TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 1,156 points to 1.303 million on Monday.

As reported, over 3.802 billion securities worth 18.856 trillion rials (about $65 million) were traded at the TSE.

The first market’s index rose 627 points, while the second market’s index lost 6,769 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