Business And Markets

Stocks Close Near Flatline

Stocks Close Near Flatline
Stocks Close Near Flatline

After heavy losses a session earlier, most indicators at Tehran's share market closed slightly above the flatline on Sunday, thanks to institutional traders' tilt on the buy side.
Both the market cap-weighted index of the Tehran Stock Exchange, TEDPIX, and the equal-weighted index gained 0.1%. TEDPIX, the TSE's main gauge, gained 1,328 points to end trading at 1,355,475.
About 9.72 billion shares valued at 109.08 trillion rials ($419.54 million) changed hands at TSE. The Social Security Investment Company contributed the most to the benchmark's fall, followed by Esfahan Oil Refining Company, Islamic Republic of Iran Shipping Lines Company and Bandar Abbas Oil Refining Company.


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