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Tehran Stock Exchange main index drops

Business Materials 21 April 2015 16:23 (UTC +04:00)

Baku, Azerbaijan, Apr.21

By Fatih Karimov - Trend:

The Tehran Stock Exchange main index (TEPIX) fell on April 21 by 188 points and stood at 66,828.

Over 439 million shares, worth about $38 million, were traded. The capital market value hit $105 billion, the Tehran Stock Exchange website reported on April 21.

The main and the secondary market indices fell by 153 points and 271 points, respectively.

The sharp fall in TEPIX came after it soared in the wake of the nuclear agreement between Iran and the P5+1 group in Lausanne.

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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