Economy, Business And Markets

TSE Records All-Time High Monthly Growth

TEDPIX ended the month to Aug. 22 about 25.8% higher to 136,960.6, as Iran Fara Bourse’s main index, IFX, gained 27.1% to 1553.27
TSE Records All-Time High Monthly Growth
TSE Records All-Time High Monthly Growth
TEDPIX grew 4% on Aug. 6 to register both its highest-ever daily growth and new historic high

The last Iranian month (ended Aug. 22) was replete with good news for the stock market, as Tehran Stock Exchange's main index, TEDPIX, rose to the unprecedented height of 136,960.6, registering a record monthly growth of 25.8%.
Iran Fara Bourse's main index, IFX, gained 331.27 points or 27.1% to close the month at a record high of 1,553.27.
During the period, the stock market showed significant reactions to developments in Iran's currency and commodity markets. Recent shocks to the economy have made forecasting and analysis difficult, and news are the only cues to follow.


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