Tehran Stock Exchange main index up 41.5 units
Baku, Azerbaijan, Feb. 3
By Fatih Karimov - Trend: Tehran Stock Exchange main index (TEPIX) rose 41.5 units on Feb. 3 and stood at 65,597 points.
Some 1050 billion rials (about $30 million) of shares were sold on the Tehran Stock Exchange, Iran 's Mehr news agency reported Feb. 3.
The industrial index rose 0.05 percent.
The main market index increased 0.09 percent, while the second market index remained unchanged.
Ali Salehabadi, chairman of the Iranian Securities and Exchange Organization, said in November 2014 that the country's capital market has snapped out of recession.
"Currently some 40-50 billion rials (some $1.25-1.5 million) worth of transactions is being done each day which is a good sign," he explained.
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. The WFE is the association of 52 regulated exchanges around the world, which aims to develop and promote standards in markets.
Edited by CN