TSE’s benchmark index surges 7,000 points in 1 week


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), saw a surge of 7,000 points (0.5 percent) to stand at 1.417 million points in the last Iranian calendar week (closed on Friday).

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

According to 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.

As mentioned in reports, TEDPIX has jumped 99,638 points (7.61 percent) in the prior Iranian calendar month Aban (closed on the 21st of November).

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