TEDPIX surpasses 1.6m points after 20 months

INSUBCONTINENT EXCLUSIVE:
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), surpasses 1.6 million points after 20 months on Tuesday.The index gained
22,225 points to 1,606,025 during the Tuesday trades.As published on the website of Tehran Stock Exchange (TSE), 58.919 billion securities
worth 351.381 trillion rials (about $1.171 billion) were traded at the exchange during the past Iranian calendar week (ended on Friday, May
major stock exchange, during the week ended on May 6.TEDPIX rose 145,000 points (10.5 percent) in the past Iranian month Farvardin, the
first month of the Iranian calendar year (March 21-April 20).TEDPIX is expected to follow a mild upward trend in the current Iranian
in [the Iranian calendar year] 1399 (ended on March 20, 2021) and the transactions at this market also undergone some correction in the
previous year
Therefore, it seems that given the relative stability of macroeconomic variables, we will see a slight growth in the market index during the
issues, as well as government and central bank exchange rate policies following a possible nuclear agreement.Transparency in the economic
policies of the new government, as well as the resolution of issues related to the nuclear deal, can create stable conditions for the
country's economy, which can in return ensure a good outlook for the capital market, the analyst added.MA/MA