Tehran Stock Exchange main index falls 248 points

Business Materials 5 May 2015 17:09 (UTC +04:00)

Baku, Azerbaijan, May 5

By Fatih Karimov - Trend: The Tehran Stock Exchange main index (TEPIX) fell by 248 points on May 5 compared to the day before and stood at 64,168, according to the tse.ir website.

The main and the secondary market indices fell by 238 points and 134 points, respectively, standing at 46,569 and 130,706 points, respectively.

Over 402 million shares, worth about $35 million, were traded.

TEPIX rose on April 29 after seven days of decline and stood at 65,634.

The fall in TEPIX came after it soared in the wake of the nuclear agreement between Iran and the P5+1 group in Lausanne.

Founded in 1967, the Tehran Stock Exchange (TSE) 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 the 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) in 2010.

Edited by CN