Business And Markets

TEDPIX Registers 71% Growth

TEDPIX Registers 71% GrowthTEDPIX 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. 
About 632.17 billion shares valued 2,178.90 trillion rials ($18.94 billion) were traded in the trading days.  Shares were traded in more than 55.70 million deals, according to IBENA.
A total of 61.4 million securities worth 59.57 trillion rials ($518.06 million) were traded in almost 16,885 deals in the debt market, where participatory bonds, certificates of deposit and Islamic sukuk securities are traded.
In the derivatives market, where financial instruments like futures contracts are traded, more than 1 trillion rials ($8.72 million) worth of contracts changed hands in more than 60,077 deals.
The number of traded contracts in the derivatives market during the period stood at 212.96 million.
About 12.8 billion units of exchange-traded funds worth 135.12 trillion rials ($1.17 billion) were traded in TSE, during the aforementioned period.
The traded ETF units changed hands in more than 430,385 deals.
ETF is a basket of securities traded on an exchange similar to stocks. A basket of shares represents an ETF unit. There are 39 active ETFs operating in Iran’s capital market.

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