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Iran's benchmark stock index falls 29,000 points

Jan 15, 2022 (MENAFN via COMTEX) --

(MENAFN) TEDPIX, the major stock index of Tehran Stock Exchange (TSE), dropped 29,000 (2.1 percent) to reach 1.334 million during the previous Iranian calendar week (ended on Friday).

Throughout last week, the indices of Mobarakeh Steel Firm, Bandar Abbas Oil Refining Corporation, Iran Khodro Corporation, Saipa Corporation, Social Security Investment Corporation, National Copper Corporation, as well as Barekat Pharmaceutical Group were the largely followed indices.

According to IRNA, the government has implemented various new alterations in the national budget bill for the upcoming Iranian calendar year (begins on March 21, 2022) which based on specialists and experts are going to guarantee the stock exchange's steadiness and development in the upcoming years.

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