Tehran Stock Exchange Rises 0.28% in 1 Week
EghtesadOnline: At the end of Iran’s stock market trading week on Wednesday, the main index of Tehran Stock Exchange, TEDPIX rose 0.28% compared with the reported figure for a week earlier.
The TSE benchmark ended the week at 255,163.3 points on Wednesday, according to the Securities and Exchange News Agency.
The First Market Index was down 751 points, or 0.4% weekly to post 185,911.9. Second Market Index increased by 7,114 points, or 1.4%, to reach 516,835.
During the five-day trading sessions, the total value of TSE trades reached 53.24 trillion rials ($443.7 million) – up 25% in weekly value, Financial Tribune reported.
Trading at TSE starts on Saturday and ends Wednesday.
A total of 13.32 billion securities were traded in more than 1.44 million deals during the week, registering an increase of 25% in the number of securities and 28% growth in number of deals.
During the week, a total of 194 million units of Exchange Traded Funds worth 2.01 trillion rials ($16.75 million) changed hands.
ETF is a basket of securities traded on an exchange similar to stocks. A basket of shares represent a unit of ETF.
In the debt market, where participatory bonds, certificates of deposit and Sukuk are traded, a total of 2.1 million participatory securities worth 2.14 trillion rials ($17.8 million) were traded.