TEDPIX gains 8,700 points on Sunday

August 1, 2021 - 15:50

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), increased 8,786 points to 1.36 million on Sunday.

As reported, over 6.993 billion securities worth 55,209 trillion rials (about $1.314 billion) were traded at the TSE on Sunday.

The first market’s index rose 4,906 points, and the second market’s index increased 22,475 points.

TEDPIX had risen 5,000 points in the past Iranian calendar week.

The index closed at 1.316 million points on Wednesday (the last working day of the week).

During the past week, the indices of Civil Servants Pension Fund (CSPF), Social Security Investment Company, and Barekat Pharmaceutical Group were the most widely followed indices

A capital market analyst says that TEDPIX is going to improve in the second half of the current Iranian calendar month (ends on August 22).

Mehdi Bayat-Manesh noted that considering the current trend of capital inflow into the market TEDPIX is expected to rise in the current month.

MA/MA

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