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  • 13-06-22

    Iran’s TEDPIX closes Sunday with 14,000 points increases

    (MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE) earned 14,091 points to 1.532 million on Sunday.

    More than 6.724 billion securities valued at 46.296 trillion rials (nearly USD171.46 million) were exchanged at the TSE.

    The initial market’s index increased 11,217 points and the second market’s index rose 25,601 points.

    On April 3, a market forecaster stated to IRNA that TEDPIX is anticipated to follow a mild rising trend in the present Iranian calendar year 1401 (started on March 21).

    Ali Teymouri stated that “The capital market index experienced a significant decline in [the Iranian calendar year] 1399 (ended on March 20, 2021) and the transactions at this market also undergone some correction in the previous year. Therefore, it seems that given the relative stability of macroeconomic variables, we will see a slight growth in the market index during the current year.”

    MENAFN13062022000045014228ID1104364239

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