The Tehran Stock Exchange said its benchmark Tedpix index, the world’s second-best performing equity index in the first half of 2010, exceeded 16,000 for the first time in its 43-year history.
The index closed at 16,078 today, up from 12,536 since March 17, the last business day in the previous Iranian year, according to the TSE’s website.
The exchange, founded in 1967, lists 337 companies with a total value of 759 trillion Iranian rials ($76 billion). An average of 9,886 trades were completed per day in the Iranian month of Khordad, which ended June 21, according to data on the exchange’s website."
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