ECONOMY   Exchange & Stocks  

TSE value of trades rises 25% in a week

The value of trades at Tehran Stock Exchange (TSE) stood at 50.324 trillion rials (about $1.198 billion) during the past Iranian calendar week (ended on Friday) increasing 25 percent from 42.46 trillion rials (about $1.01 billion) worth of trades in its preceding year, IRIB reported.

As reported, some 13.319 billion securities were traded during the past week, showing 28 percent growth compared to its preceding week.

TEDPIX, the main index of TSE, rose 718 points to 255,446 in the past week which indicates 0.2 percent rise.

The first market index fell 751 points while the second market index gained 7,114 points in that week; price index also increased 197 points.

Based on the already released reports and data, Iran’s exchange markets witnessed fruitful performances and results in the past Iranian calendar year 1397 (ended on March 20, 2019).

Applying new financial instruments in Iranian capital market was another achievements of the exchange markets during the past year, as TSE officially launched “futures” in mid-December 2018 for more risk management and IME launched “option” in early March 2019 in an approach to diversify financing methods for agricultural products.

This progressive trend is also continuing in the current year, as TSE Head Ali Sahraei has recently announced that TSE plans to launch a new market named “prime market” in which the price range for the shares increase.

He said that only companies with a minimum transparency score of 70 (out of 100) and floating stock of at least 25 percent would be accepted in the prime market.

Sahraei also said that there is no difference regarding rules governing market makers in this and other markets, adding that participation of market makers is mandatory in the prime market.

TEDPIX has increased 56,220 points or 20.4 percent to 234,879 during the first quarter of the current Iranian calendar year (March 21-June 21).

As reported, some 258,055 billion securities worth 723.503 trillion rials (about $17.226 billion) were traded through 17.999 million deals at TSE during the three-month period.

News No: 5882
Date: 2019/08/13 - 22:35
News Source: Tehran Times

IME  exchange markets  TEDPIX  Tehran Stock Exchange 


Leave a Comment:


Tehran Stocks Nudge Up

The benchmark of Tehran Stock Exchange TEDPIX gained 619.57 points, or 0.19%, on Tuesday to end trading at 320,814.4.

TEDPIX gains 151 points in a day

TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 151 points to 305,774 on Sunday, IRIB reported.

PMO plans to build 92 vessels by 2021

Iran’s Ports and Maritime Organization (PMO) plans to entrust the country’s private sector with construction of 92 vessels within the next two years, IRIB reported, quoting an official with the organization.

TEDPIX gains 6,233 points in a week

TEDPIX, the main index of Tehran Stock Exchange (TSE), has increase 6,233 points, or 2.08 percent, to 311,230 during the five working days of the past Iranian calendar week (Saturday to Wednesday), Tasnim news agency reported.

Value of trades at IME rises 25% in a week

During weekdays ended on November 28, while 867,603 tons of commodities worth over $857 million were traded at Iran Mercantile Exchange (IME), the trading volume and value experienced a growth of 38 percent and 25 percent, respectively.

TEDPIX Registers 71% Growth

Tehran Stock Exchange’s benchmark, TEDPIX, rose 126,435 points since the beginning of the current fiscal year (March 20) to stand at 307,094 as of November 13, indicating 71.89% growth.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners