TEDPIX climbs 20,000 points on Monday

December 12, 2022 - 14:33

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 20,012 points to 1.409 million points on Monday.

As reported, over 8.73 billion securities worth 43.358 trillion rials (about $150 million) were traded at the TSE.

The first market’s index rose 20,095 points, and the second market’s index climbed 23,442 points.

TEDPIX lost 15,000 points to 1,402,830 in the past Iranian calendar week (ended on Friday).

The index had risen 131,000 points (10.21 percent) to 1.414 million points in the Iranian calendar week ended on November 11.

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 three 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

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