TEDPIX skyrockets 20,192 points on Monday


(MENAFN) On Monday TEDPIX, Iran’s benchmark stock index at Tehran Stock Exchange, increased 20,192 points to reach 1.407 million. As announced, more than 6.11 billion securities that value 44.19 trillion rials (about USD1.052 billion) were exchanged at the stock market.

The index of the market increased 15,724 points, and the second market’s index rose 37,746 points. Moreover, TEDPIX jumped 58,000 points (4.1 percent) to hit 1.456 million in the previous Iranian calendar week (ended on Friday).

In last week, the largely followed indices were of Isfahan Refining Firm, National Iranian Copper Industries Corporation, Mobarakeh Steel Firm, Social Security Investment Corporation, Bandar Abbas Refining Firm, Iran Khodro Group, and Saipa Corporation.

Ehsan Khandouzi, Finance and Economic Affairs Minister stated during a conference on November 1 with the envoys of more than 30 main firms active in the capital market, to interchange ideas for settling issues and advancing the economy, that his ministry aims to make the economy more expectable and reduce pricing schemes that are damaging to the capital market and the stock exchange sector.

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