Economy, Business And Markets
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TEDPIX-FX Drama Heightens

Business & Markets Desk
TSE’s main index TEDPIX lost 864 points or 0.9% during the trading week that ended April 11 to close at 96,287, as Iran Fara Bourse’s benchmark index IFX dropped 42.6 points or 3.8% to 1,064.1
Over 4.1 billion shares valued at $215.69 million were traded on TSE during last week, indicating a 281% and 319% growth respectively compared to the week before.Over 4.1 billion shares valued at $215.69 million were traded on TSE during last week, indicating a 281% and 319% growth respectively compared to the week before.

Holidays were truly over for Tehran’s stock market, as the last trading week came to a close on April 11. 
No more limited trade volume, lethargy in anticipation of political risks and creeping growth on the back of a devaluing currency, as traders had their epiphany.
The trading week (April 7-11) proved to be a disruption in the continuous, yet limited growth for stocks kick-started since the new fiscal year’s beginning (March 21).
TSE’s main index TEDPIX lost 864 points or 0.9% during the week to close at 96,287. 
Iran Fara Bourse’s benchmark index IFX dropped 42.6 points or 3.8% to stand at 1,064.1.

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