TEDPIX drops 7,700 points on Sunday

February 20, 2022 - 14:45

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 7,785 points to 1.274 million on Sunday.

As reported, over 7.441 billion securities worth 52.756 trillion rials (about $202.9 million) were traded at the TSE.

The first market’s index lost 2,941 points, and the second market’s index dropped 24,211 points.

TEDPIX dropped 2,000 points (less than one percent) to 1.282 million in the past Iranian calendar week (ended on Friday).

During the past week, the indices of Mobarakeh Steel Company, Tehran Oil Refining Company, Iran Khodro Company, Saipa Company, and National Iranian Copper Company were the most widely followed ones.

The Money and Capital Market Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted a meeting with Securities and Exchange Organization (SEO) Head Majid Eshqi on January 30 to discuss the capital markets' current issues and challenges.

The meeting was attended by the members of the mentioned committee as well as the representatives of some of the companies active in the stock market.

MA/MA

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