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Tehran Stock Exchange main index drops to 64,924 points

Business Materials 15 February 2015 16:06 (UTC +04:00)

Baku, Azerbaijan, Feb. 15

By Fatih Karimov - Trend:

Tehran Stock Exchange main index (TEPIX) fell 7 points on Feb. 15 and stood at 64,924 points.

Some 507 million shares, worth 1070 billion rials (about $31 million) were sold on the Tehran Stock Exchange, Iran's IRNA news agency reported on Feb. 15.

The industrial index dropped 5 points.

The main market index rose 75 points, while the second market index fell 546 points.

The capital market's value stood at 2910 trillion rials (about $83 billion).

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 also ranked as the second best among all members of the World Federation of Exchanges.

The WFE is the association of 52 regulated exchanges around the world, which aims to develop and promote standards in markets.

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