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17-04-23

Tehran Stock Exchange Shows Positive Trend with Record High in TEDPIX

(MENAFN) The Tehran Stock Exchange (TSE) saw a positive trend as the main index, TEDPIX, gained 21,117 points to reach 2.275 million on Sunday. Over 21.913 billion securities worth 148.043 trillion rials were traded at the TSE. Despite experiencing volatile days in the past Iranian calendar year 1401, the stock market is showing signs of prosperity and a positive outlook for the current year.

Experts attribute this positive trend to the government's supportive approach to the capital market, which has had a positive impact on market transactions. As a result, many capital market experts believe that the outlook for investing in the stock market is positive in 1402. Hossein Abdi, a capital market expert, noted that the capital market started the year with a very positive trend, promising good days ahead.

The mistrust of shareholders and their fear of entering their capital into the stock market led to a decrease in liquidity and creating severe fluctuations in the stock market in the past year. However, the government and the Securities and Exchange Organization (SEO) have taken effective measures to restore prosperity and investors' confidence in this market.

The positive trend of the stock market and the record high in TEDPIX on April 4 indicate that the stock exchange transactions in the first three months of this year will provide good returns to shareholders. With the government's supportive approach and effective measures taken to restore confidence in the market, the Tehran Stock Exchange is showing signs of prosperity and growth.
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