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Tehran Stock Exchange main index hits record increase on nuclear deal

Business Materials 5 April 2015 17:02 (UTC +04:00)

Baku, Azerbaijan, Apr.5

By Fatih Karimov - Trend: Tehran Stock Exchange main index (TEPIX) rose for the second consecutive day on April 5 and hit 70,261 after Iran and world powers agreed on an outline for an Iran nuclear deal.

Over 1.279 billion shares, worth about $117 million, were traded. The capital market value hit $112 billion, according to the Tehran Stock Exchange website.

Founded in 1967, the Tehran Stock Exchange (TSE) has been one of the world's best performing stock markets in recent years and ranked as the best bourse index in Europe, Africa, and the Middle East in 2010 in terms of performance of the main index.

The TSE's annual growth rate of main indices also ranked second among all members of the World Federation of Exchanges (WFE) in 2010.

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