Business And Markets

Tehran Stocks Open Stronger

Tehran Stocks Open Stronger
Tehran Stocks Open Stronger

The Tehran stock market saw one of its best days in two months on Saturday as prices of most shares rose. The main gauge of Tehran Stock Exchange, TEDPIX, climbed 3.3% gaining 39,454 points, the highest since Nov. 18. 
The TSE benchmark was buoyed by surge in prices of blue chips and large caps in major metal, mineral, refinery, and bank and auto companies. 
Large caps rally pushed up the TSE-30 index by 4.35% while the equal-weighted index was up 1.7% indicating that small caps were less attractive. TSE-30 index tracks the performance of 30 top companies in terms of market cap.


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