Tehran Stock Exchange Ends 286 Units Higher
TEHRAN (Tasnim) – Iran’s main share index increased by 286 units on Saturday, the first working day this week, continuing the upward trend over the past few weeks.
The Tehran Stock Exchange Index (TEDPIX) increased by 286 units to close at 65.542 points, data released by the TSE showed on Saturday.
The recent gains in the Tehran Stock Exchange come against the backdrop of a surge in foreign investment in Iran’s capital market.
TSE opened in February 1967. During its first year of activity, only six companies were listed in TSE. Then Government bonds and certain State-baked certificate were traded in the market.
The Tehran Stock Exchange has come a long way. It has evolved into an exciting and growing marketplace where individual and institutional investor trade securities of over 420 companies.
TSE, which is a founding member of the Federation of Euro-Asian Stock Exchanges, is seen as one of the world's best performing stock exchanges in the years 2002 through 2013.