INSUBCONTINENT EXCLUSIVE:
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 800 points to 1.543 million on Wednesday.As reported, securities worth
35 trillion rials (about $134.6 million) were traded at the TSE on Wednesday, IRIB reported.TEDPIX is expected to follow a mild upward trend
a significant decline 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.In the last few months of last year,
the capital market experienced some turbulence due to the ambiguities about the outcomes of the Vienna talks.MA/MA
