TEDPIX records 6,500 points declines at Wednesday’s end| MENAFN.COM

Wednesday, 01 February 2023 06:44 GMT

TEDPIX records 6,500 points declines at Wednesday’s end


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), decreased 6,579 points (0.47 percent) on Wednesday.

As mentioned by reports, the index ended at 1.402 million points at the closing of the Wednesday exchanges.

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 surged 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 reports, it was the peakiest weekly surge throughout the ongoing Iranian calendar year (started on 21st of March).

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.

MENAFN08122022000045014228ID1105283223


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.