Tehran Stock Exchange Claws Back Ground After Losses

Emerging from one of its longest bear markets in recent times, Tehran Stock Exchange turned bullish Monday thanks to the contribution of institutional investors.
TSE's market cap-weighted index, TEDPIX, climbed more than 2.3% adding 11,644 points to claw back the over 500,000 critical level.
Equal-weighted index, which gives the same weight to all stocks irrespective of their market cap, closed lower at 1.3%.