TEDPIX increases over 2,500 points at Wednesday’s end| MENAFN.COM

Saturday, 26 November 2022 06:48 GMT

TEDPIX increases over 2,500 points at Wednesday’s end


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), saw a rise of 2,533 points to 1.41 million on Wednesday.

According to reports, more than 7.424 billion securities valued at 38.77 trillion rials (nearly USD133.6 million) were exchanged at the TSE.

The first market’s index earned 2,842 points, whereas the second market’s index added 2,047 points.

TEDPIX surged 8,000 points to 1.413 million points in the last Iranian calendar week (closed on Friday).

The index had jumped 131,000 points (10.21 percent) to 1.414 million points in the Iranian calendar week closed on the 11th of November.

In line with the reports, it was the peakiest weekly surge throughout the ongoing Iranian calendar year (started on March 21).

Following a long span of time of decrease, the share market transactions finally came back to the rising cycle from the last two weeks and within the effect of the verdicts taken by the administration as well as the Securities and Exchange Organization (SEO), and surged the hope of stockholders to finance once more in this market as well as to gain a reasonable gain from it.

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