Business And Markets

Tehran Stocks Tick Up

Tehran Stocks Tick Up
Tehran Stocks Tick Up

Tehran stocks swung choppily at the close of trading session on Wednesday as trade began in negative territory but later gained ground.
The main index of Tehran Stock Exchange, TEDPIX, closed the session in green adding 10,484 points to climb 0.7%. With the gains it clawed back above the critical 1.5 million points and ended trade at 1,503,426 points.
TEDPIX lost 6.7% during the trading week amid panicking investors wanting to sell shares.   
Many small-cap shares, however, were still under sell-off pressure as indicated by 0.21% drop in equal-weighted index. The index gives the same weight to shares of all listed companies, irrespective of their market cap.


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