TEDPIX drops 17,000 points on Sunday

February 5, 2023 - 15:16

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 17,059 points to 1.54 million on Sunday.

As reported, over 9.551 billion securities worth 57.164 trillion rials (about $143 million) were traded at the TSE.

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 $375 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.


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