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EghtesadOnline: The World Federation of Exchanges has ranked Tehran Stock Exchange as the seventh best performing exchange in the world.

According to WFE's latest report on its members' performance, TSE's main index, TEDPIX, closed 79,487 at the end of December 2016, which is almost 29% higher than a year earlier.

This performance also placed TSE as the third best-performing exchange in Europe-Africa-Middle East region after the Egyptian Exchange and Bourse de Casablanca.

Total market capitalization of TSE closed at $101 billion in 2016, 16% more than the value at the end of 2015, Financial Tribune reported.

TSE Tehran Stock Exchange World Federation of Exchanges WFE Iran stock market