Tehran Stocks at New Highs

Tehran Stocks soared by 10,800 points at the start of the trading week on Saturday and crossed the psychological level of 600,000 points to post 1.8% gain. 
Large-cap stocks in giant petrochemical and base metal companies were top performers for the day, having the biggest impact on the market-cap weighted index, TEDPIX, and the rally was less driven by small-cap stocks. 
Price correction in a number of small-cap stocks sent the equal weighted index lower at 0.81%. The index gives the same weight to all stocks irrespective of their market cap. 
Out of a total of 298 active ticker symbols of companies listed with TSE, the symbols of 193 companies on Saturday closed in positive territory while sell-offs hit 111 ticker symbols, according to Donyaye Bourse website.