TEHRAN – TEDPIX, the main index of the Tehran Stock Exchange (TSE), dropped 20,647 points (0.91 percent) to 2,239,099 on Monday, which is the third day of the Iranian calendar week.
TSE is one of the four Iranian stock exchanges, and the most important one. The other three ones are the Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB).
In late April, Head of Iran’s Securities and Exchange Organization (SEO) Majid Eshghi said the organization is determined to support shareholders in the stock market.
Speaking in a meeting attended by economic…