TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), dropped 2,719 points to 1.211 million on Tuesday.

The first market’s index dropped 414 points, and the second market’s index fell 10,998 points on Tuesday.

TEDPIX had risen two percent in the past Iranian calendar week.

During the past week, the indices of Iran Khodro Group, Saipa Company, Social Security Investment Company, Tehran Oil Refining Company, and Isfahan Oil Refinery were the most widely followed indices.

After several weeks of drop, TEDPIX could finally register growth in the Iranian calendar week ended on January 29.

The index rose two percent to stand at 1.207 million points in that week.

In early August 2020, when all the major stocks around the world were experiencing serious declines, TEDPIX surpassed two million points.

MA/MA