24 Nov 2024
Saturday 5 January 2019 - 15:30
Story Code : 333375

Tehran stock exchange registers highest growth in Asian markets

Financial Tribune - Latest data by World Federation of Exchanges indicates that by November TSE had a market capitalization of $145.66 billion, registering 72.10% growth year-on-year

While most stock exchanges around the world closed 2018 in the red, Tehran Stock Exchange was ranked the top-performing stock market in Asia.

According to Security and Exchange News Agency, among 100 reviewed indexes, only 27 ended the year with positive returns.

Latest data by World Federation of Exchanges indicates that by November TSE had a market capitalization of $145.66 billion, registering 72.10% growth year-on-year.

The review covered 10 indexes from Africa, 33 from Asia, 41 from Europe, and 16 from Americas.

Four African indexes rose 40%, making the continent the best-performing place for stock markets worldwide.
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