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TSE Market Cap Up 88.6% in 5 Years

Jun 19, 2017, 7:47 AM
News ID: 16229

EghtesadOnline: Tehran Stock Exchange’s total market capitalization grew 88.6% during the five years to March 2017 to reach 3.32 quadrillion rials ($88.96 billion).

The market’s total trade volume and number of transactions also jumped 221% and 300% during the period to 275 billion shares and 15 million sales respectively during the same period, Securities and Exchange News Agency reported.

TSE’s main index, TEDPIX, rose 101.1% from 38,408 to 77,230 and the exchange’s average P/E ratio grew from 5.35 to 6.84 by 2017 over the five years, according to Financial Tribune.