TEDPIX closes Wednesday’s session rising 3,000 points | MENAFN.COM

Friday, 03 February 2023 01:08 GMT

TEDPIX closes Wednesday’s session rising 3,000 points


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), added 3,167 points to 1.417 million on Wednesday.

As mentioned in reports, more than 4.96 billion securities valued at 28.114 trillion rials (around USD97 million) were exchanged at the TSE.

The first market’s index surged 2,627 points, while the second market’s index earned 5,423 points.

TEDPIX decreased 3,000 points to 1.410 million in the previous Iranian calendar week (closed on Friday).

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

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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