TEDPIX decreases by 2,000 points at Sunday’s end| MENAFN.COM

Sunday, 05 February 2023 07:48 GMT

TEDPIX decreases by 2,000 points at Sunday’s end


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), saw a decline of 2,023 points to stand at 1.406 million on Sunday.

According to reports, more than 6.561 billion securities valued at 33.753 trillion rials (nearly USD116.3 million) were exchanged at the TSE.

The first market’s index fell 2,118 points, while the second market’s index decreased 2,106 points.

TEDPIX plummeted by 3,000 points to 1.410 million in the last Iranian calendar week (closed on Friday).

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

In line with reports, it was the peakiest weekly surge throughout the present 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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