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  • 09-06-22

    Iran’s TEDPIX closes Wednesday with 4,911 points up

    (MENAFN) IRNA mentioned in reports that TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), increased 4,911 points to amount to 1.520 million on Wednesday.

    More than11.271 billion securities valued at 120.15 trillion rials (nearly USD455.97 million) were exchanged at the TSE.

    A market expert believes that the Iranian share exchange market can expand by 30 percent by the end of the present Iranian calendar year (March 20, 2023).

    In a meeting with IRNA on May 8, Ahmad Eshtiaqi mentioned the expansion of the share market index and the aspects impacting it and stated: “It seems that the shares of companies still have room for growth and according to the forecasts, the stock market can grow by about 30 percent by the end of the year, but this growth will be gradual and slow.”

    MENAFN09062022000045014228ID1104347702

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