Business And Markets

TEDPIX at 27-Month High 

TEDPIX at 27-Month High 
TEDPIX at 27-Month High 

Tehran Stock Exchange's main index, TEDPIX, gained 70,917.38 points or 4.5% on Wednesday to end at 1,647,314.51, the highest since September 2020, the TSE website reported. 
Possibility of taxing capital gain is seen as the main contributing factor behind the rare growth, market observers say. In their view the tax can help attract investors from parallel markets such as gold and currency to the long-struggling capital market. 
Auto sales via the Iran Mercantile Exchange is also seen as having a positive impact on TEDPIX. 


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