TEDPIX closes Saturday’s session 11,875 points lower to stand at 1.6 million


(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), saw a decline of 11,875 points to reach 1.6 million on Saturday.

According to reports, more than 12.538 billion securities valued at 77.363 trillion rials (around USD193.4 million) were exchanged at the TSE.

The first market’s index fell 9,121 points, and the second market’s index decreased by 22,600 points

TEDPIX lost 75,515 points to 1.611 million in the last Iranian calendar week (closed on Friday).

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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