Iran capital market trade value hit $40b

Iran capital market trade value reached some 400 trillion rials (around $40 billion) in the last Iranian calendar year (ended March 20, 2010), the head of Securities and Exchange Organization of Iran said here on Sunday, Mehr News reported.

Ali Saleh-Abadi added that the value showed a 13 billion dollars growth in comparison to the year before.

The Tehran Stock Exchange is Iran’s largest stock exchange. It is a full member of the World Federation of Exchanges and a founding member of the Federation of Euro-Asian Stock Exchanges. TSE has been one of the world’s best performing stock exchanges in recent years.

Iran capital market showed a very hike growth in recent years. Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.

The TSE's annual growth rate of main indices was also ranked as the second best among all members of the World Federation of Exchanges (WFE).


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