Business And Markets

Tehran Stocks Eke Out a Fragile Gain

Tehran Stocks Eke Out a Fragile GainTehran Stocks Eke Out a Fragile Gain

A sharp rally in the early hours of stock trade on Saturday gave way to sell-off in majority of ticker symbols as many rushed to sell and save gains. 
The main index of Tehran Stock Exchange, TEDPIX, gained close to 28,000 points in early trade but took a reverse later as sell-side pressure mounted in some giant listed companies. 
The market-cap weighted TEDPIX closed 1.58%, gaining 21,234 points to reach 1,366,535 points. The equal weighted index was up 0.6%. 


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