Tehran Stock Exchange’s main index beats 74,000 points
Azerbaijan, Baku, Oct.19/ Trend F.Karimov/
With a 1,608-point rise, the main index of the Tehran Stock Exchange (TEPIX) hit 74,375 points today, IRIB reported.
Some 355 million shares, valued at around 2.2 trillion rials (about $88 million based on the US dollar official exchange rate of 24,900 rials) were transacted.
The capital market value also surpassed 3,632 trillion rials (about $145 billion).
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.