Tehran stocks opened trade on Monday on a strong note amid rising demand for blue chips before retreating as offers increased by jittery investors.
The main index of Tehran Stock Exchange, TEDPIX, gained 44,000 points in early trade but pared most of gains later and closed the session 9,169 points higher, gaining 0.53%.
Sell-side pressure swept through majority of small stocks, pulling the equal-weighted index into negative territory. Equal-weighted index shed 4,445 points and dropped by 0.96 points.
Add new comment