Business And Markets

TEDPIX Weekly Growth: 0.45%

TEDPIX Weekly Growth: 0.45%
TEDPIX Weekly Growth: 0.45%

Tehran’s share market last week registered slight growth, putting an end to a string of weekly declines. 
Tehran Stock Exchange main index, TEDPIX, gained 5,937 points or 0.45% in the week to end at 1,319,790.
Trading at TSE starts on Saturday and ends Wednesday.
About 25.9 billion shares worth 160.338 trillion rials ($505.9 million) changed hands at TSE during the week, indicating 11.8% increase in volume and 12.9% growth in value. 
The TSE’s equal-weighted index was down 0.02% during the week. 
Net capital outflow by retail investors jumped 66% on the week before amounting to 13.5 trillion rials ($42.6 million) in five trading sessions, lower than previous week's 15.5 trillion rials. 
Capital outflow has raised alarm about the liquidity crunch in the share market due to the increasing aversion of retail traders to put money in the share market. 
Average daily retail trade reached 11 trillion rials, significantly lower than previous weeks. Iran Fara Bourse main index, IFX, also registered 0.29% growth during the week.

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