TSE issues 128% more trading codes yr/yr

April 23, 2019

TEHRAN- The number of trading codes issued at Tehran Stock Exchange (TSE) rose 128 percent in the past Iranian calendar year (ended on March 20, 2019) compared to its previous year, TSE Head Ali Sahraei announced.

The official made the remarks in a press conference held on the sidelines of 12th International Exhibition of Exchange, Banks and Insurance of Iran (IRAN FINEX 2019) which kicked off at Tehran Permanent International Fairgrounds on Monday, Mehr news agency reported.

Sahraei said some 327,000 trading codes have been issued at the TSE during the past year.

He also highlighted that TSE’s net profit in the previous year equaled its total net profit over three preceding years.

TEDPIX, the main index of TSE, which stood at 96,000 points at the beginning of the past year, climbed to 178,659 points at the yearend, which indicates an 86-percent growth year on year, the official further announced and said that this high growth shows the proper performance of all companies.

IRAN FINEX is the most prestigious event concentrating on finance industries in Iran. It is the most important event in this field in the region that brings together all the companies operating in the financial sector under the same roof.

In this edition of the four-day exhibition, the latest achievements of banking industry, insurance, and capital market is being showcased.

MA/MA

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