Tehran Stock Exchange breaks records
Azerbaijan, Baku, Oct.13/ Trend R.Zamanov /
With surpassing a 1,000-unit rise, the main index of Tehran Stock Exchange (TEPIX) broke its all-time record. It surpassed 70,000 units.
Iran's capital market value also surpassed 3,345 trillion rials (about $108 billion based on the USD rate at the free market), the Fars News Agency reported.
It was reported last week that Tehran Stock Exchange's efficiency ratio is around 76.13 percent.
TSE's main index (TEPIX) hit 39,000 units in the second working day of the current Iranian calendar year (which started on March 21).
Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets recently 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 also ranked second among all members of the World Federation of Exchanges (WFE).
The WFE is the association of 52 regulated exchanges around the world which aims to develop and promote standards at the markets.