Business And Markets

Tehran Stocks Bounce Back

Tehran Stocks Bounce Back
Tehran Stocks Bounce Back

Tehran’s share market resumed rally after a brief hiatus a session earlier, but the value of trade dropped significantly amid uncertainty that has been around for several weeks.
Toiling under sell-off in early trade, the benchmark of Tehran Stock Exchange, TEDPIX, crept into positive territory to close 1.23% higher adding 16,693 points to finish at 1,375, 541 points. 
The equal-weighted index rose at the same pace and closed slightly higher than TEDPIX at 1.28% -- a sign that small caps are also in the running. 


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