Iran: TSE’s key index declines 865 points


(MENAFN) On Monday, Dec. 6 more than 4.849 billion securities valued at around USD685.095 million were exchanged at the TSE.

The initial index of the market was short of 2,092 points, whereas the second market’s index increased 2,849 points.

Iranian official of Securities and Exchange Organization (SEO) lately mentioned the regime is going after fresh methods to evade pre-ordered rating in the stock market in the future.

November 14, Majid Eshqi declared, “The government's policy, in the long run, is to avoid pre-ordered pricing. This policy has been repeatedly stressed by the president and the government's economic team and has been placed on the government's agenda.”

As he reported, supply and demand must be the sole element in choosing the cost of a share.

Eshqi noted, “We need to move away from imperative policies so that companies can be profitable in the long-term.”

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