TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 21,284 points to 1.668 million on Tuesday.

As reported, over 17.78 billion securities worth 105.815 trillion rials (about $278.4 million) were traded at the TSE.

The first market’s index rose 20,892 points, and the second market’s index climbed 26,483 points.

TEDPIX lost 68,000 points to 1.579 million in the past Iranian calendar week (ended on Friday).

The index has risen 87,603 points (6.22 percent) to 1.496 million points in the previous Iranian calendar month Azar (ended on December 21).

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).

Iranian government has allocated 150 trillion rials (about $394.7 million) to the country’s Capital Market Stabilization and Development Fund (CMSDF) in the budget bill for the next Iranian calendar year 1402 (begins on March 21) to support small shareholders, Tasnim news agency reported on January 1.

As reported, the government has decided to supply the mentioned fund from the shares of state-owned companies to protect small shareholders against the risks of the capital market.

MA/MA