TEDPIX falls 1,800 points on Wednesday

INSUBCONTINENT EXCLUSIVE:
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 1,840 points to 1.439 million on Wednesday.As reported, 4.677 billion
reported, 32.361 billion securities worth 219.753 trillion rials (about $784.83 million) were traded through 1.741 deals at the TSE in the
past week.The number and value of traded securities dropped 20.4 percent and 5.4 percent, respectively, while the number of deals fell 7.18
Securities and Exchange Organization (SEO) Majid Eshqi has said the guidelines and regulations related to market-making activities at Tehran
Stock Exchange should be amended.Speaking at a meeting of the Iran Chamber of Commerce, Industries, Mining and Agriculture (ICCIMA) Stock
Market Committee on Monday (August 22), Eshqi also emphasized the need to introduce more goods to the Iran Merchandise Exchange (IME), and
to stop interference in the stock market.During the meeting, the members of the mentioned committee and the SEO head discussed recent issues
in the stock market and exchanged ideas for resolving such issues.Regarding the activities of market makers, the attendees underlined the
need for revising market-making guidelines and stressed the importance of defining a transparent income system for this sector.Creating the
necessary technical infrastructure for the implementation of algorithmic transactions in the capital market and holding think-tank meetings
between market supervisors and market makers were also among the topics discussed at the mentioned meeting.MA/MA