Tehran Stock Exchange main index rises after nuclear agreement
Baku, Azerbaijan, Apr.4
By Fatih Karimov - Trend:
Tehran Stock Exchange main index (TEPIX) surged by 2,099 points and stood at 67,827 points on April 4 on news world powers had agreed on an outline for an Iran nuclear deal.
Over 389.3 million shares, worth about $46 million, were traded. The capital market value hit $108 billion, according to the Tehran Stock Exchange website.
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.