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  • 04-08-22

    TEDPIX closes Wednesday’s session 7,300 points higher

    (MENAFN) TEDPIX, the benchmark index of Tehran share Exchange (TSE), earned 7,338 points on Wednesday.

    According to reports, TEDPIX ended at 1.437 million points, as more than 5.772 billion securities valued at 36.061 trillion rials (around USD129.7 million) were exchanged at the TSE.

    The first market’s index increased 5,497 points, and the second market’s index added 14,403 points.

    TSE is on the four Iranian share exchanges, the additional three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), as well as Iran’s over-the-counter (OTC) market, identified as Iran Fara Bourse (IFB).

    Iranian share market has been suffering for months to get regain its performance, however numerous internal and external aspects have been delaying this market from getting its true potential.

    In line with Market Expert Vahid Halalat, the doubt of the worldwide economy in the wake of the Ukraine conflict, the doubt around the outcomes of nuclear meetings, the uncertain state of the privatization of the nation’s main automakers, and mainly, the deficiency of enough attention paid by the government officials to the stock market are a part of the internal and external aspects that have led the capital market to drop behind other markets like housing.

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