TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 1,556 points to 1.558 million on Wednesday.

As reported, over 6.863 billion securities worth 45.615 trillion rials (about $114 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.

MA/MA