TEDPIX rises nearly 18,000 points on Tuesday

November 8, 2022 - 15:25

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 17,987 points to 1.407 million on Tuesday.

As reported, over 13.636 billion securities worth 70.082 trillion rials (about $241.6 million) were traded at the TSE.

The first market’s index rose 13,873 points, and the second market’s index gained 34,053 points.

TEDPIX gained 43,000 points to 1.283 million in the past Iranian calendar week (ended on Friday).

TSE is one of the four Iranian stock exchanges, and the most important one. 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).

Iran’s Securities and Exchange Organization (SEO) has unveiled a comprehensive support package to encourage activities in the capital market as shareholders are getting reluctant to invest in the market.

As announced by the SEO Office of Public Relations, one of the major measures considered in this package is the insurance of shareholders’ capital and dividends over the next year.

MA/MA

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