Iran's Economy Minister Shamseddin Hosseini said in Tehran today that the city’s stock exchange index grow by 75 percent during the current Iranian calendar year that would end on 21 March.
The total market value of the Tehran Stock Exchange (TSE) passed $100 billion mark this month. Telecommunications, steel, and auto manufacturing are among the TSE's main market movers. TSE was founded in 1967.
Hosseini also said that the government subsidy cuts on energy products has reduced the consumption of gasoline and diesel by 20 percent.
Photo: IRNA file photo of Tehran Stock Exchange