INSUBCONTINENT EXCLUSIVE:
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 27,647 points to 1.514 million on Monday.As reported, over 8.005 billion
end of the current Iranian calendar year (March 20, 2023).In an interview with IRNA on May 8, Ahmad Eshtiaqi pointed to the growth of the
the shares still have room to grow, the market index will grow as well.The capital market expert further mentioned another factor
influencing the rise of the stock market index and continued: "World prices rose sharply after the Russia and Ukraine war and oil prices
reached more than $100, and this has affected the performance of some companies to some extent."He stated that in addition to the crude oil
prices, the prices of petrochemical products and metals like copper, zinc, and other commodities have risen.Given that the stock market is
commodity-based, therefore, the shares of the companies and refineries also experience significant growth in value, he said.In addition to
the above-mentioned factors, the offering of the shares of major Iranian car companies namely Iran Khodro and Saipa also helped to stimulate
market growth will occur by the end of the fourth Iranian calendar month of Tir (July 22) and will experience a growth of about 20 percent
