TSE’s main index hits 85,176 units
Baku, Azerbaijan, Dec. 8
By Rahim Zamanov - Trend:
The ongoing surge of the main index of Tehran Stock Exchange (TEPIX) continued on Sunday, the IRIB News Agency reported on December 8.
With a 517-unit rise, TEPIX stood at 85,176 units.
Tehran Stock Exchange's efficiency ratio has increased by 118 per cent since the beginning of the current Iranian calendar year, which started on March 21, the Fars News Agency reported last week.
TSE's main index (TEPIX) had 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 in recent years and has 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.