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TSE efficiency ratio hits 91 per cent

Business Materials 18 October 2013 16:08 (UTC +04:00)
Tehran Stock Exchange’s efficiency ratio rose by 6.29 per cent in the week to October 15.

Azerbaijan, Baku, Oct.18/ Trend R.Zamanov

Tehran Stock Exchange's efficiency ratio rose by 6.29 per cent in the week to October 15.

TSE's efficiency is now 91 per cent, the IRNANews Agency reported.

The on-going surge of the Tehran Stock Exchange (TEPIX) main index continued in the same week, reaching to 72,766 units.
TSE's main index (TEPIX) had hit 39,000 units in the second working day of the current Iranian calendar year (started 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 the association of 52 regulated exchanges around the world which aims to develop and promote standards in markets.

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