TEDPIX, IFX rise on Tuesday

December 31, 2019 - 17:16

TEHRAN- On Tuesday, Iran’s stock market experienced growth for the fourth consecutive day since the start of current Iranian week (Saturday).

TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 1,464 points to 377,012 on Tuesday, IRNA reported.

Some 6 billion securities worth 33.012 trillion rials (about $786 million) were reportedly traded at TSE.

As previously announced, TEDPIX rose 49,000 points, or 16.7 percent, to stand at 353,997 points at the end of the past Iranian calendar month of Azar (ends on December 21).

Reportedly, some 82.215 billion securities worth 432.151 trillion rials (about $10.29 billion) were traded through 10.153 million deals at TSE during the previous month, with growth of 61 percent and 76 percent in the number and value of traded securities, respectively, while 71 percent rise in the number of deals.

Iran's over-the-counter (OTC) market known as Iran Fara Bourse (IFB), also witnessed growth of its index on Tuesday.

IFX, the main index of IFB, rose 15 points to 4,946.

Some 2.934 billion securities worth 20.053 trillion rias (about $477.4 million) were traded at IFB on Tuesday.

IFX rose 15 percent in the past Iranian calendar month of Azar, while experiencing a 102-percent rise since the beginning of current Iranian calendar year (March 21, 2019).

The index stood at 4,559 points at the end of the past month.

Value of trades at IFB rose 16 percent in the previous month and 85 percent since the year start.

MA/MA

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