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Tehran Stock Exchange main index falls 538 points

Business Materials 9 May 2015 17:17 (UTC +04:00)

Baku, Azerbaijan, May 9

By Fatih Karimov - Trend: The Tehran Stock Exchange main index (TEPIX) fell by 538 points on May 9 compared to the previous working day and stood at 63,530, according to the tse.ir website.

The main market index fell by 582 points, while the secondary market rose by 111 points.

Over 762 million shares, worth about $73 million, were traded.

The capital market value hit $102 billion.
The USD official exchange rate is about 28,000 rials in Iran.

TEPIX rose on April 29 after seven days of decline and stood at 65,634.

The 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.

Edited by CN

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