TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 4,235 points to 1.413 million on Monday.

As reported, over 5.713 billion securities worth 29.009 trillion rials (about $100 million) were traded at the TSE.

The first market’s index lost 4,915 points, and the second market’s index dropped 2,911 points.

TEDPIX rose 7,000 points (0.5 percent) to 1.417 million points 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.

As reported, TEDPIX has risen 99,638 points (7.61 percent) in the previous Iranian calendar month Aban (ended on November 21).

Iran’s Securities and Exchange Organization has unveiled a comprehensive support package to encourage activities in the capital market as shareholders were getting reluctant to invest in the market.

As announced by the SEO Office of Public Relations, one of the major measures considered in this package is the insurance of shareholders’ capital and dividends over the next year.

The comprehensive support package of the capital market, which was designed in late October and has been reviewed by the country's economic authorities, was put in effect since October 29.

MA/MA