(MENAFN) TEDPIX, the benchmark index of the Tehran Stock Exchange (TSE), earned 43 points on Monday.
The index ended at 1.463 million points at the close of Monday exchanges, as more than 7.374 billion securities valued at 36.258 trillion rials (around USD130 million) were exchanged at the TSE.
The first market’s index surged 403 points and the second market’s index added 1,388 points.
Tehran Stock Exchange witnessed a jump of 9.5 percent in the worth of its exchanges in the last Iranian calendar week (ended on Friday).
TSE is one of 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, also known as Iran Fara Bourse (IFB).
Senior stock market expert, Ashkan Zoudfekr, believes the administration needs to support the share market versus other similar rivals like money and property markets, the Securities and Exchange News Agency (SENA) mentioned in report issued on Sunday.
Zoudfekr stated that “Considering the fact that the capital market provides liquidity and dynamism to the economy, and is a useful and active part of the country's economic development, strengthening it should become a priority for the government.”
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