Tehran stocks continued the previous session’s rally in the early hours of trade on Tuesday before retreating as sell side pressure mounted on large caps.
The main index of Tehran Stock Exchange, TEDPIX, climbed as high as 16,000 points in the early hours but closed 10,257 points higher. The TEDPIX gained 0.85% to end trading at 1,210,146.
About 7.94 billion shares valued at 89.41 trillion rials ($357.64 million) changed hands at TSE for the day.
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