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  • 20-11-21

    Iran’s benchmark stock index falls 46,000 points

    (MENAFN) TEDPIX, Iran’s benchmark stock index at TSE, dropped 46,000 points (3.2 percent) to reach 1.41 million in the previous Iranian calendar week (ended on Friday).

    In last week, the largely followed indices were of Isfahan Refining Firm, Mobarakeh Steel Corporation, Social Security Investment Corporation, as well as Barekat Pharmaceutical Group.

    Head of Iran’s Securities and Exchange Organization (SEO) has stated that the government is implementing new plans to get rid of pre-ordered pricing in the stock exchange in the long term.

    On November 14, Majid Eshqi reported, “the government's policy, in the long run, is to avoid pre-ordered pricing. This policy has been repeatedly stressed by the president and the government's economic team and has been placed on the government's agenda.”

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