TEDPIX climbs 16,200 points on Monday

TEDPIX, the main index of the Tehran Stock Exchange (TSE), gained 16,249 points (0.81 percent) to 2,018,192 on Monday.

TEDPIX, the main index of the Tehran Stock Exchange (TSE), gained 16,249 points (0.81 percent) to 2,018,192 on Monday.
TSE is one of the four Iranian stock exchanges, and the most important one. The other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB).

Head of Iran’s Securitas and Exchange Organization (SEO) Majid Eshqi has said that using the capacities of the country’s private sector in the stock market has been one of the main strategies of the organization over the past year.

“One of the main approaches of the Securitas and Exchange Organization during the past year has been to use the power of the private sector, because government entities and the public sector do not have the necessary characteristics for economic prosperity, so we must increase the share of the private sector in the capital market,” Eshqi said in a conference in Khorasan Razavi Province.