TEDPIX falls 2.4 percent in 7 days


(MENAFN) TEDPIX, the top index of Tehran Stock Exchange (TSE), fell 33,859 points (2.4 percent) in the previous Iranian calendar week (ended on Friday).

As stated the index ended at 1,355,240 points at the end of the week.

TSE is one of the four Iranian share exchanges, the other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB).

Exceptional fluctuations in the Iranian stock market over the previous few months have led stockholders, experts, and scholars to call for the administration to rise its support for the market.

After the high worries over the market conditions, in early April, the Government Economic Coordination Headquarters, in its 216th conference, agreed on some new directives for managing the share market.

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