TEDPIX rises 6% in a week
TEDPIX, the main index of Tehran Stock Exchange (TSE), increased six percent during the past Iranian calendar week (ended on Friday).
As reported by IRNA, the index stood at 2.034 million points at the end of the previous week.
The indices of Bank Mellat, National Iranian Copper Industry Company, Iran Khodro Investment Development Company, Ghadir Investment Company, and Bank Saderat were the major contributors to the index’s rise in the past week.
Iranian stock market, which has been experiencing some unprecedented growth in the past Iranian calendar year (ended on March 19), and also during the present year, registered a new record high on August 2.
The main index of the Tehran Stock Exchange, which is Iran’s major stock exchange, surpassed two million points during the trades in the mentioned day and through gaining 45,672 points it stood at 2.007 million, notching up another outstanding record in the current year.
The index had hit the record high of 1.5 million points on June 30, and now we see that it has climbed half a million points in just one month to hit the record high of two million.
source: TehranTimes
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
