialNews
02-06-22
TEDPIX increases 800 points on Wednesday
(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), increased 800 points to 1.543 million on Wednesday.
As mentioned in IRIB reports, securities valued at 35 trillion rials (nearly USD134.6 million) were exchanged at the TSE on Wednesday.
TEDPIX is anticipated to follow a slight rising trend in the present Iranian calendar year 1401 (started on March 21), a market expert stated to IRNA on April 3.
Ali Teymouri stated that “The capital market index experienced a significant decline in [the Iranian calendar year] 1399 (ended on March 20, 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.”
MENAFN02062022000045014228ID1104313387
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