TEDPIX closes Monday’s session 3,300 points lower

(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), declined 3,311 points to 1.318 million on Monday.

As mentioned in reports, more than 3.513 billion securities valued at 19.503 trillion rials (nearly USD70 million) were exchanged at the TSE.

The first market’s index earned 251 points, whereas the second market’s index saw a decrease of 14,727 points.

TSE is one of the four Iranian stock 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).

Extraordinary instabilities in the Iranian share market during the last few months have caused stockholders, analysts, as well as scholars to urge the administration to surge its backing for the market.

After the rise in worries around the market situations, in early April, the Government Economic Coordination Headquarters, in its 216th gathering, accepted some new orders for regulating the share market.


Legal Disclaimer:
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.