Economy, Business And Markets

TSE Market Cap at $83.7b

TSE Market Cap at $83.7bTSE Market Cap at $83.7b

Tehran Stock Exchange now has a market cap of 3.1 quadrillion rials ($83.7 billion at market exchange rate), according to its chief executive, Hassan Qalibaf-Asl.

His comment comes as TSE’s main index, TEDPIX, is near two-year lows and most analysts interviewed by Financial Tribune expect the market to stagnate in the short- to medium-term.