Baku, Azerbaijan, Feb. Mar. 19
By Rahim Zamanov - Trend:
Tehran Stock Exchange's main index (TEPIX) increased by 100 units on Wednesday, reaching 79,015 units, Iran's Fars News Agency reported on Mar. 19 which is the last working day of the current Iranian year .
The first market's index also faced a 128-unit rise and stood at 58,606 units.
The second market's index with a 370-unit rise stood at 152,441 units.
The main index of Tehran Stock Exchange (TEPIX) started the current Iranian calendar year which began on March 21, 2013, with a surprising rise, but faced a disappointing fall in the past eight weeks. TEPIX had surpassed 89,500 a little less than two months ago.
The IRNA News Agency reported on December 15, 2013, that the Tehran Stock Exchange's efficiency ratio has increased by 128 per cent since the beginning of the current Iranian calendar year which started onMarch 21.
TSE's main index (TEPIX) had hit 39,000 units on the second working day of the current Iranian calendar year (started on March 21).
Founded in 1967, the Tehran Stock Exchange 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 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 an association of 52 regulated exchanges around the world which aims to develop and promote standards in the markets.
Edited by S.M.