Tehran, Iran, April 22
By Milad Fashtami - Trend:
After several says of falling, Tehran Stock Exchange's main index (TEPIX) increased by 699 units on April 22, standing at 75,735 units.
The first market's index also faced a 652-unit rise and stood at 56,795 units.
The second market's index with a 641-unit increase hit 142,856 units.
The main index of Tehran Stock Exchange (TEPIX) started the previous Iranian calendar year (which started on March 21, 2013) with a surprising rise, but faced a disappointing fall in the last two months of the year.
TEPIX stood at 39,000 units in the second working day of the previous year, but surpassed 89,500 units in the tenth calendar month.
Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.
The TSE's annual growth rate of main indices was also ranked as the second best among all members of the World Federation of Exchanges (WFE).
The WFE is the association of 52 regulated exchanges around the world which aims to develop and promote standards in markets.