TEDPIX closes Tuesday’s session 4,200 points lower


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), decreased 4,199 points to 1.409 million on Tuesday.

As mentioned in reports, more than 6.395 billion securities valued at 35.123 trillion rials (nearly USD121.1 million) were exchanged at the TSE.

The first market’s index dropped 3,435 points, and the second market’s index fell 7,341 points.

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

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

As mentioned in reports, it was the peakiest weekly surge throughout the present Iranian calendar year (began 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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