(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), increased 3,912 points to 1.511 million on Tuesday’s end.
As mentioned in reports, more than 6.138 billion securities valued at 43.52 trillion rials (nearly USD155.42 million) were exchanged at the TSE.
The first market’s index surged 3,544 points, and the second market’s index earned 5,771 points.
TSE is on the four Iranian share exchanges, the additional three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), as well as Iran’s over-the-counter (OTC) market, identified as Iran Fara Bourse (IFB).
Iranian share market has been struggling for months to get back on track, however numerous domestic and external aspects have been impacting this market from getting to its true potential.
Highlighting that these aspects have impacted the mindset of the stockholders and led everyone to stay away from the market, Halalat stated that “Considering internal factors, the country’s major automakers play an important role in the stock market and have a great psychological impact; And since their privatization process has not been realized yet, the validity of the entire project has become questionable.”
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