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Tehran Stock Exchange main index falls 181 points

Business Materials 4 August 2015 16:59 (UTC +04:00)

Tehran, Iran, August 4

By Mehdi Sepahvand -- Trend:

The Tehran Stock Exchange main index (TEPIX) dropped by 181 points to hit 66,445.

559 shares and priorities were sold, which were worth $89 million.

35 thousand transactions were carried out during the workday, the TSE website reported August 4.

The main indices at Iran's Capital Market were also negative for the second consecutive day.

The weight-value index fell by 71 points, fixed weight by 12 points, fixed price by 10 points, free floating by 226 points, first market index by 178 points, and second market index by 88 points.

The market's value of the day also depreciated to about $92.6 billion.

The TSE main index started with 89,500 in 2013. But, it dropped gradually so that it plunged to 61,500 in winter 2014. On the first working day of the current Iranian fiscal year (March 25, 2015) it was 62,885.

TSE trades a range of shares, funds and financial instruments, including Sukuk and Islamic funds. It has not received foreign investment for several years because of sanctions over Iran's nuclear program.

Edited by CN

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