TEPIXTehran Price Index
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Rises in excess of 50% were commonplace during the first half of the year before a bout of profit taking kicked in, although Saudi Arabia's TASI, Iran's Tepix, Egypt's Hermes and Kuwait's KSE all made substantial gains, in excess of 10%, during the second half of the year.
The TEPIX index for the stock market reached a high of 89,501 last January 5.
The TEPIX, the TSE index, hit a new high on Christmas Day of 88,191.
The growth spurt in the TEPIX index actually started in August 2012, ending 1 1/2 years with the index stagnant around 25,000.
The stock exchange's TEPIX index passed the 40,000 mark for the first time April 3 and recorded a record high of 40,151 that day.
This week, it proclaimed, "The main index of the Tehran StockExchange, TEPIX, has soared to a new high, despite the US-led sanctions imposed on the Islamic Republic of Iran." That very niftily put a political cast on a financial story.
The TSE's TEPIX index then hit a high of 13,880 early in August 2004.
The exchange's TEPIX index closed at 8,888 Saturday.
The TEPIX index has sunk 35 percent over the past six months, trading at 8,390 points on Tuesday, compared with a 2008 peak of 12,918 in July.
The Tehran Stock Exchange (TSE) is now in a steep plunge and losing value like most other stock exchanges around the world; the exchange's TEPIX index dropped below 9,000 Sunday and is now at its lowest level in more than five years.
The Tehran Stock Exchange's TEPIX index fell below 10,000 Tuesday for the first time this Persian year.
The TSE's TEPIX index stood at 12,132 on August 31.