Business And Markets

Share Market Settles 3.7% Higher

Share Market Settles 3.7% HigherShare Market Settles 3.7% Higher

With share prices touching support levels after nearly two weeks of correction as shown in the technical analysis, signs of recovery that reappeared Wednesday turned into a full rally at the start of trading week on Saturday.  
The main index of Tehran Stock Exchange gained more than 34,900 points for the day, pushing the TEDPIX 3.7% higher, to close trading session at 973,495 points. 
The rally that swept majority of shares was led by large-cap companies as indicated by a whopping 4.8% gain for the TSE-30 index, which tracks performance of the 30 listed companies with highest market capitalization.  


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment