Baku, Azerbaijan, Feb. Mar. 11
By Rahim Zamanov - Trend:
The falling trend of Tehran Stock Exchange's main index (TEPIX) continued on Tuesday.
TEXPIX stood at 76,582 units on Mar. 11, some 636 units less than yesterday.
The first market's index also faced a 434-unit fall and stood at 56,669 units. The second market's index with a 1428-unit fall stood at 148,448 units.
The main index of the Tehran Stock Exchange (TEPIX) started the current Iranian calendar year which began on March 21, 2013 with a surprising rise. 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 128 per cent since the beginning of the current Iranian calendar year.
TSE's main index (TEPIX) had hit 39,000 units on 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 on the markets.
Edited by S.M.