Tehran's stock exchange booms a phenomenal 57%

Tehran's stock exchange booms a phenomenal 57%
2.5 5

Published August 18th, 2013 - 08:10 GMT via SyndiGate.info

Rate Article:

PRINT Send Mail
comment (0)
The TEPIX surpassed 60,000 on Saturday.
The TEPIX surpassed 60,000 on Saturday.
More >
Tehran Stock Exchange
Ali Salehabadi
Iran’s Securities and Exchange Organization
World Federation of Exchanges
Mehr News Agency

The Tehran Stock Exchange main index (TEPIX) has gained around 57 percent since the beginning of the current Iranian calendar year (March 21, 2013). The TEPIX surpassed 60,000 on Saturday, the Mehr News Agency reported.
In January, the chairman of Iran’s Securities and Exchange Organization, Ali Salehabadi, said that the total value of Iran’s capital market, including the Tehran Stock Exchange and the over-the-counter markets, is half of the gross domestic product (GDP).
Founded in 1967, the Tehran Stock Exchange (TSE) has been one of the world's best performing stock markets in recent years and ranked as the best bourse index in Europe, Africa, and the Middle East in 2010 in terms of performance of the main index.
The TSE’s annual growth rate of main indices also ranked second among all members of the World Federation of Exchanges (WFE) in 2010.


© 2013 TehranTimes. All Rights Reserved.

Post new comment

The content of this field is kept private and will not be shown publicly.