TEDPIX falls 4,000 points on Tuesday

December 6, 2022 - 15:5

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 4,199 points to 1.409 million on Tuesday.

As reported, over 6.395 billion securities worth 35.123 trillion rials (about $121.1 million) were traded at the TSE.

The first market’s index lost 3,435 points, and the second market’s index dropped 7,341 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).

MA/MA