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Home Economy Economy News Big jump of TEDPIX in a day

Big jump of TEDPIX in a day

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Big jump of TEDPIX in a day

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) jumped 6,483 points to end Wednesday trade at 155,061, Tasnim news agency reported.

As reported, 3. 369 billion shares worth 11. 39 trillion rials (about $271 million) were traded through 219,000 deals in the stock market.

Also, IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 75 points to 1,771 on Wednesday, as 1. 2 billion securities worth 8. 76 trillion rials (about $208. 5 million) were traded through 108,000 deals.

The rising trend of TEDPIX began on June 13, which was named ‘Golden Wednesday of Stock Market’, when TEDPIX gained 2,767 points to stand at 99. points.

Then on June 17, players in Iran’s capital market witnessed a historical record in growth of TEDPIX which gained 3,306 points to hit 102,452 points, something unprecedented in the 50-year history of the country’s stock market.

 

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Things to Know Before Trip
One of the most important things to remember is that Iranians aren’t Arabs, they’re Persian. They speak Farsi (and other dialects), not Arabic, and some people might feel offended if you great them with Arabic words.
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