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  • 30-06-22

    TEDPIX closes Wednesday’s session with decreases

    (MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), dropped 716 points to 1.513 million on Wednesday.

    As mentioned in reports, more than 6.073 billion securities valued at 36.691 trillion rials (nearly USD122.3 million) were exchanged at the TSE.

    The first market’s index fell 1,046 points, whereas the second market’s index increased 179 points.

    A market expert believes that the Iranian share market has the prospective to expand regardless of the doubt created in the market as a result of some wrong choices.

    Highlighting that there is potential for expansion in the market, Hassan Kazemzadeh stated to ISNA on June 5 that "Given this potential, the market will grow. Of course, there are ups and downs, but no matter how much distrust there is, the changes of major economic factors will affect the market, but this effect takes place gradually and over time.”

    He highlighted that “Although there is a 30 to 40 percent growth potential in the market, even professionals are disappointed.”

    MENAFN30062022000045014228ID1104456554

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