INSUBCONTINENT EXCLUSIVE:
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 39,059 points to 1.571 million on Monday.As reported, over 8.432
by the 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
according to the forecasts, the stock market can grow by about 30 percent by the end of the year, but this growth will be gradual and
companies' stock, so when 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
of the 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
