Tehran Stock Exchange Tops Global Markets in Trading Value Growth

EghtesadOnline: Data released by the World Federation of Exchanges place Tehran Stock Exchange at the top of the best-performing stock markets in terms of trading value among WFE members. The data covers performance of global stock markets in 2018.

News ID: ۷۴۶۶۵۸

10 February 2019

According to WEF, the total value of TSE trade in 2018 reached $26.5 billion -- a whopping 112% growth over the corresponding period in 2017, making the TSE the top-performer on the list.

TSE was followed by Kazakhstan’s and Bahrain’s stock markets whose share trading values registered 87.4% and 71% growth respectively in 2018.

Also, Iran Fara Bourse, a smaller Iranian stock market for trading securities in Tehran, ranked fifth on the list and grew 61.8% compared to a year earlier, according to Financial Tribune.

The aggregate value of the deals in the stock markets of  WEF members surpassed $97 trillion. The New York Stock Exchange, NYSE, holds the lion's shares, accounting for $19.3 trillion of the deals followed by the Nasdaq Stock Market and BATS Global Markets which hold $16.7 trillion and $16.03 trillion of the total value of the traded shares, respectively.

In terms of market capitalization (or market value) indicators, TSE witnessed 35% growth over the previous year and ranked fifth on the list. According to the WFE report, by the end of last December the total value of TSE reached $143 billion.

The value of WFE member markets aggregated $74.5 trillion, dominated mainly by NYSE, Nasdaq, and Japan Exchange Group (JPX). NYSE accounted for $20.6 trillion of the market followed by Nasdaq ($9.7 trillion) and JPX ($5.2 trillion).

The TSE’s main index, TEDPIX, registered 69% growth in 2018 and was listed among the five best-performing markets of the WFE.

Additionally, the total value of trade in Iranian investment funds reached $124 million by late last December.