TEDPIX closes Saturday with 348 points added| MENAFN.COM

Friday, 03 February 2023 01:29 GMT

TEDPIX closes Saturday with 348 points added


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), added 348 points to 1.417 million on Saturday.

According to reports, more than 5.558 billion securities valued at 34.857 trillion rials (nearly USD120 million) were exchanged at the TSE.

The first market’s index jumped 3,044 points, and the second market’s index earned 7,94 points.

TEDPIX jumped 7,000 points (0.5 percent) to 1.417 million points in the last Iranian calendar week (closed on Friday).

The index had jumped by 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 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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