TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 13,539 points to 1.467 million on Saturday.

As reported, over 8.434 billion securities worth 47.857 trillion rials (about $173.3 million) were traded at the TSE.

The first market’s index rose 11,054 points, and the second market’s index gained 23,747 points.

TEDPIX rose 9,000 points to 1.454 million in the past Iranian calendar week (ended on Friday).

As reported, the indices of Iran Khodro Investment Development Company (IKIDO), Social Security Investment Company (SSIC), Iran Khodro Company (IKCO), Saipa Company, and Isfahan Oil Refinery were the mostly followed ones during the past week.

As stated by the head of Iran's Securities and Exchange Organization (SEO), the monthly sales of the shares of companies listed on the Tehran Stock Exchange has been very good in the past Iranian calendar year 1400 (ended on March 20), and it is predicted that the growing trend of the exchanges will continue in the present year as well.

“Considering the general provisions approved in this year's budget bill we expect that companies will have good capital increase and take positive development measures, and it will be easier for investors to make decisions,” Majid Eshqi told the press on March 12.

MA/MA