(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), saw a decline of 33,859 points (2.4 percent) in the last Iranian calendar week (ended on Friday).
According to what was reported the index ended at 1,355,240 points at the close of the week.
TSE is one of the four Iranian shares 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).
Extraordinary fluctuations in the Iranian share market throughout the last several months have caused shareholders, specialists, and scholars to call for the administration to surge its backing for the market.
After the surging worries around the market situation, in early April, the Government Economic Coordination Headquarters, in its 216th conference, accepted some new commands for regulating the share market.
“In the future, we will see the improvement of the trading situation and the reduction of the fluctuations in this market,” Mohsen Yeganeh informed IRNA on the 17th of August.
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.