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  • 27-12-21

    Iran’s benchmark stock index plunges 1,489 points

    (MENAFN) On Sunday, TEDPIX, Iran’s benchmark stock index of Tehran Stock Exchange (TSE), dropped 1,489 points to reach 1.384 million. More than 5.363 billion securities that value 36.756 trillion rials (about USD126.74 million) were exchanged at the stock exchange.

    The first index of the market fell 1,51 points, and the second index of the market plummeted 1,68 points. TEDPIX jumped 66,000 points (5.1 percent) to hit 1.359 million during the previous Iranian calendar week (ended on Friday).

    Throughout last week, the largely followed indices were of Mobarakeh Steel Corporation, Iran Khodro Corporation, Saipa Corporation, Social Security Investment Corporation, National Copper Corporation, and Barekat Pharmaceutical Group.

    Based on Sabaei, “according to a recent decision of the government's Economic Coordination Headquarters, 120 trillion rials of new deposits will be made by the National Development Fund, which will be gradually transferred to the account of the Capital Market Development and Stabilization Fund.”

    MENAFN27122021000045013568ID1103450687

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