TEHRAN- After several days of drop, TEDPIX, the main index of Tehran Stock Exchange (TSE), climbed 1,452 points on Tuesday.

As reported, the index closed at 1.312 million points at the end of Tuesday's trades.

Over 4.206 billion securities worth 28.013 trillion rials (about $96.5 million) were traded at the TSE.

The first market’s index rose 615 points and the second market’s index gained 4,281 points.

TEDPIX gained over 7,000 points in the past Iranian calendar week (ended on Friday).

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