November 26, 2022 01:32

Tehran Stocks Register 7.6% Monthly Growth

Market recovery came after the announcement of a major support package by the government at the beginning of the week, which came into effect at the weekend following the more than two-year decline in the main index of Tehran Stock Exchange

Tehran Stock Exchange posted growth during the eighth month of the current fiscal year (started March 21), after registering declines in five successive months.
In 22 sessions, the main index of Tehran Stock Exchange, TEDPIX, gained more than 99,638 points and grew 7.61% during the month to Nov. 22 to settle at 1,408,595. The benchmark closed 15 sessions in positive territory and seven in the red.
Under the bullish run, TSE’s main index gained more than 14% in the first two months of the year before entering the bear market.

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Tehran Stock Exchange