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Tehran Stocks Buoyed by Domestically-Oriented Shares

Tehran Stocks Buoyed by Domestically-Oriented Shares  Tehran Stocks Buoyed by Domestically-Oriented Shares

Unlike the shaky global markets, Tehran stocks opened trading week in positive territory as investors sold metal and commodity equities to buy shares of less export-oriented firms, perturbed by widespread price fall in global metal markets. 
The main gauge of Tehran Stock Exchange rose 1.4% on Saturday adding 5,790 points to TEDPIX to close trading session at 417,001.  
Saturday’s session marked a price fall in most metal stocks triggered by a selloff in global industrial metals, and rising demand for shares of less export oriented industries, including cement, food, ceramic, pharmaceuticals and transportation, according to Donyaye bourse website.  

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