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Tehran Stock Exchange main index falls by 762 units

Iran Materials 25 February 2014 16:26

Baku, Azerbaijan, Feb. 25

By Rahim Zamanov - Trend:

The main index of the Tehran Stock Exchange (TEPIX) declined 762 units on Feb. 25.

TEPIX stood at 80,087 units on Tuesday.

The first market's index also reached 59,653 units, some 613 units less than yesterday.

The second market's index with a 1,216-unit fall stood at 153,188 units.

The main index of the Tehran Stock Exchange (TEPIX) started the current Iranian calendar year (which stated on March 21, 2013) with a surprising rise, however, it has been experiencing a disappointing falling trend in the past five weeks.

TEPIX had surpassed 89,500 a little more than a month ago

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The IRNA News Agency reported on December 15, 2013 that Tehran Stock Exchange's efficiency ratio has increased by 128 per cent since the beginning of the current Iranian calendar year.

TSE's main index (TEPIX) had hit 39,000 units in the second working day of the current Iranian calendar year.

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.

Edited by C.N.

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