TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 3,311 points to 1.318 million on Monday.

As reported, over 3.513 billion securities worth 19.503 trillion rials (about $70 million) were traded at the TSE.

The first market’s index gained 251 points, while the second market’s index lost 14,727 points.

TSE is one of the four Iranian stock exchanges, the other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB).

Unprecedented fluctuations in the Iranian stock market over the past few months have led shareholders, experts, and scholars to call for the government to increase its support for the market.

Following the rising concerns over the market conditions, in early April, the Government Economic Coordination Headquarters, in its 216th meeting, approved some new directives for regulating the stock market.

MA/MA