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Tehran Stock Exchange rises after 7-day decline

Business Materials 29 April 2015 16:48 (UTC +04:00)

Baku, Azerbaijan, Apr.29

By Fatih Karimov - Trend: The Tehran Stock Exchange main index (TEPIX) rose on April 29 after seven days of decline and stood at 65,634.

TEPIX gained 125 points compared to the day before, Iran 's IRNA news agency reported April 29.

TEPIX fell from 66,828 on April 21 to 65,509 on April 27.

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

Over 282 million shares, worth about $25 million, were traded. The capital market value hit $103 billion.

The main market index fell by 3 points, while the secondary market rose by 859 points, respectively.


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

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