Stocks rallied in Tehran on Tuesday as investors tried to buy shares at depressed prices following a week of sluggish performance.
The main index of Tehran Stock Exchange TEDPIX gained 1,961.96 points, or 0.65%, on Tuesday to end trading at 304,688.3.
About 1.95 billion shares valued at 9.43 trillion rials ($78.6 million) changed hands for the day.
Trading at TSE and over-the-counter Iran Fara Bourse starts on Saturday and ends Wednesday.
Iran Construction Investment Company was the biggest winner as its shares went up 9.78% to 12,779 rials per share.
Noosh Mazandaran Company (a food company) incurred the biggest loss among all TSE-listed companies and went down 5% to 54,749 rials per share.
Bandar Abbas Oil Refining Company contributed the most to the benchmark's fall, followed by Tabriz Oil Refining Company, Persian Gulf Petrochemical Industries Company and Tehran Oil Refining Company.
Bank Saderat Iran gave the biggest boost to the benchmark index, followed by Tejarat Bank, Iran Khodro Company (IKCO) and Islamic Republic of Iran Shipping Lines Company.
The Price Index gained 525.63 points, or 0.65%, to close at 81,627.2.
The First Market Index increased by 1,142.18 points, or 0.52%, to post 220,969.2. Second Market Index increased by 5,272.48 points, or 0.86%, to reach 621,766.5.
The Industry Index rose by 1,381.64 points, or 0.51%, to register 273,045.6. The Free Float Index was up 3,431.36 points to hit 354,106.37.
TSE 30 increased by 20.84 points to settle at 13,164.5 and the TSE 50 ended 20.63 points higher to finish at 11,909.7.
IFX Up 1.43%
Iran Fara Bourse main index IFX gained 55.1 points or 1.43% to close Tuesday trade at 3,921.27.
About 650.83 million securities valued at 5.72 trillion rials ($47.67 million) were traded at the over-the-counter exchange for the day.
Esfahan Steel Company had the highest number of traded shares as 74.37 million of its shares worth 133.006 billion rials ($1.10 million) were traded.
Marun Petrochemical Complex, Shiraz Oil Refining Company, Hormozgan Steel Company and Arfa Iron and Steel Company had the most negative impact on IFX.
Esfahan Steel Company gave the biggest boost to IFX, followed by Zagros Petrochemical Company, Middle East Mines & Mineral Industries Development Holding Company and Kowsar Insurance.
