After recording an 86% return on investment during the previous financial year (ended March 20) for its main index TEDPIX, the Tehran Stock Exchange continues to grow in the Persian New Year.
During the 5 trading days since March 21 followed by Nowrouz holidays, TEDPIX experienced a return of 3.7%, having grown by 6,622 points. An analysis by Financial Tribune's sister publication, the Farsi-language Donyay-e-Eqtesad newspaper, shows that stock investors did not reap benefits on par with people active in the currency and gold market during the past year.
The stock market however offered better returns than the monetary and bond markets and to a large extent the housing sector.
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