Big jump of TEDPIX in a day

September 13, 2018

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) jumped 6,483 points to end Wednesday trade at 155,061, Tasnim news agency reported.

As reported, 3.369 billion shares worth 11.39 trillion rials (about $271 million) were traded through 219,000 deals in the stock market.

Also, IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 75 points to 1,771 on Wednesday, as 1.112 billion securities worth 8.76 trillion rials (about $208.5 million) were traded through 108,000 deals.

The rising trend of TEDPIX began on June 13, which was named ‘Golden Wednesday of Stock Market’, when TEDPIX gained 2,767 points to stand at 99.146 points.

Then on June 17, players in Iran’s capital market witnessed a historical record in growth of TEDPIX which gained 3,306 points to hit 102,452 points, something unprecedented in the 50-year history of the country’s stock market.

MA/MA

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