TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 18,523 points (0.89 percent) to 2,060,022 on Saturday, which is the first day of the Iranian calendar week.

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). 

Earlier this month, the head of Iran’s Securities and Exchange Organization (SEO) said his organization is following new plans to increase the role of the country’s private sector in the stock market.

Referring to the significant role of the private sector in financing production companies, Majid Eshqi said: “Increasing the role of the private sector in the stock market is one of the serious plans of the Securities and Exchange Organization.”

He stated that some measures have been taken to increase the real role of the private sector in the capital market in the last few years, adding that the role of the real private sector has also increased in relation to financing through debt securities compared to the past.

“Considering the emphasis of the Leader of the Islamic Revolution, we will do our best to increase the share of the real private sector in areas like financing and acceptance in the capital market,” Eshqi elaborated.

MA