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  • 04-10-20

    Government to carry on carrying stock market

    (MENAFN) Farhad Dejpasand Iranian Finance and Economic Affairs Minister stated that that the government is going to maintain applying growth programs to assist flourishing the capital market.

    Dejpasand stated that "The stock market situation is not measured only by the fluctuations of its index. The Iranian stock exchange is in the process of becoming a modern stock market,".

    The Tehran Stock Exchange (TSE)'s major index (TEDPIX) has dropped practically 600,000 units in under two months and the shares of some companies have faced a loss of up and about to 70 percent.

    The minister stated that factors like the boost in the number of members, the enlargement of the value of transactions, and the development of instruments are as well indicators of a extending and rising trend in the market and the index should not be the merely factor for evaluating a market.

    MENAFN0410202000450000ID1100899535

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