TEDPIX closes Wednesday’s session 1,500 points higher| MENAFN.COM

Wednesday, 22 March 2023 03:40 GMT

TEDPIX closes Wednesday’s session 1,500 points higher

(MENAFN) TEDPIX, the benchmark index of Tehran Stock Exchange (TSE), saw a surge of 1,556 points to stand at 1.558 million on Wednesday.

In line with the reports, more than 6.863 billion securities valued at 45.615 trillion rials (around USD114 million) were exchanged at the TSE.

The most significant of the four Iranian stock exchanges is TSE. Iran Energy Exchange (IRENEX), Iran Mercantile Exchange (IME), and Iran's over-the-counter (OTC) market, known as Iran Fara Bourse (IFB)., are the other three.

Iranian government has collected 150 trillion rials (around USD375 million) to the nation’s Capital Market Stabilization and Development Fund (CMSDF) in the budget bill for the upcoming Iranian calendar year 1402 (starts on March 21) to back small shareholders, as reported by Tasnim news agency on January 1.

International benchmark Brent crude exchanged at USD85.20 a barrel as of 9.40 AM regional time (0640 GMT), surging 0.13 percent from the ending price of USD85.09 per barrel in the prior exchange session. 


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