TEDPIX closes Tuesday’s session nearly 8,000 points lower
(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), saw a decrease of 7,892 points to stand at 1.646 million on Tuesday.
According to reports, more than 9.151 billion securities valued at 59.82 trillion rials (nearly USD149.55 million) were exchanged at the TSE.
The initial market’s index fell 7,539 points, while the second market’s index decreased 10,494 points
TSE is one of the four Iranian stock exchanges, as well as the most important one. The additional three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), in addition to Iran’s over-the-counter (OTC) market, recognized as Iran Fara Bourse (IFB).
Iranian administration has collected 150 trillion rials (around USD394.7 million) to the nation’s Capital Market Stabilization and Development Fund (CMSDF) in the budget bill for the upcoming Iranian calendar year 1402 (which starts on March 21) to back small stakeholders, Tasnim news agency mentioned in report on the first of January.
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