TEDPIX gains 7,600 points on Saturday

INSUBCONTINENT EXCLUSIVE:
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 7,671 points to 1.45 million on Saturday.As reported, over 6.766 billion
reported, 32.361 billion securities worth 219.753 trillion rials (about $784.83 million) were traded through 1.741 deals at the TSE in the
past week.The number and value of traded securities dropped 20.4 percent and 5.4 percent, respectively, while the number of deals fell 7.18
analyst, Ashkan Zoudfekr, believes government must support the stock market against other parallel competitors like money and property
attention and determination by the government to regulate and supervise speculative markets has caused liquidity to be guided to such
markets and become idle and unproductive.The expert further stressed that the government needs to formulate a specific strategy for the
capital market to be followed by other institutions