Iran’s main stock index soars after several days of falling ...| MENAFN.COM

Saturday, 28 May 2022 08:27 GMT

Iran’s main stock index soars after several days of falling


(MENAFN) On Wednesday, TEDPIX, Iran’s major stock index of Tehran Stock Exchange (TSE), jumped 3,539 points to reach 1.279 million after falling for many days in a row.

As stated, 4.549 billion securities valued at 29.592 trillion rials (about USD102.04 million) were exchanged at the stock exchange. The first index of the market plummeted 3,454 points, and the second index of the market tanked 4,444 points.

Moreover, TEDPIX tumbled 29,000 (2.1 percent) to hit 1.334 million during the previous Iranian calendar week (ended on Friday).

Throughout last week, the largely followed indices were of Mobarakeh Steel Corporation, Bandar Abbas Oil Refining Corporation, Iran Khodro Corporation, Saipa Corporation, Social Security Investment Corporation, National Copper Corporation, and Barekat Pharmaceutical Group.

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