Business And Markets

Tehran Stocks Push Higher

Tehran Stocks Push Higher Tehran Stocks Push Higher

After tagging higher a session earlier, the Tehran stock benchmark added more than 1% Sunday despite visible cautiousness among investors.    
The main gauge of Tehran Stock Exchange, TEDPIX, gained close to 6,500 points to finish trade at 573,903 points. TEDPIX has gained nearly 70,000 points since the beginning of the Persian New Year on March 20.
Growth for the equal-weighted index was higher at 1.73%, indicating that investors played safe vis-a-vis large-cap companies and preferred smaller listed firms. 
Worried about the future impact of coronavirus on financial markets around the world, investors stood back waiting for international markets to open on Monday, according to the analytical stock market website Donyaye Bourse. 


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