Business And Markets

Tehran Shares Close Flat

Tehran Shares Close Flat
Tehran Shares Close Flat

Tehran stocks pared losses in the early hours of trade on Monday to close near the flatline buoyed by demand for a handful of large caps. 
The benchmark of Tehran Stock Exchange, TEDPIX, lost more than 2,000 points at the beginning of the session but closed 886 points or 0.07% lower, ending trade at 1,186,956. 
The fragile recovery was due mainly to price rise in some large caps, especially metal companies, as shown in higher gain by the TSE-30 Index. The index climbed more than 0.3% on Monday. It tracks the performance of top 30 listed companies in terms of market cap. 


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