‘Shasta’ Robs TSE of Early Gains

Share prices increased on Tuesday amid high sentiment. The main index of Tehran Stock Exchange, TEDPIX, rose by 35,000 points in the early trading hours. 
More than 13,000 points of the gains were wiped off after the ticker symbol of giant multidisciplinary listed company, the Social Security Investment Company, reopened only to face a selloff. TEDPIX added 23,111 points and climbed 1.8% on Tuesday to close at 1,296,958 points. 
Known by its Persian acronym Shasta, the largest holding company in Iran now has a market capitalization of 2,361 trillion rials ($9 billion). It is among the top four large- cap companies listed with the TSE.