Tehran Stock Exchange rises 157% in 11 months

Financial Tribune – The main index of Tehran Stock Exchange, TEDPIX, rose 280,420 points, or 156.9%, since the beginning of the current fiscal year that ends in March until the end of last trading session on Wednesday (Feb 12).

About 3,960.28 trillion rials ($28.69 billion) worth of shares and securities were traded in more than 90.2 million deals in the market in the period.

The number of shares and securities traded in 214 trading sessions reached 961.21 billion, the Securities and Exchange News Agency reported.

In the debt market, where participatory bonds, certificates of deposit and Islamic sukuk securities are traded, more than 79.8 million securities valued 77.32 trillion rials ($560.29 million) were traded in 25,987 deals.

In the mentioned period, a total of 217.02 million future contracts worth 1.9 trillion rials ($13.8 million) were traded in 115,639 deals in the derivatives market.

Likewise, investors traded more than 26.12 billion units of exchange-traded funds in 824,356 deals .

The total value of ETF units traded stood at 272.54 trillion rials ($1.97 billion). There are currently 42 ETFs operating in the Iran’s capital market.

ETF is a basket of securities traded on an exchange similar to stocks. A basket of shares represents an ETF unit.