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  • 22-11-21

    Iran’s benchmark stock index skyrockets 3,480 points on Sunday

    (MENAFN) On Sunday TEDPIX, Iran’s benchmark stock index at Tehran Stock Exchange increased 3,480 points to reach 1.386 million. As registered, more than 5.725 billion securities that value 39.244 trillion rials (about USD934.3 million) were exchanged at the TSE.

    The first index of the market jumped 2,764 points, and the second market’s index surged 6,338 points. Moreover, TEDPIX rocketed 58,000 points (4.1 percent) to reach 1.456 million in the previous Iranian calendar week (ended on Friday).

    In last week, the largely followed indices were of Isfahan Refining Firm, National Iranian Copper Industries Corporation, Mobarakeh Steel Corporation, Social Security Investment Firm, Bandar Abbas Refining Corporation, Iran Khodro Group, and Saipa Firm.

    During early July, Market Expert Reza Alavi stated that the influx of liquidity into the market and the rise in the worth of dealings show that individuals are again trusting the capital market.

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