The Tehran Stock Exchange reported growth in the ninth month of the current fiscal year, for the second successive month.
In 22 sessions the main index of Tehran Stock Exchange, TEDPIX gained more than 87,603 points surging 6.22% to Dec. 22 to settle at 1,496,201. The benchmark closed 14 sessions in positive territory and seven in the red.
Under the bullish run, the TSE main index gained more than 14% in the first two months of the year before entering the bear market. TEDPIX gained more than 99,638 points and added 7.61% during the month to Nov. 22 to settle at 1,408,595. In the month to Dec. 22 TSE’s equal weighted index gained 10.2%.