TEDPIX rises over 6,000 points on Wednesday

October 12, 2022 - 18:45

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 6,205 points to 1.319 million on Wednesday.

As reported, 5.899 billion securities worth 28.835 trillion rials (about $99.8 million) were traded at the TSE.

The first market’s index rose 5,632 points, while the second market’s index increased 9,199 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.

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