TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 11,739 points to 1.426 million on Saturday.

As reported, over 8.885 billion securities worth 58.075 trillion rials (about $200.2 million) were traded at the TSE.

The first market’s index rose 10,279 points, and the second market’s index gained 18,425 points.

TEDPIX rose 131,000 points (10.21 percent) to 1.414 million points in the past Iranian calendar week (ended on Friday).

As reported, it was the highest weekly rise during the current Iranian calendar year (began on March 21).

After a long period of decline, the stock market transactions finally returned to the upward cycle from the last two weeks and under the influence of the decisions taken by the government and the Securities and Exchange Organization (SEO), and increased the hope of shareholders to invest again in this market and obtain a reasonable return from it.

MA/MA